ROSATOM CEO S. Kirienko held talks with Turkish Minister of Energy T. Yildyz


ROSATOM CEO Sergey Kirienko, who is on a working visit to the Republic of Turkey, March 13, 2014 in Ankara discussed with Minister of Energy and Natural Resources of Turkey Taner Yildyz the issues of implementation of the project aimed at building Turkey’s first nuclear power plant Akkuyu.

S. Kirienko said: “More than US$ 1.5 Billion have been already invested in implementation of the Akkuyu NPP project and this is just the beginning. We proceed from the fact that local companies will get orders for construction and installation works worth more than US$ 5 Billion. During the plant construction period, tax payments will amount to billions of dollars as well. The project develops successfully; our nearest move is to submit the refined environmental impact assessment (EIA) to the Ministry of Environment [and Urban Planning] of Turkey, which will happen before March 27.”

T. Yildyz said: “We have mutual trust. Normally, EIA is 500-page thick. We have somewhat more, over 3,500 pages, but it has to be understood that we are building the first NPP in Turkey; therefore, the wish of our experts to ask questions is understandable. On the whole, we do our best to commission the first reactor in 2019.”

At the meeting with T. Yildyz, the head of ROSATOM also introduced a candidate for the directorship in the project company NPP Akkuyu JSC, Fuad Akhundov, who will take the office commencing April 1, 2014. Sergey Kirienko said the former head of the company, Alexander Superfin, moves to another job. As a vice president of Rusatom Overseas, he will be responsible for ROSATOM’s business development in the North American market.


For information:

Fuad Akhundov was born in 1966 in Baku. He graduated from the Azerbaijan State Petroleum Academy and the school of business at the University of Texas (USA). Mr. Akhundov started his career in 1986 in the system of the Ministry of Defense of the USSR. In 1991 he moved to the governmental bodies of the Republic of Azerbaijan where he held different positions in the State Committee for Economy and Planning and the Administration of the country’s President. In 1993 F. Akhundov was appointed the deputy chairman of the Central Bank of Azerbaijan where he headed the working group at negotiations with IMF and World Bank. In 1995-2001 F. Akhundov held the post of president of the International Bank of Azerbaijan and then he moved to work in the Russian financial institutions. In particular, from December 2003 till October 2006 he had the post of president of the bank Uralsib. Now he is the CEO of Znak JSC and chairman of the board at the management company URALSIB Asset Management. Mr. Akhundov also is a board member of the financial corporation Uralsib. He is a fluent speaker of Azerbaijani, Russian, English and Turkish. He is married with three children.

Source: Communications Department of ROSATOM