Chornobyl Nuclear Power Plant

What Chornobyl Nuclear Power Plant does

Chornobyl Nuclear Power Plant (ChNPP) is a Ukrainian State Specialized Enterprise established in 2001 to operate and decommission the Chornobyl Nuclear Power Plant site following separation from the national operator Energoatom. It is the sole legal entity licensed to manage the decommissioned V.I. Lenin ChNPP, where all four reactor units (RBMK-1000 type) were shut down by December 2000 following the 1986 Unit 4 accident. The enterprise is regulated by the Ukrainian State Nuclear Regulatory Inspectorate (SNRIU) under nuclear safety, radiation protection, and radioactive waste management legislation, and operates under the oversight of the Ministry of Energy of Ukraine and the State Agency for the Management of the Exclusion Zone (SAUEZM).

ChNPP's core technical assets include the New Safe Confinement (NSC), a 110-meter steel arch structure completed in 2016 over the Unit 4 sarcophagus and designed for a 100+ year service life; the Interim Spent Fuel Storage Facility (ISF-2) utilizing Holtec International technology for dry storage of spent RBMK fuel; the Liquid Radioactive Waste Treatment Plant; and the Vector radioactive waste management complex. The enterprise maintains the Chornobyl Exclusion Zone infrastructure, performs radiation monitoring, manages radioactive waste, and conducts partial dismantling and decommissioning work on Units 1-3. Director General Serhii Tarakanov leads the organization, with Denys Khomenko serving as Deputy Technical Director for Operations.

The business model is non-commercial: ChNPP has no revenue-generating products or services and operates entirely on funding from the Ukrainian state budget and international donor grants, including EBRD-administered Nuclear Safety Accounts (Grant Agreements 5 and 6 totaling EUR 35 million), Norwegian contributions to the International Chornobyl Cooperation Account (NOK 100 million / EUR 9.1 million additional, on top of EUR 10.3 million cumulative), and partnerships with the EU, IAEA, WHO, EC-JRC, G7 Global Partnership, and the U.S. Department of State. Operations have continued under wartime conditions following the February 2022 Russian invasion of Ukraine, and the enterprise is currently addressing damage to the NSC from a February 2025 Russian drone strike, with restoration costs estimated at approximately EUR 500 million.

Name

Chornobyl Nuclear Power Plant

Legal name

Державне спеціалізоване підприємство "Чорнобильська АЕС"

Website

https://chnpp.gov.ua

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

51–100 employees

Short description

Chornobyl Nuclear Power Plant is a Ukrainian State Specialized Enterprise that operates and decommissionsthe Chornobyl NPP site, managing the New Safe Confinement, spent fuel storage, and radioactive waste facilities under the Ministry of Energy and SAUEZM, funded by the state budget and international donor grants.

Ownership category

akta.pro rank

Product category

Nuclear Decommissioning Services

NAICS

Remediation Services (562910), Hazardous Waste Treatment and Disposal (562211), Remediation and Other Waste Management Services (5629)

SIC

Hazardous Waste Management (4955)

akta.pro primary industry

Decontamination & Dismantling (D&D) of Nuclear Facilities (EUAKAFAB)

akta.pro secondary industries

Facility Deactivation, Defueling Support & Transition to Decommissioning (EUAKAFAH), Nuclear Plant Decommissioning & Site Restoration (EUACADAJ), Nuclear Waste Management & Geological Disposal (EUACADAM), Interim storage facilities & operations (LLW/ILW/HLW storage, vaults, dry storage for waste forms) (EUAKAGAD), Performance assessment, safety case & long-term monitoring (modeling, PA/SR, instrumentation) (EUAKAGAJ)

Keywords

• Nuclear decommissioning services
• Radiation safety management
• Radioactive waste management
• Spent nuclear fuel storage
• Shelter object transformation

Headquarters

HQ city

Kyiv

HQ country

Ukraine

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Others

Revenue model

1. State Budget Funding: Primary funding from the Ukrainian state budget through the Ministry of Energy and the State Agency for Management of the Exclusion Zone. The Verkhovna Rada of Ukraine has passed amendments to bring employee salaries to the level of operating nuclear power stations.
2. International Chernobyl Cooperation Account (ICCA): Donor funding managed by EBRD supporting nuclear safety and decommissioning projects. Includes grant agreements for priority projects including restoration of safety and infrastructure. Total funding under Grant Agreements No. 5 and No. 6 amounts to EUR 35 million.
3. Norway Nansen Support Programme: NOK 100 million (approximately EUR 9.1 million) allocated by Norway through the Nansen Support Programme for restoration of the New Safe Confinement following damage from Russian drone strike in February 2025.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Chornobyl NPP is a state-owned nuclear facility operator that performs decommissioning of its four reactor units (Units 1-3 shut down by 2000; Unit 4 destroyed in 1986) and transforms the Shelter Object covering the destroyed Unit 4 into an environmentally safe system. The enterprise manages radioactive waste and spent nuclear fuel, maintains nuclear and radiation safety across the Chernobyl Exclusion Zone, and coordinates international technical assistance projects funded by EBRD, the EU, Norway, and the IAEA for ongoing decommissioning and restoration of the New Safe Confinement.

Product overview

Chornobyl Nuclear Power Plant (Chornobyl NPP) is a State Specialized Enterprise operating under Ukraine's Ministry of Energy and the State Agency for Exclusion Zone Management. The enterprise is not a commercial product company but rather a nuclear facility undergoing systematic decommissioning. Its core mission involves the safe decommissioning of four reactor units, transformation of the Shelter Object (covering Unit 4's destroyed reactor) into an environmentally safe system, and management of radioactive waste and spent nuclear fuel. The flagship engineering structure is the New Safe Confinement (NSC) - a massive steel arch completed in 2016 that covers Unit 4 and the Shelter Object. The enterprise also operates the Decommissioning Information Support System (DISE) for knowledge management. Activities are supported by international technical assistance projects funded through the International Chernobyl Cooperation Account (ICCA), administered by EBRD.

Differentiator

Problem solved

Functional benefit

Products and services

• Nuclear Reactor Decommissioning Services Comprehensive decommissioning of the four Chornobyl nuclear reactor units, including reactor shutdown, decontamination, and dismantling activities for state authorities and international partners supporting nuclear safety.
• Shelter Object Transformation

Quantifiable outcome

• NSC restoration works funded for years ahead through international donor support
• +1 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Ten partnerships are on record, tiered minor and core.

• National Scientific Center of Radiation Medicine, Hematology and Oncology of NAMS of Ukraine (NSCM)minorStrategic or Co-development Partner · 3 July 2026Partners with WHO in the network of medical readiness and response to radiation and nuclear emergencies (REMPAN).
• World Health Organization (WHO)minorStrategic or Co-development Partner · 1 July 2026WHO Bureau in Ukraine and specialists from the National Scientific Center of Radiation Medicine, Hematology and Oncology (NSCM) visited ChNPP to strengthen radiation safety and medical preparedness.
• State Nuclear Regulatory Inspectorate of Ukraine (SNRIU)minorStrategic or Co-development Partner · 15 June 2026Ukrainian nuclear regulatory body participating in international workshops on NSC restoration and regulatory cooperation programmes.
• Norwegian Radiation and Nuclear Safety Authority (DSA)minorStrategic or Co-development Partner · 1 June 2026Norwegian regulatory body cooperating with Ukrainian nuclear safety authorities on damage assessment, regulatory framework development, and licensing of NSC restoration activities. Part of the Regulatory Cooperation Programme (RCP).
• International Atomic Energy Agency (IAEA)coreStrategic or Co-development Partner · 15 July 2024ChNPP experts participate in IAEA technical meetings and forums including the International Decommissioning Network (IDN). Topics include knowledge management systems for nuclear facilities decommissioning and best practices sharing.
• European Commission's Joint Research Centre (EC-JRC)minorStrategic or Co-development Partner · 12 July 2024Cooperates with IAEA in organizing the Technical Meeting regarding Simple Knowledge Management Systems for Nuclear Facilities Decommissioning.
• State Agency of Ukraine for Exclusion Zone Management (SAUEZM / ДАЗВ)coreOthersSAUEZM is the supervisory authority overseeing ChNPP operations and manages visitor access to the Exclusion Zone and ChNPP site.
• G7 Global Partnership Against the Spread of Weapons and Materials of Mass DestructionminorStrategic or Co-development PartnerChNPP participates in ISI (Information Sharing Initiative) Group meetings under the G7 Global Partnership, presenting current needs in nuclear and radiation safety and discussing ongoing projects.
• State Scientific and Technical Center for Nuclear and Radiation Safety (SSTC NRS)minorStrategic or Co-development PartnerUkrainian scientific center contributing to nuclear and radiation safety assessments and restoration planning.
• Institute for Safety Problems of Nuclear Power Plants of NAS of UkraineminorStrategic or Co-development PartnerResearch institution involved in supporting projects at the Chornobyl NPP site and restoration planning.

Scale indicators8 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Orano (formerly Areva): French nuclear cycle company offering decommissioning, waste management, and engineering services globally. Comparable as a peer organization executing nuclear D&D projects, radioactive waste logistics, and fuel-cycle services — though as a commercial operator rather than a state-owned site licensee.
• Japan Atomic Energy Agency (JAEA): State-backed Japanese nuclear R&D and decommissioning organization running multiple site cleanups including Fukushima-related facilities and research reactors. Comparable in role as a publicly funded nuclear-decommissioning operator engaged in technical cooperation with IAEA and Western donors.

Direct peers

• Magnox Ltd: Site License Company responsible for decommissioning 10 UK Magnox nuclear sites under contract to the Nuclear Decommissioning Authority. Closely comparable business model: government-funded, multi-decade horizon, multi-site (legacy fleet) cleanup with strong focus on radioactive waste and spent fuel management.
• Tokyo Electric Power Company (TEPCO) — Fukushima Daiichi Decommissioning: Operator of the Fukushima Daiichi Nuclear Power Station, the only other Tier-1 nuclear accident site being actively decommissioned. Comparable to Chornobyl NPP in managing destroyed-reactor containment, spent fuel removal, vast volumes of contaminated water and waste, and massive international-funded restoration programs.
• Sellafield Ltd: UK government-owned nuclear site operator running the largest and most complex nuclear decommissioning program in Europe, including legacy ponds, silos, and reprocessing facilities. Directly comparable to Chornobyl NPP in mission (cleanup of high-hazard nuclear legacy sites), funding model (state + nuclear Liabilities Fund), and technical scope.
• Savannah River Nuclear Solutions (Savannah River Site): US Department of Energy contractor-led operation of the Savannah River Site, encompassing legacy reactor D&D, spent fuel storage, and radioactive waste management. Comparable as a large-scale Cold War-era nuclear site undergoing active decommissioning with federal/donor-style funding and similar waste-management infrastructure.
• Idaho National Laboratory: US Department of Energy national laboratory managing legacy spent nuclear fuel, radioactive waste, and multiple deactivated reactor sites. Comparable as a federally operated nuclear site undertaking active D&D, spent fuel management, and long-term stewardship of contaminated facilities.
• Bohunice V1 Decommissioning (JAVYS, Slovakia): Slovak state-owned nuclear decommissioning operator closing out two VVER-440 reactor units at Bohunice, including spent fuel transfer and waste-management facility development. Comparable in funding model (EU-backed decommissioning fund via EBRD), project structure, and Eastern European regulatory context.
• Ignalina Nuclear Power Plant: Lithuanian state-owned operator decommissioning the only other commercially operating RBMK-1500 reactors in the world — the same reactor class destroyed at Chornobyl Unit 4. Strongest technical peer given shared RBMK-specific D&D challenges, fuel-handling infrastructure, and EU-supported decommissioning funding model.
• Atomic Energy of Canada Limited (AECL): Canadian federal Crown corporation managing decommissioning of legacy research reactors and nuclear facilities, including the Chalk River and Whiteshell Laboratories sites. Comparable as a state-owned nuclear-decommissioning entity handling legacy reactors, radioactive waste, and government-funded project portfolios.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/ChornobylNPP
• LinkedInlinkedin.com/company/chnpp

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Chornobyl Nuclear Power Plant