Wismut
Wismut GmbH is a federally-owned German company mandated by the 1991 Wismut Law to remediate uranium mining legacy sites in Saxony and Thuringia, funded by the German federal budget and serving the Federal Republic of Germany, Saxony, and Thuringia as its stakeholders.
- Company typePrivate
- Founded1991
- HeadquartersChemnitz, Germany
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
Wismut firmographics
Firmographics- Name
- Wismut
- Legal name
- Wismut GmbH
- Website
- https://wismut.de
- Company type
- Private
- Founded year
- 1991
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Wismut GmbH is a federally-owned German company mandated by the 1991 Wismut Law to remediate uranium mining legacy sites in Saxony and Thuringia, funded by the German federal budget and serving the Federal Republic of Germany, Saxony, and Thuringia as its stakeholders.
- Ownership category
- akta.pro rank
Wismut industry classification
Industry- Product category
- Environmental Remediation Services
- NAICS
- Remediation Services (562910), Remediation Services (56291), Remediation and Other Waste Management Services (5629), Hazardous Waste Treatment and Disposal (562211)
- SIC
- Hazardous Waste Management (4955)
- akta.pro primary industry
- Decontamination & Dismantling (D&D) of Nuclear Facilities (EUAKAFAB)
- akta.pro secondary industries
- Soil & Groundwater Remediation (Radiological and Mixed Waste) (EUAKAFAG), Closure, post-closure institutional controls & stewardship (records, land-use controls, monitoring, maintenance) (EUAKAGAL), Groundwater Extraction, Treatment & Discharge (Pump-and-Treat, reinjection) (BPALAKAF)
Keywords
Where Wismut is headquartered
LocationHeadquarters
- HQ city
- Chemnitz
- HQ country
- Germany
- HQ region
- Europe
Offices4 records
Markets served
Wismut business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain, Others
Revenue model
- Federal Government Funding: Wismut GmbH receives funding from the Federal Republic of Germany through the Federal Ministry for Economic Affairs and Climate Action. By end of 2025, 7.4 billion euros had been allocated for remediation activities in Saxony and Thuringia.
- Administrative Agreement Funding (Abandoned Sites): Additional funding through administrative agreements between federal government and Free State of Saxony for remediation of early uranium mining sites (445 million euros until 2035)
Go-to-market motion1 record
Distribution channels1 record
Marketing channels8 records
Wismut product offering
Product offeringCore offering
Wismut GmbH is a federally owned German company mandated by the 1991 Wismut Law to remediate the legacy of former uranium ore mining in Saxony and Thuringia. The company delivers integrated remediation services including mine sealing, waste rock pile stabilization, tailings management facility remediation, treatment of contaminated seepage and groundwater, environmental monitoring, radiation protection, biomonitoring, and long-term aftercare. It also provides international consulting and knowledge transfer on uranium mining legacy remediation through partnerships with CODELCO, DIAMO, the US Department of Energy, IAEA, and the World Bank.
Product overview
Wismut GmbH is a federally owned German company tasked with the decommissioning, remediation, and rehabilitation of uranium mining and processing facilities in Saxony and Thuringia. The company operates a portfolio of integrated remediation solutions encompassing mine sealing, waste rock pile stabilization, tailings facility management, water treatment, environmental monitoring, and long-term aftercare services. Core operational offerings include radiation protection, mine rescue services, and specialized decontamination technologies. The company also maintains a public engagement portfolio featuring exhibitions at Shaft 371 (No Secret, Deposit Collection), the Wismut*Objekt90 exhibition in Ronneburg, and an international symposium (WISSYM 2027). International expertise is shared through consulting partnerships with organizations including CODELCO, DIAMO, and the US Department of Energy.
Differentiator
Problem solved
Functional benefit
Brands
- WISSYM: International Mining Symposium organized by Wismut GmbH, bringing together mining rehabilitation specialists, scientists, and government representatives to exchange knowledge on sustainable remediation mining.
Products and services
- Remediation Solutions (Sanierungslösungen)
- Water Treatment (Wasserbehandlung)
- Environmental Monitoring (Umweltüberwachung)
- Aftercare and Maintenance (Nachsorge)
- Radiation Protection (Strahlenschutz)
- Biomonitoring and Landscape Management
- Mine Rescue Services (Grubenrettungswesen)
- Wismut International Consulting
- Abandoned Wismut Sites Remediation (Altstandorte)
- No Secret Exhibition (Shaft 371)
- Deposit Collection (Lagerstättensammlung)
- Wismut*Objekt90 Exhibition
- Shaft 371 Viewing Platform (Aussichtsplattform Schacht 371)
Quantifiable outcome
- 2450 hectares of former mining areas renaturated out of 2750 hectares total by 2024
- +2 more outcomes
Companies that use Wismut
Customer profileNamed customers3 records
Segments1 record
Ideal customer profiles2 records
Wismut technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Wismut partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- US Department of Energy (DOE)coreCooperation agreement with US DOE, extending the existing five-year cooperation agreement from 2020 indefinitely in December 2024. Focus on knowledge exchange and best practices in uranium legacy remediation.
- CODELCOcoreStrategic partnership with Chilean state copper producer CODELCO for technical exchange on mining remediation and water management. Signed in June 2024, with continued collaboration in 2026 including delegations visiting German remediation sites focusing on water treatment, mining waste management, monitoring, and sustainable cover technologies.
- DIAMO (Czech State-owned Company)coreLong-standing cooperation agreement with Czech state-owned company DIAMO for exchange on uranium mining legacy remediation and related technologies.
- Wismut Stiftung gGmbHcoreWholly-owned subsidiary founded in 2021 by Wismut GmbH, federal government, and states of Saxony and Thuringia. Dedicated to preserving, presenting, and researching the Wismut heritage. Co-develops heritage presentation sites including Shaft 371.
- Stiftung ZollvereinminorPartnership between UNESCO World Heritage sites. Wismut Stiftung hosts 'Faszination Zollverein' exhibition at Shaft 371 in 2026 as part of 25th anniversary celebration of Zollverein World Heritage status. Exchange of experiences in industrial heritage development and presentation.
- International Atomic Energy Agency (IAEA)coreOngoing collaboration with IAEA on international uranium mining remediation projects. Wismut has facilitated over 40 study visits for IAEA and conducted numerous training courses in Germany and other countries.
- World BankminorInternational expertise provided through World Bank-financed projects for uranium mining legacy remediation in various countries.
- European Bank for Reconstruction and Development (EBRD)minorInternational expertise contributed through EBRD-financed projects for uranium mining remediation.
- Gesellschaft für Internationale Zusammenarbeit (GIZ)minorCollaboration on international development projects related to uranium mining legacy remediation.
Scale indicators11 records
Recent moves8 records
Expansion highlights5 records
Wismut competitors and assessment
Company assessmentDirect peers
- Nuclear Decommissioning Authority (NDA, UK): UK government's strategic agency overseeing decommissioning of legacy nuclear sites (Sellafield, Magnox, Dounreay). Similar in scale and statutory mandate for nuclear legacy, though Wismut is execution-focused while NDA is a strategic/owner organization.
- Japan Atomic Energy Agency (JAEA): Japanese governmental entity responsible for decommissioning of nuclear research facilities and uranium legacy sites. Comparable in structure (state-owned, multi-decade scope) and in operating uranium legacy remediation at sites like Ningyo-toge.
- ONDRAF/NIRAS (Belgium): Belgian radioactive waste management agency operating under federal mandate. Comparable in structure as a federally-established organization focused on long-term stewardship of radioactive waste and site remediation, with similar regulatory and Nachsorge profiles to Wismut.
- US Department of Energy - Office of Legacy Management: Operates long-term stewardship of former uranium mill tailings sites and Cold War remediation across the U.S. Comparable in mission (post-mining/post-nuclear cleanup), funding structure (federal appropriations), and Nachsorge mandate. Wismut has a renewed cooperation agreement with the US DOE extended indefinitely in December 2024.
- Canadian Nuclear Laboratories (CNL): Operates AECL sites including the Port Hope uranium cleanup project - one of the largest uranium mill tailings remediation programs in North America. Directly comparable as a federally-owned nuclear/D&D execution entity with significant long-term environmental liability.
- ENRESA (Spain): Spain's state-owned entity for radioactive waste management and decommissioning of nuclear facilities. Comparable in being a federally mandated monopoly for nuclear legacy work, with similar long-term stewardship obligations and funding through public levies.
- Sellafield Ltd (UK): Site-licensed nuclear cleanup company operating the Sellafield complex - the largest nuclear remediation site in Europe. Directly comparable in scope of D&D, water treatment, and long-term waste management - though Sellafield is much larger and focused on reprocessing-era facilities.
- DIAMO (Czech Republic): DIAMO is the Czech state-owned enterprise mandated to remediate uranium mining legacy sites in Příbram, Stráž, and other Czech locations. The most direct peer to Wismut - same institutional model, same German-speaking/Central European uranium legacy context, and a formal cooperation partner since 2020.
Regional players
- CODELCO (Chile): Chilean state copper producer and Wismut's strategic partner (signed June 2024). While primarily a mining operator rather than remediation entity, CODELCO manages legacy environmental liabilities from decades of copper mining and is now collaborating with Wismut on water management and tailings remediation - directly comparable in tailings/cover technologies.
Broad incumbents
- ORANO (France): French nuclear fuel cycle operator with major decommissioning and site remediation business (Orano DS). Comparable in nuclear D&D technology, particularly for uranium handling, but operates across the full nuclear fuel cycle rather than legacy-only.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Wismut social profiles
Digital presenceWismut financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wismut leadership team
Management profileNumber of profiles
Profiles12 records
Wismut subsidiaries and ownership
Company hierarchySubsidiaries1 record
Wismut funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wismut M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wismut
What does Wismut do?
Wismut GmbH is a federally owned German company mandated by the 1991 Wismut Law to remediate the legacy of former uranium ore mining in Saxony and Thuringia. The company delivers integrated remediation services including mine sealing, waste rock pile stabilization, tailings management facility remediation, treatment of contaminated seepage and groundwater, environmental monitoring, radiation protection, biomonitoring, and long-term aftercare. It also provides international consulting and knowledge transfer on uranium mining legacy remediation through partnerships with CODELCO, DIAMO, the US Department of Energy, IAEA, and the World Bank.
Is Wismut a public or private company?
Wismut is a private company. It is classified as state government owned and is currently operating.
When was Wismut founded?
Wismut was founded in 1991. It employs 501 to 1,000 people.
Where is Wismut based?
Wismut is headquartered in Chemnitz, Germany, in the Europe region.
How does Wismut make money?
Two revenue lines are on record. Federal Government Funding is the primary driver. The others are administrative Agreement Funding (Abandoned Sites).
Who are Wismut's main competitors?
Direct peers on record are Nuclear Decommissioning Authority (NDA, UK), Japan Atomic Energy Agency (JAEA), ONDRAF/NIRAS (Belgium), US Department of Energy - Office of Legacy Management, Canadian Nuclear Laboratories (CNL), ENRESA (Spain), Sellafield Ltd (UK) and DIAMO (Czech Republic). CODELCO (Chile) is listed as a regional player. ORANO (France) is listed as a broad incumbent.
Does Wismut have an API?
No public API is recorded for Wismut.
What industry is Wismut in?
Wismut's product category is Environmental Remediation Services. Its primary akta.pro industry code is EUAKAFAB, Decontamination & Dismantling (D&D) of Nuclear Facilities, with a secondary code of EUAKAFAG, Soil & Groundwater Remediation (Radiological and Mixed Waste). Its NAICS code is 562910 and its SIC code is 4955.