Engineering Division’s value chain (in the main business core) is part of the value chain of the whole nuclear industry. The role and place of the Company in the chain of NPP construction is determined by the significance of the EPC-contractor’s role in ROSATOM structure – over 60 % of NPP production cost throughout the life cycle is determined by the EPC-contractor effective performance (averaged share of investments, decommissioning and spent fuel management services at the current cost of electrical power).
The Engineering Division defines its business model as a system of building value in the short-, mid- and long-term perspective and aiming to achieve strategic goals. The Company’s businessmodel is based on its long-term strategy and sustainable growth of business. The business-model includes: available capital (both own and shared with other stakeholders); management system aimed at maximum efficiency of utilization the available funds; initiatives on value creation. Within the complete value chain, an important role belongs to the funds that change (increase/ decrease, transform); products and services; to the results of value creation initiatives and their contribution into the long-term growth of the Company revenue.
For value creation the Company relies on the employees professional skills and motivation. The basis of growth in this area is ensuring a safe working environment, encouraging local employment, investments in the personnel training and improvement of their professional skills.
Strengthening of creditable relationships with customers is important due to increased competition on the nuclear power engineering market and the necessity to compete with other types of power industry. The opinion of the local community is also an important factor of NPP construction. Increase in nuclear power engineering public acceptance is crucial for a long-term value creation.
NPP construction performance inevitably affects the environment. The Company seeks to minimize this impact. High level of environmental friendliness of the power energy generated at NPP in comparison with TPP is a positive aspect.
BM success depends on the quality of construction technologies and innovations. The Company seeks to create new technologies, as well as to implement the existing ones to all projects under development.
The Company’s production assets used to produce goods or render services (buildings, equipment, infrastructure facilities etc.)