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Nuclear fuel giant's net profit soars

      RBC, 29.12.2007, Moscow 15:37:33.According to preliminary data, TVEL's net profit surged 1.8 times to RUR5.9bn (approx. USD239m) in 2007 compared to a year earlier, the nuclear fuel corporation's press office stated today. Sales rose 29.5 percent to RUR36.9bn (approx. USD1.5bn). Investments amounted to RUR2.5bn (approx. USD102m), including RUR578m (approx. USD23.6m) spent on research and development.

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