ETC was formed in October 2003 as the result of a reorganisation of the URENCO group. Although a new company at the time, ETC was quickly recognized as a world leader in enrichment technology. In 2006, ETC became a joint venture between URENCO and Areva (today Orano), and continues to operate as an independent company.
URENCO has a 30% share in the worldwide enrichment market. URENCO also produces stable isotopes for medical applications.
The Orano Group is based in France. Orano is the market leader in the field of nuclear energy and is involved in all steps of the nuclear cycle: from raw mineral all the way to the power socket in the home.