Romania's only nuclear energy producer, the National Company Nuclearelectrica SA (SNN), is the first Romanian company to join the World Economic Forum, SNN announced today in a statement to the Bucharest Stock Exchange.SNN will be a WEF member in two strategic areas, specifically the Platform for Shaping the Future of Energy, Materials and Infrastructure, and the Partnering Against Corruption Initiative, which support the company's strategic vision of building a sustainable future for tomorrow's generation, providing clean energy at the highest standards of excellence."We greatly appreciate the partnership with the World Economic Forum and look forward to a beneficial and fruitful cooperation. SNN aims to develop its integrated core expertise, to become an active part in capturing and generating development initiatives with a significant economic, social and organisational impact, in order to assess new opportunities for cooperation, expansion and development. Having in view our major investment projects, we are also looking for resilience and stronger economic and financial know-how. As both the World Economic Forum and SNN are interested in promoting carbon emission reduction programs, we are committed to capitalizing on the innovation trend and clean energy solutions," said Nuclearelectrica CEO Cosmin Ghita.25 years after the commissioning of Romania's first nuclear reactor, Nuclearelectrica covers approximately 20 percent of the domestic consumption demand and 33 percent of the country's clean energy output. Nuclearelectrica supplied over 200 million MWh into the national grid at a capacity factor of over 90%, preventing the release into the atmosphere of over 170 million tons of CO2, the cited release states.SN Nuclearelectrica SA is under the coordination of the Energy Ministry. As of 2013, the company is listed on the Bucharest Stock Exchange, having the Romanian state as main shareholder with 82.49 percent of the stake, while other shareholders control 17.50 percent thereof. SNN has two branches: the Cernavoda nuclear power plant, which operates Units 1 and 2, and the Pitesti Nuclear Fuel Plant.
M Core continues to expand its Romanian portfolio with a new retail development in Bucharest. This time, the project is targeting one of the city’s most dynamic residential areas — Prelungirea Ghencea. The project, developed on a plot of approximately 51,400 sqm, will be located on Prelungirea Ghencea Street, no. 344–348, and is currently in […]
The FeminEast Association has launched the first free digital platform dedicated exclusively to financial education for women and young girls in Romania and Eastern Europe. Designed to address persistent gaps in financial literacy, the platform offers accessible, practical content tailored to the needs of schoolgirls, students, mothers, and women seeking financial independence or career changes. […]
The nights of August 11 to 12 and August 12 to 13 are the best for observing the Perseid meteor shower without any equipment, according to the “Admiral Vasile Urseanu” Astronomical Observatory. The peak will be on August 12, the source mentioned on social media. The best observation period is after midnight until morning. This […]
Flexible office space makes up only 2.3% of the total modern office stock in Bucharest, comparable to Dublin or Prague, but below the average seen in mature European markets, according to the “Flexpansion: The Architecture of Agility” report from real estate consultants at Colliers. Top markets by total flex supply include Tier 1 cities: London, […]
An analysis conducted by Complice.ro on 3,000 experiences shows that the emotional effect extends long after purchasing or receiving an experience as a gift. Complice maintains its performance at last year’s level, despite increased market caution. Complice.ro, a curator and provider of experiences for individuals and companies, announces that in the first seven months of […]
Products with simple ingredients, certified organic and free from additives are becoming increasingly present in the recurring shopping carts of Romanians who care about a balanced lifestyle. Niavis, one of the leading Romanian brands of natural products and superfoods, confirms this trend through consistent purchase patterns observed throughout the year. According to Niavis representatives, active […]
