President Klaus Iohannis congratulated the announcement of US president Joe Biden, on Twitter, on Sunday evening, regarding the financing design studies of small modular reactors (SMR) in Romania, specifying that ensuring energy security represents a common objective of the Romanian-American strategic partnership.The US Government, along with the NuScale Power LLC (Tigard, Oregon) American company, will offer 14 million dollars for supporting design and engineering studies, in order for Romania to implement an SMR technology power plant, the first of this type, the White House announced on its website on Sunday.Based on the US Government's efforts, including the support from the Department of Trade and the technical assistance from the United States Trade and Development Agency (USDTA), this investment aims to mobilize a multi billion dollar effort and to highlight US ingenuity in the advanced nuclear sector, to accelerate the transition towards clean energy, to create thousands of jobs and to consolidate Europe's energy security, by observing at the same time the highest standards for safety, security and nuclear nonproliferation, the White House press release reads.
On Monday, December 23, Romanian police brought Nica Robert Florin back to the country. The man convicted of possession of high-risk drugs, bodily harm, and driving under the influence of alcohol, is listed among Romania’s Most Wanted category and was also wanted internationally. Romanian authorities revealed at the beginning of October that they had indications […]
An investigation by the famous British newspaper Financial Times revealed that the campaign of former Romanian presidential candidate Călin Georgescu was supported by a Russian network also used during the pandemic in France and Germany to instill fear of vaccines. The newspaper’s investigation began in continuation of those by Bulgarian and Romanian journalists at BG...
Bucharest’s District 3 City Hall will once again organize a special New Year’s Eve event in Titan Park, with a program of live concerts, multimedia shows, and even a simulation of the Northern Lights. The event, set to begin at 8:00 PM on December 31, will focus on the theme of infinity. “If you missed […]
Traffic on Lot 1 of the A7 Ploiești-Buzău highway, stretching 21 kilometers in southern Romania, was officially opened on Monday, December 23. With this opening, 102 kilometers of the total 320 kilometers of the highway are now usable. The Moldova Highway, as it has been called, is meant to connect Romania's economically underdeveloped eastern regions to […]
The Dutch technology investor Prosus NV, also the majority shareholder of Romania’s largest online retailer eMAG, is set to buy the online travel agency Despegar.com Corp, focused on Latin America, for approximately USD 1.7 billion. The purchase consideration will be funded from existing cash resources, the company said. Founded in Argentina in 1999, Despegar is one […]
The new Forestry Code, which passed the Parliament vote on December 17 and was signed into law by president Klaus Iohannis on December 20, includes provisions that protect all forests in Ilfov, the county surrounding Bucharest, making them the cornerstone of the future green belt around the capital city. Moreover, it legislates green belts nationwide, […]
