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Studsvik AB: Strategic Partnership Forms for Nuclear Waste Solutions

15:15 / 21 May 2024 Studsvik Press release

Uniper and Studsvik signs a strategic partnership agreement to operate in the Nordics and Baltics and in selected markets in Europe - Belgium, Spain, Italy and Portugal.

Optimising the total cost of ownership is essential in the nuclear industry, especially in decommissioning and waste management. Uniper and Studsvik will therefore combine its offerings for specific activities in these markets, in order to provide customers with cost-effective, world-class solutions with the highest safety, efficiency and quality in mind.

- Today, we are taking a step towards offering customers a complete value chain for shut down nuclear facilities. It includes expertise in Site and Programme Management, Decommissioning, Dismantling and Waste Management, says Johan Svenningsson Country Chairman and CEO Uniper Sweden.

Studsvik and Uniper are two companies with complementary strengths. Uniper has a long track record in running nuclear operations and proven expertise in large-scale nuclear decommissioning and dismantling. Studsvik offers management and technology tailored to waste minimisation and treatment, as well as significant practical experience in decommissioning planning and delivery.

- The partnership between Studsvik and Uniper is a perfect match, as we are two companies with complementary strengths. Together we aim to reduce risk, save time and optimise decommissioning and waste management activities in our targeted markets, says Camilla Hoflund, CEO for Studsvik.

The partnership includes an exclusive collaboration at the Nordic, Baltic and Belgium markets on Studsvik's innovative inDRUM technology, which is a patented method for treating operational and problematic wastes.

For further information, please contact:

Camilla Hoflund, President and CEO of Studsvik AB, +46 155 22 10 66 for Financial questions

Mikael Karlsson, Business Area President Waste Management Technology, +46 155 22 17 86 for technical questions

Roger Strandahl, Senior Vice President Communication & IR, Uniper Sweden,
 +46 725 161916

Facts about Uniper

Uniper is an international energy company with activities in more than 40 countries and approximately 7,000 employees. In Sweden Uniper is a major electricity provider for the Swedish industry and society with power plants around the country for fossil free hydro power and nuclear power, and the Nordic region's largest peak and reserve power.

Facts about Studsvik

Studsvik offers a range of advanced technical services to the global nuclear power industry. Studsvik's business focus areas are fuel and materials technology, reactor analysis software, decontamination and radiation protection as well as technical platforms for handling, conditioning and volume reduction of radioactive waste. The company has more than 75 years' experience of nuclear technology and radiological services. Studsvik has 530 employees in 7 countries and the company's shares are listed on Nasdaq Stockholm.

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