Nuclearelectrica

The Romanian state-owned electricity company, Nuclearelectrica, thas said that small modular reactors, SMRs, coming from the US, pose no danger to the country or its environment.

SMRs are advanced nuclear reactors that produce clean energy and have a much smaller installed capacity than a large reactor, it said.

Gas Games

Serbian president Aleksandar Vucic (left) during meeting with Russian president Vladimir Putin (right) at the Kremlin, in Moscow, Russia, June 2020. Photo: EPA-EFE/ALEXEI NIKOLSKY/SPUTNIK /KREMLIN POOL MANDATORY CREDIT

The National Company Nuclearelectrica (SNN) registered, during the first half of this year, a net profit of 385.393 million RON, rising by 12.3%, in comparison with the similar period of 2020, according to the company's financial results, published on the Bucharest Stock Exchange (BVB).

Romania's nuclear industry currently provides 11,000 jobs, and this number could increase to 20,000 as a result of the new nuclear construction projects planned, the Romanian Atomic Forum (ROMATOM) said in a statement today.

Romania strengthens nuclear cooperation with Canada after Energy Minister and Canadian Ambassador to Romania signed the Memorandum of Understanding between Romania's Ministry of Energy and Canada's Department of Natural Resources on consolidating Civilian Nuclear Cooperation, reads a press release of the ministry.

On July 30, 2021, Acting Assistant Secretary for Nuclear Energy at the U.S. Department of Energy, Dr. Kathryn Huff, and Charge d'affaires David Muniz visited the Cernavoda Nuclear Power Plant. According to a press statement released by the U.S.

Cernavoda nuclear power plant operator Nuclearelectrica (SNN) will make the decision to invest in the construction of NPP Units 3 and 4 provided that it concludes an agreement with the Romanian state establishing the financing method and support mechanisms for this project, states the 'Strategy for the continuation of the Units 3 and 4 project", a document that will be discussed in the General

Energy producer Nuclearelectrica, the operator of the Cernavoda nuclear power plant, closed last year with a net profit of 684.7 million lei, by 27.8 percent higher compared to 2019, according to a company statement issued on Thursday. The company's energy output was 10,558 GWh, up 2 percent from the year before.

The visit of Eximbank USA President Kimberly Reed to the Cernavoda nuclear power plant on Tuesday will materialize in project implementation options for reactors 3 and 4, which Nuclearelectrica will submit to its shareholders' approval as soon as possible, Cosmin Ghita, CEO of the energy producer, told a press conference on the plant's platform.

Developing local investor community so as to have a much higher participation of the Romanian population in the capital market is the top priority for the Bucharest Stock Exchange (BVB), CEO Adrian Tanase affirmed. "It is very important to have a dialogue with companies and familiarize them with the mechanisms of the capital market so that entrepreneurs fully understand its advantages.