What does AREVA mean in Aircraft & Aviation?
This page is about the meanings of the acronym/abbreviation/shorthand AREVA in the Miscellaneous field in general and in the Aircraft & Aviation terminology in particular.
Adoption Resource Exchange of Virginia in Airports
Submitted by S4Bot on May 5, 2019
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Definition
What does AREVA mean?
- Areva
- Areva S.A. is a French multinational group specializing in nuclear power headquartered in Courbevoie, France. Before its 2016 corporate restructuring, Areva was majority-owned by the French state through the French Alternative Energies and Atomic Energy Commission (54.37%), Banque publique d'investissement (3.32%), and Agence des participations de l'État (28.83%). Électricité de France, of which the French government has a majority ownership stake, owned 2.24%; Kuwait Investment Authority owned 4.82% as the second largest shareholder after the French state.As a part of the restructuring program following its insolvency, Areva sold out or discontinued its renewable energy businesses, sold its reactors business subsidiary Areva NP (now Framatome) to EDF and its nuclear propulsion and research reactors subsidiary Areva TA (now Technicatome) to Agence des participations de l'État, and separated its nuclear cycle business into a separate company New Areva (becoming Orano). As a result, Areva S.A. became wholly state-owned by the French government, remaining responsible only for the liabilities related to the Olkiluoto 3 project in Finland and holding a 40% stake in Orano.
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"AREVA." Abbreviations.com. STANDS4 LLC, 2024. Web. 3 May 2024. <https://www.abbreviations.com/term/2064365>.
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