Toshiba buys after $100 a million producer of nuclear fuel is the Japanese electrical engineering corporation Toshiba officially declared a purchase 52% shares of large producer of nuclear fuel – companies Nuclear Fuel Industries Ltd. Sum of transaction which technically will be carried out
in May, estimated approximately in 10 milliards of yen (over 100 million dollars of the USA). As registers in the press-release of the Japanese corporation, its British branch Westinghouse Electric UK Ltd. will buy out on 26% shares at two Japanese companies – Furukawa Electric Co. and Sumitomo Electric Industries Ltd.do of for some time past they on equal stakes remained the proprietors of this unique company
in Japan which produces a nuclear fuel both for vodo-vodyanykh and boiling reactors.Toshiba bargains that due to acquisition of company it will be able to improve the positions in the world market of nuclear energy. A corporation in earnest needs expansion
the business, taking into account huge losses, which it bore in 2008 fiscal year in the conditions of global economic crisis, ITAR-TASS reports.
