Areva

Areva SA (Euronext: CEI) is a French public multinational industrial conglomerate headquartered in the Tour Areva in Courbevoie, Paris. Areva is mainly known for nuclear power; it also has interests in other energy projects. It was created on 3 September 2001, by the merger of Framatome (now Areva NP), Cogema (now Areva NC) and Technicatome (now Areva TA). Its main shareholder is the French public-sector company, the CEA, which owns 78.9%. The CEA's brief is similar to that of the US Department of Energy. But the German company Siemens also retains 34% of the shares of Areva's subsidiary, Areva NP, in charge of building the EPR, an advanced Generation III+ PWR nuclear reactor.