Korea Hydro & Nuclear Power (KHNP), a South Korean state-controlled company, announced on Monday that it had signed an agreement with Canadian group Candu Energy to speed up preparations to submit a bid in the tender to be held to upgrade the reactor 1 from Cernavoda, Yonhap agency informs. KHNP stated that it signed an engineering services contract with Candu, in accordance with their objective to participate in the modernization of reactor 1 of the Cernavoda nuclear power plant (Romania). The project aims to replace some key components and build the necessary infrastructure that will allow reactor 1 from Cernavoda to operate for another 30 years. According to the partnership with Candu, KHNP will develop a plan for the construction of the infrastructure. “Through this project, we expect to strengthen cooperation between South Korea and Romania in the field of nuclear energy,” said KHNP general manager Whang Joo-ho, who added that the company will focus its efforts on winning the contract that will be auctioned this year. For the same project, last year KHNP signed a tripartite consortium agreement with the Canadian group Candu Energy and the Italian Ansaldo Nucleare S.p.A. Unit 1 of the Cernavoda Nuclear Power Plant (CNE), with an installed capacity of 700 MW, was put into operation in 1996 and has delivered, until now, 133 million MWh, representing 9% of national consumption, over a period of 26 years. Unit 1 also prevented the release of 130 million tons of CO2 into the atmosphere.
The 2025-2026 symphonic season of the George Enescu Philharmonic (FGE) in Bucharest will open with two concerts led by American conductor Kent Nagano and featuring German violinist Frank Peter Zimmermann as soloist. The program includes works by Enescu, Beethoven, and Stravinsky. The concerts are scheduled for Thursday, October 2, and Friday, October 3. FGE’s chamber […]
Romania recorded the second-lowest life expectancy in the European Union in 2024, at 76.6 years, trailing only Bulgaria at 75.9 years, according to preliminary figures released Thursday, September 11, by Eurostat, and quoted by Agerpres....
Far-right, opposition party AUR (the Alliance for the Union of Romanians) continues to dominate voter preferences for the parliamentary elections in Romania, securing 40.8% support in the latest INSCOP Research – Informat.ro Barometer conducted between September 1 and 9. The party’s strong showing underscores the deepening polarization of Romanian politics, with nearly half of voters […]
Vastint Romania has introduced Ready Flex Space, a new concept offering fully furnished, independent office modules on short-term leases, as demand for flexibility in the workplace continues to grow. The solution, already implemented at Business Garden Bucharest, spans 2,321 sqm divided into nine separate units ranging from 124 to 416 sqm. Eight of the units […]
Romania’s hotel sector outperformed forecasts in the first half of 2025, posting solid gains in occupancy and revenues that boosted its appeal for investors across Central and Eastern Europe (CEE), Cushman & Wakefield Echinox said in a report. Hotel occupancy in Romania rose by 4% in January–June compared with the same period last year, while […]
Romanian developer IULIUS has begun the most extensive transformation yet of its flagship Palas Iași mixed-use complex, announcing an estimated EUR 80 million investment that will expand retail areas, increase green spaces, and introduce new leisure facilities. The company said the redevelopment will raise its total investment in downtown Iași to more than EUR 520 […]
