Romania's only nuclear energy producer, the National Company Nuclearelectrica SA (SNN), is the first Romanian company to join the World Economic Forum, SNN announced today in a statement to the Bucharest Stock Exchange.SNN will be a WEF member in two strategic areas, specifically the Platform for Shaping the Future of Energy, Materials and Infrastructure, and the Partnering Against Corruption Initiative, which support the company's strategic vision of building a sustainable future for tomorrow's generation, providing clean energy at the highest standards of excellence."We greatly appreciate the partnership with the World Economic Forum and look forward to a beneficial and fruitful cooperation. SNN aims to develop its integrated core expertise, to become an active part in capturing and generating development initiatives with a significant economic, social and organisational impact, in order to assess new opportunities for cooperation, expansion and development. Having in view our major investment projects, we are also looking for resilience and stronger economic and financial know-how. As both the World Economic Forum and SNN are interested in promoting carbon emission reduction programs, we are committed to capitalizing on the innovation trend and clean energy solutions," said Nuclearelectrica CEO Cosmin Ghita.25 years after the commissioning of Romania's first nuclear reactor, Nuclearelectrica covers approximately 20 percent of the domestic consumption demand and 33 percent of the country's clean energy output. Nuclearelectrica supplied over 200 million MWh into the national grid at a capacity factor of over 90%, preventing the release into the atmosphere of over 170 million tons of CO2, the cited release states.SN Nuclearelectrica SA is under the coordination of the Energy Ministry. As of 2013, the company is listed on the Bucharest Stock Exchange, having the Romanian state as main shareholder with 82.49 percent of the stake, while other shareholders control 17.50 percent thereof. SNN has two branches: the Cernavoda nuclear power plant, which operates Units 1 and 2, and the Pitesti Nuclear Fuel Plant.
Loud screens and noise stress young children and affect their development Sound pollution in Romanian homes affects children's learning, play, and sleep, who are more vulnerable to noise than adults Studies show that children exposed to TV for 2 hours daily are 6 times more likely to experience language development delays Renowned doctor: Experiences actually […]
Estonian cinema will take center stage at the 24th edition of the Transilvania International Film Festival (TIFF) in the Focus Estonia program, presenting a curated selection featuring both recent releases and rediscovered classics, screened in restored versions. Among the films to be screened is Moonika Siimets' The Black Hole (2024), a dark sci-fi comedy inspired […]
The ITH Group, which includes the portals Vola.ro, Fru.pl, and GoVola.com and operates in Romania, Poland, and Bulgaria, announced the direct integration of LOT Polish Airlines flights into its own platforms. The collaboration strengthens the group’s position as a regional leader in flight ticket distribution, according to its press release. This will be achieved through […]
In a ruling handed down on Tuesday, May 13, the Bucharest Court of Appeal rejected a request by US authorities for the extradition of a 17-year-old Romanian student. The youth is accused of sending hundreds of bomb threats and manipulating underage girls into engaging in acts of extreme violence, sexual exploitation, and self-harm. Aside from […]
Accor, a global leader in hospitality, has announced the expansion of its presence in Romania by signing a franchise agreement with Amazonia Aquapark SRL for Novotel Timișoara. The newly built hotel is scheduled to open by the end of 2027, marking the brand's first property outside Bucharest and becoming a flagship for Novotel in Eastern […]
A survey published on Wednesday, May 14, by the Open Minds Association shows that Romanians strongly support respect and mutual support in the workplace, signaling that the business environment can play a critical role in supporting social unity. According to the first data set from the “Diversity and Inclusion Barometer,” May 2025 edition, 81% of […]
