Performance Management

Investment Management

The Сompany's investment activities have been based on the decree on investment policy of JSC "TECHSNABEXPORT", based on the State Atomic Energy Corporation ROSATOM investment policy.

Investment decisions in the Company are made by the Investment committee, which is a permanent collegial body that considers all the projects of the Company and its subsidiaries.

The key document containing the Company's investment programme is the Investment memorandum, which is approved by the State Atomic Energy Corporation ROSATOM Investment Committee and is updated annually in order to integrate the investment, mid-term and strategic planning.

In 2011 the Investment memorandum of JSC "TECHSNABEXPORT" was approved, which defines the direction of investment activities of the Company for a 5-year period.

The Company's investment activities are focused primarily on implementation of investment projects and measures that correspond with the Company's strategic objectives and performing the tasks set by the State Atomic Energy Corporation ROSATOM.

The comprehensive approach to the study of investment decisions involves an in-depth analysis of financial and economic, technical, organisational, environmental and other aspects of the investment projects. The outcome of the analysis is formalised in the passport of the investment project.

In 2011 the State Atomic Energy Corporation ROSATOM prepared and approved the passport of the TLC "West" project, which aims to develop the distribution infrastructure of the Baltic Sea ports.

Investment spending structure in 2009-2010 (RUR mln, excl. VAT)

 Long-term investment (purchasing shares or equity stakes)
Fixed assets
  Intangible assets

In 2011 the Company invested in its subsidiaries in order to develop the industrial transport infrastructure, and made capital investment in purchasing UX-30 protective covers to transport uranium products as part of developing its own transport equipment stock.