The Company constantly improves its business-model for the purpose of its Strategy (see Section 2. Strategy). The main element of the Company’s business-model (see Fig. 4.1) is the value chain.
The specified value chain in the engineering business on NPP construction is a component of the value chain in the nuclear industry (see Fig. 4.2).

The costs of capital transform along the value chain, either increasing or decreasing. Transformation of five capitals takes place in the Integrated Company’s business model. The changes thereof are described in the corresponding chapters of the Report:

1. Financial capital – see Chapter 7.1;
2. Production capital – see Chapter 7.2;
3. Human capital – see Chapter 7.3;
4. Natural capital – see Chapter 7.4;
5. Social and economic capital – see Chapter 7.5.

Fig. 4.1. NIAEP-ASE Integrated Company’s Business Model

Effective management of the specified capital is performed on the basis of a management system (see Section 5. Management System). The general target view of the described business model is the development of NIAEP-ASE Integrated Company in the capacity of a successful EPC-contractor.

Fig. 4.2. Nuclear Industry Value Chain