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Russia To Boost Spending On Nuclear Safety

Sergei Kiriyenko, head of Rosatom (file photo) (ITAR-TASS) June 27, 2006 -- The head of Rosatom, Russia's Atomic Energy Agency, today announced a tenfold increase in spending on nuclear safety next year.

Sergei Kiriyenko said the increase, to 3 billion rubles ($111 million) in 2007, was less than needed and called for further investment in the country's nuclear energy industry.


Russia's Nuclear Power Chief

Russia's Nuclear Power Chief

Sergei Kiriyenko and his wife, Maria, at a rock concert in 2004 (TASS)

A RISING STAR: In August 1998, Russia spiraled into financial meltdown. The subsequent ruble devaluation was a severe blow to the country's financial system and millions of people lost their savings. At the helm was Prime Minister SERGEI KIRIYENKO, who, along with his government, was subsequently forced to resign by then President Boris Yeltsin. Since that career low, Kiriyenko's fortunes have changed. Currently in charge of Rosatom, Russia's Federal Atomic Energy Agency, he is thought by many to be a politician on the rise.... (more)

See also:

Moscow Seeks To Reignite Nuclear Power Industry

Putin's Former Colleagues Make Up Today's Energy 'Team'

Russia's New Nuclear Strategy