Word: built
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Dates: during 2000-2009
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...National Museum, tel: (963-11) 222 8566, and feast your eyes on 4,000-year-old Phoenician glass, 2,000-year-old textiles, 2nd century frescoes and a tiny stone tablet with the world's oldest alphabet. Next door there's the Tekkiye Suleymaniye Complex, built in 1553 as a gathering point for pilgrims preparing for their annual hajj to Mecca. These days, in alleys off the charming gardens and courtyards, you can buy leatherwork and jewelry. After shopping, cross the road to the Four Seasons Hotel, tel: (963-11) 339 1000, where the Al Halabi restaurant serves the best...
...capital and weather the loss of an important industrial partner. All that has raised concerns that CEO Anne Lauvergeon - who fused a disparate collection of firms into the first one-stop-shop nuclear conglomerate, winning plaudits and the nickname "Atomic Anne" along the way - has dangerously overreached. "Areva had built a big lead and a lot of momentum coming into this nuclear renaissance, but the various problems it has encountered, and advances by its competitors, are eating that away," says Alex Barnett, equities analyst in Paris for investment bank and brokerage Jefferies. "No one ever thought Areva was going...
...Areva's rise was built on that national commitment, but the company has also benefited from the ambitions of Lauvergeon, who, as a member of France's civil-service élite, first gained public attention as Socialist President François Mitterrand's sherpa during the 1980s. After taking control of the key state-owned nuclear companies, she merged them to create Areva eight years ago. Her early success in convincing foreign clients that nuclear was the power source of the future earned her a remarkable degree of independence from political meddling. "If you look at what she's done...
...increase equivalent to France's current total output. China is already adding 14 reactors to the 11 it operates, including three third-generation installations supplied by Areva and Westinghouse. And it won't stop there: Beijing has signed on for an additional 35 plants to be built over the next decade, and is studying a further 80. (See pictures of China's wild side...
...crucial to establishing the firm as the leader in advanced nuclear technology. "A nuclear installation is unique, because you can't simulate it on a computer or assemble and operate a prototype in a hangar," Saulnier says. "You only see how it works once you've built it and proved it's what you'd said it would be. "That's why winning the Finnish contract and building the world's first third-generation reactor is so important...