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Imtech sees profit in German nuclear shutdown

Tue, 08/02/2011 - 1:37am
Reuters

AMSTERDAM (Reuters) - Dutch engineering group Imtech sees opportunities in the decommissioning of nuclear power plants in Germany, where it made over a third of its earnings in the first half of 2011.

Germany shut down seven nuclear power plants after Japan's Fukushima nuclear disaster and decided to phase out nuclear power completely by 2022, overturning legislation that had originally extended the lifespan of 17 nuclear power plants and creating a need for new non-nuclear capacity .

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