Nuclear power: plant decommissioning exceeds 47 per cent. Sogin set for a Board of Directors reshuffle
A net profit of 2.6 million in 2025, tenders worth around one billion over the three-year period and 102 new hires planned. On 25 September, after five postponements, the shareholders’ meeting on the company’s senior management
Key points
Three consecutive years of profit, the decommissioning programme now almost halfway through, and a shareholders’ meeting postponed five times. Sogin, the state-owned company responsible for the decommissioning of Italy’s nuclear power stations and the management of radioactive waste, is thus heading into the meeting on 25 September, when shareholders will ‘vote’ on the leadership for the next three years.
Net profit
On the eve of the announcement, the company released a report covering the three-year period under the leadership of Chief Executive Gian Luca Artizzu. In 2025, consolidated net profit stood at 2.566 million euros, against an EBITDA of 26.74 million. This journey began in 2023, the statement explains, amidst ‘significant economic, organisational and regulatory challenges’.
Decommissioning
From an operational perspective, as at 31 December 2025, the overall progress of the decommissioning programme stood at 47.7 per cent, calculated on the basis of all activities: securing the facilities, fuel management, dismantling, and the treatment and temporary storage of waste.
Over the three-year period, tenders worth approximately one billion euros were issued. For 2026, the company reports an increase in the number of tenders compared with the historical average – without specifying figures – and progress on complex construction projects, including work on the plants’ vessels.
As regards staff, the plan provides for 102 new recruits, 65 of whom have already been taken on at the sites. The number of training hours has risen from around 16,000 in 2022 to nearly 23,000 in 2025, an increase of over 40 per cent.
