China eyes plutonium factory in Germany

Published: 3 December 2003 y., Wednesday
China has voiced interest in buying a German factory built to produce plutonium for power stations, German government sources say, as Chancellor Gerhard Schroeder continues a visit to the country. The sources, travelling with Schroeder, said Chinese Premier Wen Jiabao had expressed interest in the plant during his talks with Schroeder. The chancellor promised to study the request, the sources added. On Tuesday, Schroeder flew to southern and western China on the second leg of a three-day visit to China focused on boosting economic relations. The plant at Hanau, western Germany, was constructed in 1991 by the German electronics group Siemens at a cost then of 700 million euros (837.3 million dollars), but never went into operation and still lies idle. The factory, designed to produce fuel elements from plutonium, is estimated to be worth around 50 million euros today. Its owner Siemens had previously offered to export the complete facility to Russia in mid-2001, but the plan sparked political concern and was eventually dropped. Schroeder is on his fifth visit to China in as many years. He spoke on Monday with Chinese President Hu Jintao as well as with Premier Wen.
Šaltinis: AFP
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Financial services: Commission adopts additional legislative proposals to strengthen financial supervision in Europe

The European Commission has adopted additional legislative proposals today to further strengthen financial supervision in Europe. more »

Dealing with derivatives

The EU has announced plans to regulate the market for derivatives – complex financial products that helped trigger the financial crisis. more »

Milk price crisis: Parliament gives go ahead to new measures

New proposals to help EU farmers through the milk price crisis were backed by Parliament on Thursday. more »

JEREMIE & JESSICA: Innovative financial instruments help regions and cities to overcome their investment needs

The European Commission and the European Investment Bank (EIB) Group are organising a conference in Brussels on 22 and 23 October to further promote two initiatives designed to increase the use of financial engineering instruments in the framework of cohesion policy. more »

Construction of Finnfoam’s thermal insulation production plant started

The biggest thermal insulation production manufacturer in Finland “Finnfoam” has started the construction of a thermal insulation production plant in Kaunas FEZ. more »

EIB supports Hungary with EUR 350 million

The European Investment Bank (EIB) is providing two loans in Hungary. more »

European Commission, International Financial Institutions and EU Member States agree Western Balkans Investment Framework

Key Western Balkan projects to benefit from new funding EU, IFI financing to focus on infrastructure, SMEs and energy efficiency. more »

Lithuania, Belarus and China will develop East-West transport corridor

Lithuania, Belarus and China will cooperate in the development of the initiative of the East-West transport corridor. more »

Bank SNORAS will provide preferential credits to farmers and agricultural companies

On October this year AB Bank SNORAS will provide preferential UAB “Guarantee Fund of Agricultural Loans ” purpose loans to farmers and companies, which scope of activity is economic activity and processing of agricultural production. more »

Car workers in Austria to get help from EU Globalisation Fund

The European Commission has today approved an application from Austria for assistance under the European Globalisation Adjustment Fund (EGF). more »