References in periodicals archive ?
BNFL said more than pounds 500million had been spent on discharging 'historic nuclear liabilities' in the 12 months to March 31, adding that their safety record during the year had been the best in their history.
Fourth, BNFL (British Nuclear Fuels) and almost all of the other major employers in the U.
That 16-month closure cost BNFL an estimated pounds 180m.
BNFL chief executive Mike Parker said: "BNFL will ensure that the sale will follow a fair and transparent process.
The sale is being handled for BNFL by its financial advisers, NM Rothschild & Sons Limited and any interested parties should contact Richard Guest at reactorsites@rothschild.
BNFL and the Government agreed to sell the business following a review of the company in 2003.
A British Government investigation said BNFL bosses produced dodgy figures - so new nuclear reactors would get the go-ahead.
However, a BNFL spokesman said today: ``We have no plans to sell,but Westinghouse will be part of a review by new chief executive Michael Parker.
BNFL expects the sale to be finalized within approximately six months.
The power station construction and services arm was sold for around pounds 3bn and BNFL described the deal with Toshiba as a "win-win" situation as it secured the best outcome for employees and the UK taxpayer.
This was a straightforward decision due to the strength of Toshiba's bid, and the care BNFL has taken to ensure every potential concern is addressed responsibly," Parker said.
BNFL calculate future nuclear waste on the basis of volume but the nuclear watchdog rejected this analysis.
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