National Corporation Nuclearelectrica S.A. and nuclear and isotope technology company Laurentis Energy Partners - a commercial subsidiary of Canada's Ontario Power Generation, signed on Thursday in Paris a memorandum for the production of medical isotopes at the Cernavoda Nuclear Power Plant and for exploring the development of heavy water production in Romania, the Energy Ministry informs."It is a significant step to help improve the health of millions of people and demonstrate the multiple benefits of nuclear power plants, which generate clean energy, contribute to energy stability, decarbonization and economic growth, and support cancer treatment. Equally important is the project to resume heavy water production in Romania, an initiative begun during the term of former minister Virgil Popescu. The global demand for heavy water experiences a spectacular increase, and Romania can be a strategic player," said Energy Minister Sebastian Burduja, according to the cited statement.This step comes shortly after the announcement about the Government of Canada providing funding to support the construction of Cernavoda reactors 3 and 4.The memorandum was concluded against the backdrop of the over 55-year Romania - Canada partnership in the field of nuclear energy and of the announcement made by Canadian Minister of Energy and Natural Resources Jonathan Wilkinson about a 3 billion Canadian dollar deal to support the development of Cernavoda Units 3 and 4, which strengthens energy security and furthers the production of clean energy.The agreement was formalized on Thursday, with OPG president and CEO Ken Hartwick, and Nuclearelectrica CEO Cosmin Ghita signing a Memorandum of Understanding, in the presence of the Romanian Energy Minister Sebastian Burduja. The signing took place on the sidelines of the Roadmap To New Nuclear conference organized in Paris by the Nuclear Energy Agency, which sees the participation of over 21 international ministers and hundreds of industry professionals.
The magic of Disney returns to Bucharest as Aladdin – Live to Film Concert takes the stage at Sala Palatului on October 10. Romanian audiences are invited to relive one of Disney’s most beloved animated classics in a special musical and cinematic experience. The original 1992 Aladdin film will be projected in full on a […]
The UNESCO Global Geopark Ținutul Buzăului in Romania has inaugurated a new interactive visitor center in the village of Bozioru, offering a modern and immersive experience into the region’s unique geological and cultural past. Named Povestea Trovanților/The Trovants’ Story, the center tells the secrets of the mysterious stone formations known as trovants and the prehistoric […]
Pluxee, a global player in employee benefits and engagement, announced the signing of an agreement to acquire MyBenefits, a fast-growing Romanian company that has developed innovative technology to provide a flexible offering of employee benefits. The transaction builds on a partnership between the two companies. The deal is subject to approval by the Romanian regulatory […]
OMV Petrom, the largest integrated energy company in Southeastern Europe, announced Thursday, July 3, the discovery of a new natural gas reservoir in Spineni, a locality situated about 70 kilometers northeast of Craiova, southwestern Romania. The find was confirmed following the drilling of the 1 Spineni exploration well to a depth of approximately...
Romanian president Nicușor Dan, along with prime minister Ilie Bolojan and other officials, participated at a reception on Wednesday, July 2, to mark the US Independence Day. During the reception, they underlined the importance of the relationship between Romania and the US. The Romanian president noted that the United States is Romania's most important ally […]
Romanians spent roughly EUR 40 billion in large retail chains last year, representing an increase of 7.1% year-over-year. The 2024 growth rate marked a slowdown compared to 2023 (+11.1% vs. 2022) but remained above inflation, according to the Romania Retail Snapshot 2025 produced by real estate consultancy company Cushman & Wakefield Echinox. Major food stores […]
