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National Interests: Priorities and Security
 

The performance of the State Atomic Energy Corporation ROSATOM during the COVID-19 pandemic

Vol. 17, Iss. 11, NOVEMBER 2021

Received: 5 July 2021

Received in revised form: 20 July 2021

Accepted: 5 August 2021

Available online: 15 November 2021

Subject Heading: SUSTAINABLE DEVELOPMENT OF ECONOMY

JEL Classification: О14, О31

Pages: 2133–2151

https://doi.org/10.24891/ni.17.11.2133

Ekaterina V. AKINFEEVA Central Economics and Mathematics Institute, RAS (CEMI RAS), Moscow, Russian Federation
tyusha08@gmail.com

https://orcid.org/0000-0003-0657-9052

Mariya A. NIKONOVA Central Economics and Mathematics Institute, RAS (CEMI RAS), Moscow, Russian Federation
flowerchek1982@mail.ru

https://orcid.org/0000-0003-4365-4066

Subject. The paper describes the impact of the COVID-19 pandemic on the global atomic energy and the Russian one, in particular, illustrating the case of the State Atomic Energy Corporation ROSATOM.
Objectives. We evaluate the consequences the pandemic caused for the atomic energy and, inter alia, ROSATOM.
Methods. The study draws upon the analysis of literature and statistical data. Data were taken from the official website of ROSATOM and other open sources.
Results. The COVID-19 pandemic was found to have both a positive and negative effect on various sectors and the atomic energy, specifically. We pointed out key development lines of ROSATOM, which relate to the core activity and new business activities for the State Corporation it has undertaken partially trying to deal with the pandemic crisis. The article briefly informs of the sectors, which were more or less hit by the pandemic, i.e. manufacturing, finance, aviation, construction, tourism, agriculture, pharmaceutics, and electronics. We also delve into new type of ROSATOM’s activities.
Conclusions and Relevance. As the study shows, the COVID-19 pandemic affected atomic energy to a lesser extent and unexpectedly urged the development of new business types related to nuclear medicine.

Keywords: COVID-19 pandemic, State corporation, Rosatom, new business types

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