Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Sunday, May 10, 2015

Will Areva survive a cascade of crises?


Will Areva survive a cascade of crises?

Phillippe Knoche, Areva’s CEO, at this point in his brief history at the head of the firm, could probably be forgiven for thinking that without too much trouble he could throw a rock in just about any direction and hear the clang of its impact on side of one of the firm’s major crisis. The past month has seen them pop up like a string of volcanic islands rising from the ocean their heat driven by the friction of the intersection of massive tectonic plates.
Areva’s troubles look like that because the firm’s financial crisis is growing due to forces that appear to be beyond its control.

http://neutronbytes.com/2015/05/09/will-areva-survive-a-cascade-of-crises/

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