Number of jobs committed in contract: 10 (jobs for ex-nuclear workers 10).
CNCP financial commitment: £70,500 as capital grant, including £4,109 for additional research.
Plan
The project aims to expand existing production in Sarov of vibration control and monitoring systems. These systems are used to measure
vibration on turbines and generators at power plants. The company is currently working on developing control systems for rotating machines
at nuclear power plants, vibration measurement systems and vibration analysis algorithms for every Russian NPP turbine and generator.
Such algorithms regularly need adaptation through characterization of vibration signatures of various system components.
Manufacturing capacity is currently only 1-2 systems per year. This capacity can be increased by adding both staff and equipment.
The proposed investment of £307k (£101k from DECC) would allow the addition of 10 jobs all redundant VNIIEF engineering staff.
According to the project, a production of such advanced devices will be established. The annual sales volume could reach 9 m RUR.
Assuming a profitability of 15 %, the payback period will be 3 years.
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