Hitachi : Wales bids for Hitachi nuclear site- The Sunday Times
February 06, 2021 at 11:20 pm EST
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Feb 7 (Reuters) - The Welsh administration has approached
Japan's Hitachi Ltd about acquiring the Horizon nuclear
power project in Anglesey and its staff, The Sunday Times
reported https://bit.ly/2YViB5j.
The Labour-led government is understood to have approached
the Japanese industrial conglomerate to keep the project alive
in a caretaker role until a developer can be found, according to
the report.
The Welsh government did not immediately reply to a Reuters
request for comment outside of business hours, while a Hitachi
spokesman said he could not yet comment on the report.
In September last year, Hitachi said it was scrapping plans
to build a nuclear power plant in Britain, after its UK unit
Horizon Nuclear Power failed to find private investors or secure
sufficient government support for the stalled Wylfa project in
Anglesey, Wales.
(Reporting by Juby Babu in Bengaluru; Editing by William
Mallard)
Hitachi specializes in manufacturing and marketing of electronic and industrial equipments. Net sales (including intragroup) break down by family of products and services as follows:
- social infrastructure and industrial systems (24.7%): elevators, escalators, industrial facilities, railway systems, power generation units, etc. The group also provides engineering and construction of nuclear, hydroelectric, and thermal power plants services;
- information and telecommunications products and services (20.1%): systems integration, cloud computing, software, servers, hard disks, PCs, ATMs, data communication base stations, payment terminals, etc.;
- materials and components (16.6%): semi-conductor materials, printed circuit cards, cables, copper and forged steel products, magnetic materials, organic and inorganic chemical products, etc.;
- construction equipment (10%) : hydraulic excavators, wheel loaders, mining equipment, etc.;
- automotive systems (9.4%): powertrain systems, control systems, etc.;
- electronic products (9.2%): fiber-optic components, screen tubes, testing and measurement equipment, medical equipment, equipment for manufacturing semiconductors, etc.;
- household appliances (4.7%): heating and air conditioning equipments, refrigerators, washing machines, etc.;
- other (5.3%): mainly transport, financial and logistical services.
Net sales are distributed geographically as follows: Japan (49.2%), Asia (21.3%), North America (12.7%), Europe (10.8%) and other (6%).
HITACHI, LTD. 
