Nuclear power company SN Nuclearelectrica posted a Q1 net profit of RON 513.66 million, down 8.8% year-over year, shows the company's quarterly report for the period January 1 - March 31, 2025 submitted to the Bucharest Stock Exchange on Thursday.At group level, Nuclearelectrica reported a net profit of RON 522.67 million, also down 11.2%.The gross electricity production of the two operational units of the Cernavoda NPP in Q1 was 2.95 million MWh, and of this amount, the Units' own technological consumption during operation was 232,000 MWh.The electricity produced and delivered into the National Energy System was 2.72 million MWh, compared to 2.77 million MWh in the same period last year, down 1.7%.The revenues generated on the electricity market from electricity deliveries in Q1 2025 stood at RON 1.44 billion, 2% higher than the budgeted amount and, respectively 23.3% higher than the figure reported in Q1 2024.The total value of the SNN investment program for 2025 is RON 3.43 billion, with approximately 91% representing ongoing investments, while new investments, upgrade and refurbishment projects account for a combined of approximately 9% of the total.SNN's investment program for this year includes the necessary projects at the Cernavoda nuclear power plant, the Pitesti Nuclear Fuel Plant and the Head Office, as well as objectives to be completed in the coming years, including the allocation of loans and capital contributions for the subsidiaries EnergoNuclear, RoPower Nuclear and the Feldioara Uranium Concentrate Processing Plant.Nuclearelectrica is a national electricity, heat and nuclear fuel corporation in Romania operating under the authority of the Ministry of Energy, with the Romanian government holding 82.49% of the shares, and the other shareholders 17.50%, after the company's listing on the stock exchange in 2013.The Cernavoda National Power Plant branch operates two CANDU nuclear units, counting among the most efficient units of the more than 400 nuclear power plants in the world.
“Little London” Theoretical High School, a private educational institution in Romania that values the Romanian educational system, has started construction work for the expansion of its school campus located in Voluntari, on Erou Iancu Nicolae Street. This initiative will increase high school capacity by 30% starting from the 2025-2026 academic year. In this context, the […]
British heavy metal band Iron Maiden will perform at Bucharest’s National Arena on May 28, 2026, as part of their “Run For Your Lives” anniversary world tour, promoter Emagic announced on Thursday, September 18. The concert will feature a career-spanning setlist highlighting defining moments from the group’s five-decade history, accompanied by what organizers described as […]
Three-quarters of Romanians believe that the war in Ukraine affects Romania to a very great and fairly great extent, according to the third edition of the Informat.ro barometer by INSCOP Research, carried out between September 1 and 9. The monthly survey, which aims to bring to public attention topics of interest, shows that “opinions are […]
Daniela Schoppmeyer, the majority shareholder and general manager of Faberrom, a company that took over in the 1990s most of the spaces of the former APACA clothing factory in western Bucharest, is the new owner of half of the emblematic Scala residential block, on Magheru Boulevard, Profit.ro reported. Schoppmeyer...
The Bucharest Municipal Parking Company (CMPB) inaugurated 189 new parking facilities with more than 12,400 spaces in the first half of 2025, while revenues from parking fees rose 20% year-on-year to RON 50.4 million (roughly EUR 10 million), the company said on Thursday, September 18. CMPB reported a net profit of RON 28.3 million for January–June […]
Romania has inaugurated underwater seagrass meadows and artificial reefs in the Black Sea as part of a major restoration project aimed at curbing erosion and reviving marine biodiversity, the National Administration “Apele Române” said. More than 20 hectares of seabed have already been planted with Zostera noltii seagrass and transplanted with Cystoseira barbata seaweed, creating […]
