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AEA Technology Type Public LSE: AAT Founded 1996 Headquarters Harwell, Oxfordshire Website www.aeat.co.uk AEA Technology plc was formed in 1996 as the privatised offshoot of the United Kingdom Atomic Energy Authority. It is a constituent of the FTSE Fledgling Index. Originally it consisted of divisions with expertise in a wide variety of areas, mostly the products of nuclear-related research. These included nuclear safety, nuclear engineering, environmental protection, battery technology and non-destructive testing. It mainly acted as a contractor organisation for UKAEA and other governmental and private customers. AEA Technology is now focusing on its Energy & Environment business. The company has divested all of the nuclear-related elements of the business and other non-core businesses such as its Rail business (now called DeltaRail Group Ltd) through two portfolio sales to secondary private equity investment firms in September 2005 and in September 2006 respectively.[1]In addition to environmental consultancy the company also works in the Knowledge Transfer [2] and Programme Management areas. The business is organised around a mesh style "communities" structure which includes Knowledge Leadership (key technical consultant), Project Management, IT [3], Marketing and Sales. The company's main UK operations are located at the Harwell Science and Innovation Campus in Oxfordshire (head office), London, Risley and Glengarnock (Scotland). In August 2006 AEA established a Romania Subisdary in Bucharest (AEA Mediu). [4] AEA Technology were voted best Consultancy for Climate Change and Renewables in the EDIE Awards 2007. [5] AEA Technology's Chief Executive Officer is Andrew McCree and he has been in post since 2004. Andrew McCree was born in 1957 and has a HNC in Business Studies. He joined AEA in 1990 as Head of Press and Public Affairs at Dounreay Nuclear Power Station. He previously worked for BP as a Press & Information Officer after joining as a Graduate Trainee in 1977. His only previous career was as an officer in the Army for three years under Special Regular Commission (Special Regular Commission or SRC's are awarded to those seeking Regular Army Commission (Reg. C.) for whom there are no immediate vacancies and denotes he was an officer for three years in the regular army. AEA Technology has made a number of redundancies throughout 2010. Andrew McCree was quoted as saying the company, "[took] 10 per cent off the UK cost base in the year, involving 60 redundancies".[6] AEA has also seen a continuing slump in its share price. Shares have lost up to one third of their value and were even temporary suspended on the stock exchange.[7] Contents 1 Some Notable Recent Projects 2 Radiation incident 3 External links 4 References // Some Notable Recent Projects Envirowise Knowledge Transfer Partnerships London Green500 - AEA are the lead contractor on the Mayor of Londons Carbon Reduction scheme for big businesses in London [8] ecopath - A flexible 3 year full outsource programme of all environmental issues. [9] Radiation incident AEA Technology was fined £250,000 for transporting a 2.5 tonne 60Co gamma radiation source from Cookridge Hospital, Leeds, UK, to Sellafield with defective shielding on the 11 March 2002.[10] External links AEA Technology website References ^ AEA Technology: asset sale ^ AEA Knowledge Transfer ^ AEA IT ^ AEA Mediu website ^ EDIE survey ^ AEA Technology redundancies ^ Share Suspension on Stoke Exchange ^ Green500 meet the team page ^ ecopath home page ^ The Times - Blunder left trail of lethal radiation