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Benelux Times™ > Blog > News > Business > Russian State company moving uranium profits through Netherlands
BusinessNetherlands

Russian State company moving uranium profits through Netherlands

BT NEWSROOM
Last updated: August 20, 2024 12:05 pm
Published August 20, 2024
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The Russian state-owned nuclear company Rosatom uses a Dutch subsidiary to move hundreds of millions of euros in profits, NOS reports based on the recently published annual report of Amsterdam-based subsidiary Uranium One Coöperatief.

Europe and other Western states are dependent on the Russian uranium sector and have not dared impose sanctions on Rosatom so far. The company is a major producer of enriched uranium, holding a 35 percent world market share, and nuclear energy. It also plays a role in the war by managing the captured nuclear power plant in Zaporizhia.

Through its Dutch subsidiary, Rosatom extracts nuclear raw materials in…



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