Candu Energy, a member of the SNC-Lavalin Group (TSX:SNC), has won a 12-month, USD 8.4 mln contract from Romanian firm, EnergoNuclear, to provide engineering services during the preparatory stage of a precursor project to complete the two CANDU-type units 3&4 at Cernavoda nuclear plant in Romania, according to an announcement at the Bucharest Stock Exchange. The signing of the contract was confirmed by Nuclearelectrica, which is one of the shareholders of EnergoNuclear - the project company set up in 2009 to build and operate units 3&4 at the Cernavoda nuclear plant. Nuclearelectrica also owns units 1&2 of the power plant. This contract follows the signing of an intergovernmental agreement (IGA) between Romania and the United States in 2020, as well as a Memorandum of Understanding (MoU) in August 2021 between Romania and Canada to strengthen and further develop the cooperation in nuclear energy civil projects and builds on the 55-year relationship between the two countries in developing nuclear projects. "I am glad, and I salute the signing the first contract which advances the development of CANDU Units 3&4 Project in Cernavoda. The partnership with USA and Canada will allow our country to achieve decarbonization targets which we assume. This is an important step, and I am very optimistic that in future, we will be an energy-independent country", Romanian minister of Energy Virgil Popescu stated. "The potential to develop two new nuclear reactors demonstrates that the Romanian Government, along with several other of our public sector clients around the world, recognize that safe, reliable, affordable, low-carbon nuclear energy is how we will combat and ultimately, win the battle against climate change," said Ian L. Edwards, President and CEO of SNC-Lavalin.
The countdown is on until the start of the largest local fest, Transilvania International Film Festival on 13 June. Or, as everyone calls it: TIFF. To pass the time and (or) have an alternative, do not miss some of the most entertaining stories of all time courtesy of suspense master Alfred Hitchcock. And check out […]
Roughly 45.7% of Romanians believe the country’s May presidential elections were rather unfairly organized, while 50.4% believe they were fair, according to a survey by INSCOP Research. Romania's previous presidential elections, which saw centrist Bucharest mayor Nicusor Dan emerge victorious, saw extreme polarization. Immediately after...
CARFIL Brasov, central Romania, is set to begin production of three types of Romanian military UAVs this year, news agency Agerpres reported. The drones, named Cuda, Sirin, and a marine drone, were unveiled at the Southeast Europe Special Operations Forces Forum 2025 (SEESOF) in Targu Mures, the first international expo-forum dedicated to the special operations forces. ...
The National Meteorological Administration of Romania, or ANM, aims to become a European regional hub for professional training in the field of climate change, according to director general Elena Mateescu. The official noted during “The Future of Agriculture” forum held on Thursday, June 5, that the ANM has already completed the European Agrometeorology Center, which […]
Romania’s Interior Ministry (MAI) and Defense Ministry (MApN) have warned of ongoing disinformation campaigns on social media aimed at manipulating public opinion. The latest wave of false claims includes reports about the imposition of martial law and border closures, seeking to heighten public anxiety over the risk of war. Romanians, whether abroad or within the […]
The International Monetary Fund (IMF) issued new recommendations to Romania, among which is an increase in VAT, but also excise duties, dividend taxes, and the introduction of two income tax rates of 15% and 25%. At the same time, it recommends the reduction or elimination of the health insurance contribution, as well as a change in […]
