Framatome AG established in Switzerland to enhance local nuclear expertise

Framatome AG established in Switzerland to enhance local nuclear expertise
by Robert Schreiber
Zurich, Switzerland (SPX) Nov 28, 2023

Framatome, a leading player in the nuclear energy sector, has recently announced a strategic expansion in Switzerland with the creation of Framatome AG, a new subsidiary. This move marks a significant development in the company's efforts to provide specialized local nuclear services to Swiss operators.

The establishment of Framatome AG is a deliberate step towards strengthening Framatome's local presence in Switzerland, particularly in proximity to Swiss nuclear power plant operators. This new center of competence and expertise aims to provide comprehensive support for lifetime extension projects of Swiss nuclear power plants, leveraging the global expertise and diverse product portfolio of Framatome.

Bernard Fontana, CEO of Framatome, commented on this development, stating, "The creation of Framatome AG marks a new step in our longstanding cooperation with our Swiss customers for the reliable generation of safe and low-carbon energy over the long term." He further emphasized the significance of this venture, noting, "The development of this center of nuclear expertise, close to our customers, is a pledge of our desire to continue to play a prominent role in Switzerland."

Framatome AG is set to provide a wide range of services and solutions. The team of experts based in Switzerland will extend their support across various disciplines related to the design, commissioning, maintenance, and modernization of nuclear plant equipment. Their expertise will also cover operation, instrumentation, and control aspects, as well as the design and supply of fuel assemblies.

Furthermore, Framatome AG will assist Swiss nuclear operators in their digital transformation endeavors. The company offers solutions aimed at securing and simplifying the operation of highly critical systems, a crucial aspect in the modern nuclear industry.

As a wholly-owned subsidiary of Framatome, Framatome AG is strategically located in Baden, in the Canton of Aargau. This location was driven by its proximity to Switzerland's three operational nuclear power plants. With Switzerland's nuclear energy strategy evolving and the country's nuclear power plants being significant electricity contributors, Framatome says an enhanced local presence via Framatome AG will play a pivotal role in supporting the nation's nuclear energy sector.