Nuclearelectrica

Romanian Nuclear Company Insists US Reactors are Safe

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.

Nuclearelectrica registers rise in net profit by 12.3%, to 385.4 million RON, in H1

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).

U.S. Acting Assistant Secretary for Nuclear Energy Huff tours Cernavoda n-power plant

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.

Nuclearelectrica seeking agreement with Romanian state on financing, support for construction of Cernavoda NPP Units 3 & 4

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

Nuclearelectrica posts 27.8 pct higher profit in 2020

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.

Developing local investor community, top priority for Bucharest Stock Exchange

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.

Romania Cancels Deal With China to Build Nuclear Reactors

The Romanian government on Tuesday asked the state company Nuclearelectrica, which runs the nuclear power plant in Cernavoda, to terminate negotiations with its Chinese partner China General Nuclear Power Corporation, GCNPC, on the construction of nuclear reactors 3 and 4 at Cernavoda. 

IAEA reviews recent developments in Unit 1 of Cernavoda n-power plant refurbishment

An International Atomic Energy Agency (IAEA) team of experts has completed a review of long term operational safety at the Cernavoda Nuclear Power Plant (NPP) in Romania. The Pre-SALTO (Safety Aspects of Long Term Operation) review mission was requested by the plant's operator, Societatea Nationala Nuclearelectrica SA.

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