Nuclear giant of France to report a large loss

Source: BBC

The nuclear reactor owned by France's government, Areva, is likely to report about large loss this year, according to French industry minister. The financial position of Areva was impacted by Japan's nuclear disaster of Fukushima in March. The company is likely to write-down about 1 billion euros of its assets' value. Areva will unveil the new strategy later this week

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