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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Aveva Group Plc | LSE:AVV | London | Ordinary Share | GB00BBG9VN75 | ORD 3 5/9P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 3,219.00 | 3,219.00 | 3,220.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:3471U Aveva Group PLC 19 January 2004 FOR IMMEDIATE RELEASE 19 January 2004 AVEVA Group plc Euro2.25m ORDER FOR NUCLEAR POWER PROJECT Landmark European nuclear power project to use complete AVEVA solution suite Framatome ANP, the Engineering, Procurement and Construction division of the AREVA Siemens Consortium has signed a Euro2.25 million order for the VANTAGE suite of integrated engineering IT solutions from AVEVA Group plc ("AVEVA"; LSE:AVV). After a detailed examination, Framatome selected AVEVA's suite of integrated engineering design, management, procurement and collaboration solutions from all four of the solution families: VANTAGE Plant Engineering (VPE), Plant Design (VPD), Project Resource Management (VPRM) and Enterprise NET (VNET). The order also includes the VANTAGE 'Global' capability to execute the project across several locations in unison. The order follows the award by the Finnish electricity utility company, Teollisuuden Voima Oy, to the Consortium for a Pressurised Water Reactor at the Olkiluoto site in Finland. The Nuclear Island for the turnkey project will be supplied by Framatome ANP and the Turbine Island by Siemens. The overall value of the 1600 Mwe project has been estimated to be around Euro3 billion and it is scheduled to start commercial operation in 2009. This project is the first major 'grass-roots' nuclear project in Europe for over a decade. Richard Longdon, Chief Executive of AVEVA, commented: "We are delighted with this order and proud to have been selected to supply a complete solution after a lengthy, competitive benchmark. We are pleased to see the nuclear industry in Europe picking up. This latest order builds on our established supplier relationships with leading European nuclear power station operators and our dominant position in the Chinese power generation market." For further information, please contact : Richard Longdon, Chief Executive; 01223-556611 Paul Taylor, Finance Director www.aveva.com Steve Liebmann at Bankside 020-7444-4163 / 07802-888159 About Framatome Framatome ANP, an AREVA and Siemens Company, is dedicated to nuclear power around the world. Framatome ANP provides comprehensive engineering, instrumentation and control, nuclear services, heavy component manufacture, modernization, fuel assemblies for many reactor designs, including those supplied by other vendors, and the development and construction of nuclear power plants and research reactors. Framatome ANP is headquartered in Paris with principal subsidiaries in the U.S. and Germany. In the company, AREVA has a 66 percent share and Siemens 34 percent. Framatome ANP has a total workforce of approximately 14,000 worldwide. AREVA, is a high-tech industrial group and world leader in its businesses, nuclear energy and connectors. With 50,000 employees in over 30 countries, in 2002, AREVA generated revenues of Euro8.3 billion. AREVA offers major international utilities a complete range of products and services for electricity generation using nuclear power. The Group also develops interconnection systems, mainly for the telecom, IT and automobile sectors. This information is provided by RNS The company news service from the London Stock Exchange END STRSFDFMMSLSEEF
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