Constructions Industrielles de la Méditerranée (CNIM)

CNIM produces key components for the submarine launched nuclear missiles in the French arsenal.

Nuclear Weapons |  Investments (years compared) (2021) (2020) (2019)

Company Profile

CNIM is a French equipment manufacturer and industrial contractor. It supplies products and services to major public and private sector organizations, local authorities and national governments in the energy, military, and high technology markets.1 CNIM Systèmes Industriels (CSI) produces key components for the submarine launched nuclear missiles in the French arsenal.2 In the financial year ending 31 December 2020, CNIM reported revenues of € 632.9 million.3 At the moment of writing, 2021 results have not yet been published.

In September 2022, Groupe REEL completed its acquisition of CNIM Systèmes Industriels. 4 Groupe REEL is an industrial group specializing in complex lifting and handling equipments as well as integrated systems solutions.5 It has designed specific equipment for the assembly and loading of missiles for strategic nuclear submarines.6

Stock exchange listing

Euronext Paris: ISIN FR0000053399

Contact information

Head Office and General Management                                                                                                    Le Viking, 67, rue Anatole France                                                                                                            92300 Levallois-Perret                                                                                                                          Tel: +33(0)1 44 31 11 00
E-mail: contact@cnim.com

Website : https://cnim.com/en/group
LinkedIn : https://fr.linkedin.com/company/cnim
Twitter: https://twitter.com/cnim_group
YouTube: https://www.youtube.com/GroupeCNIM

Nuclear Weapons

CNIM states that it is “a major player in French deterrence programs since 1961”.7 CNIM Systèmes Industriels (CSI) is the sole supplier of missile launch systems for nuclear submarines and does the M51 missile integration.8

Testing nuclear weapons

In 1996 France ended full scale explosive nuclear testing and instead launched the Laser Mégajoule project (LMJ) “to extend the life of its nuclear deterrent by simulating explosions of nuclear weapons”.9 The nuclear test simulations are managed by CEA/DAM (Military Applications Directorate of France’s Atomic and Alternative Energy Authority).10 CNIM states that it has been involved since 1999 with the manufacture of high-precision mechanical and optical devices for the LMJ.11 The Laser Mégajoule is designed to “validate theoretical models of nuclear weapon detonations, and therefore plays an important role in France’s nuclear simulation program”.12

Investments

Investments compared

Click on the institution to see if and how they've invested in the past. Red indicates a new investor in 2021. Green indicates investors that ended their involvement by 2021.

2022 Investments

2022

[table id=45 /]
2021 Investments

2021

7 Financial institutions made $148.5 million available to CNIM in the research period January 2019- January 2021.

All forms of financing meeting the definition of substantive financial relationships are included in the report. This comprises financial institutions participating in loans and underwriting deals since 1 January 2019, as well as those involved in loans which have been closed before that date but have not yet matured before 1 October 2020. For (managing) investments in shares or bonds of arms companies, a group-level threshold of at least 0.5% of the outstanding shares or bonds at most recent filing dates is applied per financial institution.

2020 Investments

2020

11 Financial institutions made $189.36 million available in the research period January 2018-2020.

This comprises financial institutions participating in loans and underwriting deals since 1 January 2018, as well as those involved in loans which have been closed before that date but have not yet matured before 1 October 2019. For (managing) investments in shares or bonds of arms companies, a group-level threshold of at least 0.5% of the outstanding shares or bonds at most recent filing dates is applied per financial institution.

2019 Investments

2019

11 Financial institutions made $189.4 million available in the research period January 2017-2019.

This comprises financial institutions participating in loans and underwriting deals since 1 January 2017, as well as those involved in loans which have been closed before that date but have not yet matured before 1 October 2018. For (managing) investments in shares or bonds of arms companies, a group-level threshold of at least 0.5% of the outstanding shares or bonds at most recent filing dates is applied per financial institution.

Last updated: 2023-07-06 14:40:49

Notes

 

  1. About us (2016) | CNIM. Available at: https://cnim.com/en/group/about-us.
  2. Defense and Security (2022) | CNIM Systèmes Industriels. Available at: Defense & Security | CNIM (cnim-systemes-industriels.com).
  3. ‘CNIM Groupe Universal Registration Document 2020’, CNIM (2021). Available at: https://cnim.com/sites/default/files/media/Finance/CNIM-DEU2020-EN.pdf.
  4. Groupe REEL takes over CNIM Systèmes Industriels, Groupe Reel, 28 September 2022. Available at: https://cnim.com/sites/default/files/media/Actualit%C3%A9s/Communiqu%C3%A9%20de%20presse%20CNIM%20EN.pdf.
  5. About (2021) | REEL. Available at: https://www.reelinternational.com/en/about/.
  6. Defense (2021) | REEL. Available at: https://www.reelinternational.com/en/industries/defense-2/.
  7. Defense and Security (2022) | CNIM Systèmes Industriels. Available at: Defense & Security | CNIM (cnim-systemes-industriels.com).
  8. ‘Budget Général. Programme 146. Projets Annuels de Performances. Annexe au Projet de Loi de Finances pour 2023: Équipement Des Forces’ (2023), RÉPUBLIQUE FRANÇAISE, p. 28. Available at: https://www.budget.gouv.fr/index.php/documentation/documents-budgetaires/exercice-2023/projet-de-loi-de-finances/budget-general/defense.
  9. The Laser Megajoule: power and precision for French Deterrence (2022) | CNIM Systèmes Industriels. Available at:EB-business case-LMJ-contenu-réalisation (dissuasion)-EN | CNIM SI (cnim-systemes-industriels.com) (Accessed: 29 Novemberr 2022); Defense and Security (2022) | CNIM Systèmes Industriels. Available at: Defense & Security | CNIM (cnim-systemes-industriels.com).
  10. Laser Mégajoule - Experiences (2022) | CEA. Available at: http://www-lmj.cea.fr/lmj-applications-defense.html .
  11. The Laser Megajoule: power and precision for French Deterrence (no date) CNIM. Available at: https://cnim.com/en/laser-megajoule-power-and-precision-french-deterrence (Accessed: 29 September 2022).
  12. Hans M. Kristensen and Matt Korda (2019) ‘French nuclear forces, 2019’, Bulletin of the Atomic Scientists, 75(1), pp. 51–55, p. 54. doi:10.1080/00963402.2019.1556003.