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The ENUSA GROUP Presents its Annual Report

Annual Report GRUPO ENUSA 2014

  • In 2014 the earnings of this corporate group amounted to € 286 million

  • The fuel assembly factory in Juzbado exported more than 70% to European nuclear power plants

  • ETSA, the transportation subsidiary, handled almost 40,000 shipments of radioactive material

  • EMGRISA, the Group’s environmental firm, opened an office in Peru as part of its internationalization process

In a year when the public sector Transparency Act took effect, the Annual Report is a tool for awareness and reflection that characterizes the ENUSA Group and is one of our trademarks.
The purpose of the Transparency, Access to Public Information and Good Governance Act is to extend and strengthen the transparency of public activities, regulate and guarantee the right of access to information on those activities and establish the obligations to be observed by public officials. In 2014, ENUSA opened a Transparency Portal section on its website which makes information available to any interested party regarding the company business and including economic and financial data, corporate, organizational and regulatory information, etc.

Transparency and credibility are necessary steps to be taken to consolidate Corporate Social Responsibility in the sense of gaining the trust of all stakeholders, including the market.

Main Activities of the ENUSA Group in 2014
In 2014, the most important decision and one that will guide the development of ENUSA GROUP projects and activities, as well as maintain its market competitiveness, has been to definitively concentrate on its two business areas: nuclear and environmental. Consequently, the disinvestment of its subsidiary Molypharma has been completed and the companies remaining in the ENUSA GROUP are: ENUSA INDUSTRIAS AVANZADAS, S.A. and ETSA in the nuclear business, and EMGRISA as the Group’s environmental brand.

The ENUSA GROUP, which in 2014 had 711 employees, has had a turnover of 286 million Euros in 2014, and its after-tax earnings have amounted to 4 million Euros.

The Supply area of ENUSA, the Group’s parent company, has signed important enrichment services contracts that will guarantee the supply in the years to come.

The output in 2014 of the Fuel Manufacturing area has amounted to 340 tons of uranium equivalent (tU), 70% of which has been exported to European power plants. The Juzbado Factory continues to improve the manufacturing process on an ongoing basis, with heavy investments in equipment and systems upgrades which in 2014 amounted to 3.7 million.

The company is still working actively to boost its technological capabilities in the second part of the fuel cycle.

On the other hand, the nuclear company carries on with its internationalization activities, and in 2014 the Salamanca-based firm has sold its first orders of fresh fuel inspection equipment to China and Brazil, operations which it trusts will be followed by many similar ones.

ENUSA maintains its commitment to innovation through R&D projects. In 2014, 14 new research projects were undertaken, with an investment of six million Euros (€6 M) and a dedication equivalent to 30 researchers/year.

The dangerous goods transportation company – ETSA – has carried 39,818 shipments of radioactive material and has signed an agreement with Biocarburantes de Castilla y León to be a transport operator.

As for the Group’s environmental activities, EMGRISA became the environmental brand of ENUSA in 2014. The subsidiary, which focuses on industrial waste management and treatment of contaminated water and soils, has continued to internationalize by opening an office in Peru and with commercial activities and agreements in Chile, Bolivia and Kuwait; it has been performing decontamination works in the latter country since 2013.

On the other hand, the Juzbado biogas plant and the municipal solid waste plant in Cervera de Maestre have achieved their targets for 2014. And the Ciudad Rodrigo environmental center carries on with the work to decommission and reclaim the former Saelices el Chico mines and to manage the dismantling of the Quercus Plant.

The ENUSA GROUP 2014 annual report of activities and results is available in both Spanish and English at www.enusa.es, together with an easy-to-read summary that contains last year’s most relevant information.