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.
On Thursday, January 23, the European Commission granted a protected geographical indication status to Romania’s Jidvei wine. The new status offers recognition for the distinctive qualities of the wine. The brand encompasses white, rosé, red, sparkling, semi-sparkling, and liqueur wines produced from grape varieties grown in the Alba region, in central-western Romania. The vineyards in […]
Romania's pavilion at the Osaka World Expo 2025, which will take place from April 13 to October 13, was built with a focus on sustainability, including contributions from Romanian workers. The pavilion also highlights Romania's national resources. The mascot for the expo is a pelican named Haru (meaning "spring" in Japanese), symbolizing the importance of […]
Examin, a Romanian startup specializing in AI-powered video analytics, has secured EUR 200,000 in pre-seed funding from a private investor. The funds will be directed toward a market-ready product, creating an AI-driven prototype for quality inspection in manufacturing processes (AI Quality Inspection), developing its first AI Video Analytics camera, expanding the team, and scaling marketing […]
The beginning of 2025 brought increased pollution in the Bucharest-Ilfov area, as traditional pollutants such as cars and heating systems met low wind speeds, high humidity, and thermal inversion. The latter three prevent pollutant particles from dispersing and instead keep them at ground level. As a result, the level of pollution has doubled in the […]
Update: DNA confirmed that Sinaia mayor Vlad Oprea had been detained for 24 hours beginning January 23 on charges of bribery in continuous form, conducting financial operations incompatible with his position, false in asset declarations, abuse of office, and influence peddling. The prosecutors also said that Oprea indirectly received a total bribe of EUR 238,000 […]
Prosecutors from Romania's National Anticorruption Directorate (DNA) reportedly detained Vlad Oprea, the mayor of the popular mountain town of Sinaia, for 24 hours on Thursday, January 23. He faces corruption charges in a case investigated by the DNA, with further searches set to take place at the Sinaia City Hall later today, in the presence […]
