Studsvik Expanding Core Competence within Fuel and Materials Technology Business Area

NYKÖPING, Sweden--()--Regulatory News:

Studsvik AB: (STO:SVIK)

Starting September 1, 2015 Studsvik ALARA Engineering will move from the Consultancy Services Business Area into the Fuel and Materials Technology Business Area.

“This integration further strengthens the Business Area for our expanding customer base, by providing a more efficient, broader spectrum of solutions, focused specifically on optimizing the fuel cycle - from design to post operation and reactor core management”, says Camilla Hoflund, President of the Fuel and Materials Technology Business Area.

The Studsvik Fuel and Materials Technology Business Area already provides world-leading services related to fuel and materials integrity, water chemistry, reactor physics and reactor core management to the commercial nuclear industry supporting the entire fuel cycle. ALARA Engineering further complements these solutions by providing thermal hydraulic and safety analysis expertise.

The integration into the Fuel and Materials Technology Business Area is a natural progression in Studsviks ever-expanding materials and reactor analysis offerings. “We are focused on providing complete solutions to help our customers realize improved safety and cost efficiencies in the design and operation of the nuclear fuel cycle. Studsvik’s unmatched experience and facilities give Studsvik an exclusive position to offer these safety and cost efficiencies by providing integrated solutions”, Camilla continues.

Facts about Studsvik

Studsvik offers a range of advanced technical services to the international nuclear power industry in such areas as waste treatment, consultancy services, and fuel & materials technology. The company has over 65 years experience of nuclear technology and radiological services. Studsvik has 800 employees in 7 countries and the company’s shares are listed on the Nasdaq Stockholm.

Studsvik is publishing this information pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The Information was released for public disclosure on August 25, 2015 at 08:15 AM CET.

www.studsvik.com

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Contacts

Studsvik AB
Camilla Hoflund
President of Fuel and Materials Technology
phone + 46 155 22 10 66
or
Michael Mononen, CEO
phone + 46 155 22 10 86

Contacts

Studsvik AB
Camilla Hoflund
President of Fuel and Materials Technology
phone + 46 155 22 10 66
or
Michael Mononen, CEO
phone + 46 155 22 10 86