Areva NC

Nuclear company Areva in turmoil after billions in losses

Nuclear manufacturer Areva has announced a 4.8 billion euro loss for 2014, more than its entire market value, plunging the powerful French nuclear industry into turmoil.
     
The French government said on March 4 it's working closely with Areva to restructure and secure financing, and would "take its responsibility as a shareholder" in future decisions about its direction.