March 19, 2013: Plant for the production of nuclear fuel in Ukraine has formed authorized capital. This was announced by the Minister of Energy and Coal Industry of Edward Stavitskiy at a press conference. "Date first funds already compiled the authorized capital of the structure," — he said. Concern "Nuclear Fuel" bought an additional issue of private joint-stock company "Factory to produce nuclear fuel" by $ 10 million as the share of Ukrainian.
"We are going according to plan and we expect that by the deadline of planned introduction — it’s somewhere around 2015. — For these works will be funding in the amount of 672 million USD (84.1 million dollars)," — said the Minister . According to him, the introduction of the plant will create new jobs. "Also, we will allocate funds for the social aspects of the construction of the plant. There are at least 225 million USD (28.2 million dollars), which will focus on the development of infrastructure of the city, where the plant will be built,"
— E.Stavitsky added.
There is an ongoing preparatory work for the development of project documentation for the construction of a plant for the production of nuclear fuel. The next meeting on this issue with the Russian party was held at the end of February. The meeting discussed issues of harmonization of basic technical solutions for the project, as well as the question of the organization of design.
October 3, 2012: The Parliament of Ukraine at its meeting approved the general government bill that authorized to be appropriated from the state budget of 80 million hryvnia ($ 10 million) for the purchase of state concern "Nuclear Fuel" of additional shares of the joint Ukrainian-Russian enterprise "Plant for the production of nuclear fuel."
The relevant bill has supported 261 MP at the required minimum of 226 votes.
In December 2011, the state concern "Nuclear Fuel" and "TVEL" registered a joint venture of JSC "Plant for the production of nuclear fuel," in which 50% + 1 share owned by the Ukrainian side.
August 18, 2011: The Commission on the choice of site for the venture to produce nuclear fuel for VVER-1000 at the final meeting, on 18 August, recommended to place the object in the village Smolino (Maloviskovsky district of Kirovograd region.).
October 27, 2010: State Concern "Nuclear Fuel" and the Russian "TVEL" October 27, 2010 signed an agreement to establish a joint venture for the construction of a plant for the production of nuclear fuel. The cost of the project — about U.S. $ 462.5 million, including $ 139 million — are costs associated with the acquisition of nuclear fuel production technology. The first phase of the plant is planned to start in 2015. and bring it to full capacity in 2020. The plant builds the Ukrainian-Russian enterprise "Plant for the production of nuclear fuel," in which the Ukrainian concern "Nuclear Fuel" owns 50% plus one share, and the "TVEL" — 50% minus 1 share.