Orano
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Headquarters in Courbevoie, France
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| Euronext: AREVA | |
| Public | |
| Industry | Energy |
| Founded | 2001 |
| Headquarters | Courbevoie, Paris, France |
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Area served
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Worldwide |
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Key people
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Philippe Varin (Chairman) Philippe Knoche (acting CEO) |
| Products | Nuclear power, Uranium, Electricity, Renewable energy |
| Revenue |
 €4,012 million (2016) |
 €-770 million (2016) |
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| Total assets |
€27032 million (2016) |
| Owner |
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Number of employees
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16,000 (2018) |
| Subsidiaries |
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| Website | www |
Orano (previously Areva) is a French multinational group specializing in nuclear power and renewable energy headquartered in Paris La Défense. Areva is majority owned by the French state, through French Alternative Energies and Atomic Energy Commission (54.37%), Banque publique d'investissement (3.32%), and Agence des participations de l'État (28.83%). Moreover, Électricité de France of which the French government has a majority ownership stake, owned 2.24%; Kuwait Investment Authority owned 4.82% as the second largest shareholder after the French state.
In 2017 the majority of its reactor business Framatome (previously Areva NP) was sold to Électricité de France, while Areva will quit the new company ("New NP") by 2020. Japan Nuclear Fuel Limited and Mitsubishi Heavy Industries will take a 5% stake each in another new company, which will run the nuclear fuel business of Areva, later named Orano (previously "NewCo").
On 23 January 2018 Areva was renamed Orano.
Areva was created on 3 April 2001, by the merger of Framatome (later Areva NP, now sold off and renamed back to Framatome), Cogema (now Areva NC) and Technicatome (now Areva TA). It was based on the structure of its precursor, CEA-Industrie, and Anne Lauvergeon was named CEO. In 2009, Siemens sold its remaining shares of Areva NP.
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