Korea Hydro & Nuclear Power (KHNP), a South Korean state-controlled company, announced on Monday that it had signed an agreement with Canadian group Candu Energy to speed up preparations to submit a bid in the tender to be held to upgrade the reactor 1 from Cernavoda, Yonhap agency informs. KHNP stated that it signed an engineering services contract with Candu, in accordance with their objective to participate in the modernization of reactor 1 of the Cernavoda nuclear power plant (Romania). The project aims to replace some key components and build the necessary infrastructure that will allow reactor 1 from Cernavoda to operate for another 30 years. According to the partnership with Candu, KHNP will develop a plan for the construction of the infrastructure. “Through this project, we expect to strengthen cooperation between South Korea and Romania in the field of nuclear energy,” said KHNP general manager Whang Joo-ho, who added that the company will focus its efforts on winning the contract that will be auctioned this year. For the same project, last year KHNP signed a tripartite consortium agreement with the Canadian group Candu Energy and the Italian Ansaldo Nucleare S.p.A. Unit 1 of the Cernavoda Nuclear Power Plant (CNE), with an installed capacity of 700 MW, was put into operation in 1996 and has delivered, until now, 133 million MWh, representing 9% of national consumption, over a period of 26 years. Unit 1 also prevented the release of 130 million tons of CO2 into the atmosphere.
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The local Google team now counts more than 400 people, having grown from a small staff of a few employees in November 2010, when the US company opened an office in Bucharest. The Bucharest technology hub is currently Google’s largest wearables development center in the EMEA (Europe, Middle East, and Africa) region, and the solutions […]
On Thursday, October 30, 2025, over 150 board members, executives, and thought leaders gathered at the InterContinental Athénée Palace Bucharest for the Future of Boards Awards Gala 2025, organized by Envisia, the first business school in Central and Eastern Europe dedicated to the professionalization of board members and governance leaders. The event recognized responsible leadership […]
STIRIXIS Group’s projects were awarded as the best in their category in Greece and were shortlisted for the European Awards of the International Property Awards 2025, to be presented in January. STIRIXIS Group, the Greek strategic design company with an international presence in 29 countries and more than 850 projects worldwide, was honored in London […]
Romanian studio Amber collaborated with Amazon Game Studios and Death Row Games on the development of Courtroom Chaos: Starring Snoop Dogg, an AI-animated video game in which the rap artist appears in the role of a judge, Startupcafe.ro reported. In the game, up to six participants can play using only mobile phones, which connect to […]
Germany will provide more than EUR 500,000 this year to support teachers working in German-language education across Romania, the German Embassy in Bucharest announced. Through the Embassy, Germany is funding the project “Support for Teachers in German-Language Education in Romania” with a total of EUR 505,000. The initiative aims to promote the German language as […]
