Prime Minister Nicolae Ciuca met on Thursday at the Victoria Palace with a delegation from the Nuclear Energy Agency of the Organization for Economic Cooperation and Development, the main topics addressed being Romania's accession to the OECD, the regional initiative regarding the development in the nuclear field and the collaboration between Romania and the NEA.According to a government release, Prime Minister Ciuca highlighted the importance Romania attaches to nuclear capabilities and the relevance of the NEA, an agency in which Romania is already represented for the OECD accession process, "a target assumed at national level".At the same time, the prime minister showed the readiness to develop Romania's capacity to produce nuclear power, using North American technology, an element that customizes our country in the region.According to the Government, for Romania, both the training of the employees in the field and the development of the energy production and transmission network represent priorities for Romania.For his part, the Director General of the NEA OECD, William D. Magwood IV, confirmed the availability of support from the perspective of increasing the capabilities to produce nuclear energy, highlighting the positive role that Romania's membership of this agency can play in the process of joining the OECD."The parties mentioned the main advantages of nuclear energy, which can reduce carbon emissions as an alternative to Russian gas, including in the industrial field," the release says.The NEA delegation carries out a working visit to Bucharest with the objective of developing the cooperation between Romania and the Agency for Nuclear Energy.
ASFAT, a wholly state-owned company operating under Türkiye’s Ministry of National Defence (MoND), has signed an agreement for the delivery of the light corvette Akhisar to the Romanian Naval Forces. This transaction represents a milestone for Türkiye’s defence industry, as it is the first international sale of a combat ship built in Türkiye to a […]
Wind projects with a total capacity of almost 316 MW have been declared winners in the third auction under the Contracts for Difference (CfD) scheme, above the minimum threshold set by the Ministry of Energy, according to sources quoted by Economica.net. The third auction was organised because of insufficient projects approved under...
Fitch Ratings has affirmed the long-term Issuer Default Rating (IDR) of Romania-based, state-owned bank CEC Bank at BB/stable, its Viability Rating (VR) at bb, and Government Support Rating (GSR) at b, based on the bank's moderate, albeit strengthening, business profile, adequate capitalisation, and reasonable funding and liquidity. This puts the Romanian bank's rating two notches […]
Romania's Ministry of Transport blocked a key procedural step required for the listing of Bucharest Airports Company on the Stock Exchange (BVB) after opposing an item on the shareholders' agenda concerning the resumption of the auditor selection process. The vote took place at the end of November, following a request by Fondul Proprietatea, which holds […]
Romania has begun work on a specialised production facility in Măgurele, near Bucharest, that will manufacture laboratory-grade mirrors and lenses, including components for the world’s most powerful laser hosted at the adjacent research centre, Digi24 reported. The...
The Treasury set a coupon of 6.55% for the 2-year state bonds on sale in the primary retail market in December, 40 basis points from 6.95% paid in November, and 65 basis points lower compared to October. The coupons for the other maturities have decreased accordingly to 7.1% for the 4-year maturity (-25 bp from […]
