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.
Investment company Solida Capital Europe entered the Romanian real estate market with the acquisition of the Victoria Center office building from Manova Partners, formerly Macquarie Group. The purchase price has not been disclosed. Victoria Center has a landmark position on Calea Victoriei, in the heart of Bucharest’s CBD. It offers roughly 8,600 square meters of […]
Romania’s power grid operator Transelectrica (BVB: TEL) and gas grid operator Transgaz (BVB: TGN) both posted higher revenues and strong profit increases in 2024 as they benefitted from higher regulated tariffs for their core operations. Transelectrica...
The leader of the center-right European People's Party (EPP) group in the European Parliament, Manfred Weber, has expressed confidence in Romania's democracy and institutions amid recent developments connected to far-right politician Călin Georgescu. "The EPP stands by its partners in Romania to ensure free and fair elections, the foundation of any strong democracy," Weber stated. […]
MedLife achieved a Pro forma consolidated turnover of RON 2.76 billion in 2024, up 25% compared to 2023, moreover, recording in the last five years increases in turnover of over 20%. Despite the growth and consolidation of its leading position, the company navigated cautiously last year, taking into account the increase in debt and the […]
At Café Athenée, a timeless noble tradition comes to life with the Afternoon Tea Experience, now available every day from 3:00 to 6:00 PM, upon reservations made at least 24 hours in advance. Guests can indulge in a selection of finely crafted pastries, delicate finger sandwiches and premium teas, curated to create a truly elegant […]
AROBS Transilvania Software (BVB: AROBS), the largest technology company listed on the Bucharest Stock Exchange, posts solid preliminary results for 2024 – a consolidated turnover of RON 412 million (EUR 83 mln), 2% above the revenue and expense budget revised in Q3 2024, EBITDA of RON 60 million (EUR 12 mln), +11% compared to the […]
