PARIS (AP) — France’s state-controlled nuclear engineering giant Areva said Thursday that it lost €99 million ($130 million) last year but that it is making strides in turning around a business struggling to move past the Japan’s nuclear disaster and a trouble mining venture.
The company lost €2.5 billion in 2011, a year that saw many countries rethink their use of the nuclear energy after the earthquake and tsunami that devastated the Fukushima power plant. Much of those losses were due to a troubled uranium mining venture that was the subject of investigation.
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