Nuclear power company SN Nuclearelectrica posted a Q1 net profit of RON 513.66 million, down 8.8% year-over year, shows the company's quarterly report for the period January 1 - March 31, 2025 submitted to the Bucharest Stock Exchange on Thursday.At group level, Nuclearelectrica reported a net profit of RON 522.67 million, also down 11.2%.The gross electricity production of the two operational units of the Cernavoda NPP in Q1 was 2.95 million MWh, and of this amount, the Units' own technological consumption during operation was 232,000 MWh.The electricity produced and delivered into the National Energy System was 2.72 million MWh, compared to 2.77 million MWh in the same period last year, down 1.7%.The revenues generated on the electricity market from electricity deliveries in Q1 2025 stood at RON 1.44 billion, 2% higher than the budgeted amount and, respectively 23.3% higher than the figure reported in Q1 2024.The total value of the SNN investment program for 2025 is RON 3.43 billion, with approximately 91% representing ongoing investments, while new investments, upgrade and refurbishment projects account for a combined of approximately 9% of the total.SNN's investment program for this year includes the necessary projects at the Cernavoda nuclear power plant, the Pitesti Nuclear Fuel Plant and the Head Office, as well as objectives to be completed in the coming years, including the allocation of loans and capital contributions for the subsidiaries EnergoNuclear, RoPower Nuclear and the Feldioara Uranium Concentrate Processing Plant.Nuclearelectrica is a national electricity, heat and nuclear fuel corporation in Romania operating under the authority of the Ministry of Energy, with the Romanian government holding 82.49% of the shares, and the other shareholders 17.50%, after the company's listing on the stock exchange in 2013.The Cernavoda National Power Plant branch operates two CANDU nuclear units, counting among the most efficient units of the more than 400 nuclear power plants in the world.
Romania’s "Regele Ferdinand" (King Ferdinand) frigate is currently on rescue mission in the Mediterranean Sea, looking into the disappearance of a military master technician part of its crew. Master Sergeant Class II Viorel Culea, 46, an electromechanical specialist, was last seen on board the ship on the morning of June 1, around 04:30. The Romanian […]
The Dutch government expects to reimburse Romania for the golden helmet of Coțofenești and the three gold bracelets stolen from the Drents Museum in Assen in January of this year. The value of the reimbursement stands at around EUR 5.7 million, and the reimbursement was confirmed by the Dutch Ministry of Education, Culture and Science for […]
The fifth edition of the Jazz Cave Festival will take place in Vâlcea County, southern Romania, between August 14 and 17, bringing over 22 bands from Europe, Africa, and South America to perform on four stages. This year, the event will be held in three concept-zones. The underground stages INNERLAND and KIDS CORNER, the latter […]
Local authorities in Târgovişte, southern Romania, inaugurated the restored building of the former Cavalry School at the end of last week. The building is also where the trial and execution of the former communist leader Nicoale Ceaușescu and his wife took place in December 1989. Built between 1907–1910 in Neo-Romanian style, the former Cavalry School […]
A new national poll conducted by INSCOP Research between May 26–30 shows newly elected president Nicușor Dan leading the trust rankings among Romanian political figures, followed by former interim president Ilie Bolojan and far-right leader George Simion (AUR). According to the survey, 47% of respondents...
Dorin Bob, a Romanian entrepreneur from Transylvania with ventures in agriculture and real estate, has secured EUR 4.6 million in European funding to expand and modernize one of Romania’s largest hazelnut plantations. The funds will support the development of new hazelnut orchards in Satu Mare county, the conversion of an existing orchard, the installation of […]
