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Private company

TVEL

Nuclear fuel company based in Russia

TVEL Fuel Company (TVEL; Russian: ТВЭЛ, from тепловыделяющий элемент, lit. 'heat-releasing element, fuel rod'), is a Rosatom-owned nuclear fuel cycle company headquartered in Moscow. It has operated since 1996.2 Its revenue was ₽185 billion in 2017.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1996Founded1
  • HeadquartersMoscow1
  • Websitewww.tvel.ru
  • Legal formjoint-stock company1

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TVEL Building Moscow
Photo: RudolfSimon, CC BY-SA 3.0, via Wikimedia Commons4

TVEL Fuel Company (TVEL; Russian: ТВЭЛ, from тепловыделяющий элемент, lit. 'heat-releasing element, fuel rod'), is a Rosatom-owned nuclear fuel cycle company headquartered in Moscow. It has operated since 1996.2

Corporate structure

TVEL sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

The story

The company was founded by Vitaliy Konovalov in 1996. He headed the company until 2000.

It works mainly in uranium enrichment and the production of nuclear fuel. TVEL belongs to the Atomenergoprom holding company (part of Rosatom).

TVEL supplies fuel to the Czech Republic, Slovakia, Bulgaria, Hungary, Ukraine, Armenia, Finland, China and India. In the world, 73 power reactors (17% of the world market by number) and 30 research reactors are currently running with TVEL made fuel.

TVEL is developing the TVS-K fuel assembly for Western-designed reactors. In 2017 TVS-K was in pilot usage at Ringhals Nuclear Power Plant, and larger trials in the French supplied reactors at Koeberg Nuclear Power Station are planned.

The chairman of the board of directors is Yuri Olenin. The president of TVEL is Natalia Nikipelova.

From Wikipedia’s article on TVEL, shared under CC BY-SA 4.0.3

Products and brands

  • nuclear fuel

Listed on Wikidata.1

Nuclear fuel production

Mashinostroitelny Zavod Elektrostal

Novosibirsk Plant of Chemical Concentrates

Chepetsky Mechanical Plant

Read the full text

Moscow Plant of Polymetals

Separation-sublimation assets

Angarsk Electrolysis Chemical Combine

Zelenogorsk Electrochemical Plant

Siberian Chemical Combine

Ural Electrochemical Plant

Research institutes and design bureaus

Central Design and Technology Institute

VNIINM

Novouralsk Scientific and Design Center

OKB-Nizhny Novgorod

Centrotech-SPb

Uralpribor

From Wikipedia’s article on TVEL, shared under CC BY-SA 4.0.3

Subsidiaries and ownership

Subsidiaries

From Wikidata.1

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

TVEL revenue by year1185.1B RUB in 2017−0% since 2016
050.0B RUB100.0B RUB150.0B RUB200.0B RUB2016: 185.7B RUB185.7B RUB20162017: 185.1B RUB185.1B RUB2017−0%
  • 2017185.1B RUB1
  • 2016185.7B RUB1

Net income

TVEL net income by year147.8B RUB in 2017+11% since 2016
020.0B RUB40.0B RUB60.0B RUB2016: 43.0B RUB43.0B RUB20162017: 47.8B RUB47.8B RUB2017+11%
  • 201747.8B RUB1
  • 201643.0B RUB1

Timeline

  1. 1996Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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