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Studsvik AB & Kobe Steel to establish joint venture company focused on nuclear waste management in Japan

Studsvik and Kobe Steel, Ltd have announced the creation of a new Japanese joint venture (“KOBELCO STUDSVIK Co. Ltd.”) company focused on delivering design, engineering and implementation to provide radioactive waste management solutions to the Japanese nuclear industry. A Japanese company, with shareholding of 51 % Kobe Steel and 49 % Studsvik, will be formed to carry out the joint venture’s business.

Studsvik sells waste treatment operations to EDF

Studsvik AB (publ) has signed an agreement to divest its Waste Treatment business and facilities in Sweden and the UK to EDF Développment Environnement SA, a 100 % subsidiary of EDF SA, for a purchase price of SEK 355 million, subject to closing adjustments.