Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. President Iohannis: Romania, potential to become important player...

President Iohannis: Romania, potential to become important player and European hub in field of energy

November 11, 2021

Romania has the potential to become an important player and a European hub in the field of energy, President Klaus Iohannis said on last Thursday, at the southeastern Cernavoda Nuclear Power Plant."Romania's nuclear energy objective is primarily a strategic objective, to ensure energy security at national and regional level. Our country benefits from a balanced energy mix, but we still need new energy capacities, from various sources, not just nuclear, based on new and modern technologies. And we want energy investments to drive the horizontal development of the profile industries in our country. Romania has the potential to become an important player and a European hub in the field of energy, and this potential must be exploited with determination and responsibility. This is the way to change Romania's current energy profile and become a net exporter of energy in the region," said the head of state.Klaus Iohannis stressed the need for a more ambitious exploration of the opportunities that Romania has in the field of nuclear energy."Technological research in nuclear energy carried out by Romanian specialists has its place of honor at European and even global level. Through the projects of specialized institutes in our country, the nuclear energy sector has made considerable progress. Based on a solid tradition of almost 50 years in the nuclear energy sector, Romania makes a firm choice in the development of nuclear energy, a clean and safe energy, a sustainable solution for our energy security. In Romania, nuclear energy provides almost 20 percent of domestic production. In other words, one bulb in 5 is lighted by nuclear energy. Of the total clean energy produced in our country, 33 percent is nuclear energy, which supports 11,000 jobs in production, research, innovation, engineering, works and equipment production. The fact that Romania has an integrated nuclear cycle is an extremely important asset. It is a significant asset, which must be preserved, and we will have to find the means to take advantage of the competitive advantages that we, as a country, have in this field," said the president.He recalled the Intergovernmental Agreement between Romania and the United States of America on cooperation in relation to the Cernavoda nuclear and energy projects and in the civilian nuclear energy sector in Romania. Moreover, President Iohannis pointed out that Romania also counts on cooperation with France in this field.The head of state showed that in the 25 years of operation, Unit 1 of the Cernavoda Nuclear Power Plant has provided, so far, 9 percent of the national electricity consumption and congratulated the specialists who contributed to the reliable and highly safe operation of this unit, deeming it one of the best performing plants of this type in the world.        

Read in full - click here
Romanian prime minister comes out in favor of no statute of limitations for serious corruption

Romanian prime minister Ilie Bolojan stated during an interview on Wednesday, December 17, that there should be no statute of limitations in cases of serious corruption. The statement comes after a Recorder investigation, which showed that several heads of the major institutions in the Romanian justice system allegedly delayed trials for years until wrongdoings were […]

President challenges new law requiring 40% of sports teams to be made up of Romanians

President Nicușor Dan has challenged, before the Constitutional Court (CCR), the constitutionality of the law that requires that at least 40% of the athletes who play on a team in official national competitions be Romanian. Dan noted that the law violates the principle of non-discrimination and the free movement of workers, enshrined both in the […]

Southwestern Romania: Craiova International Airport inaugurates new passenger terminal

Craiova International Airport will open its new passenger terminal on Thursday, December 18, completing a major infrastructure investment aimed at significantly expanding capacity and improving air connectivity in southwestern Romania. It is part of a broader expansion and modernization project financed through the Large Infrastructure Operational Programme (POIM) 2014–2020, with a total value exceeding EUR […]

Romania to be connected to Western Europe’s power grid

Romania is set to be connected to the Western European energy network thanks to grid investments worth EUR 30 billion. The funds will be provided by the EU by 2035, and the project will link Romania to Hungary and Austria in a joint project.  Romanian energy minister Bogdan Ivan signaled the signing of the new […]

TotalEnergies Marketing Romania has new managing director

Franck Bagouet has been appointed managing director of TotalEnergies Marketing Romania SA and managing director of Automotive Southeast Europe Hub TotalEnergies Marketing. He succeeds Didier Grimault, who has accepted a new position within the TotalEnergies company. “I am glad to join this dynamic affiliate and confident that, together with our talented team, we will reinforce […]

Romanian-founded data and AI giant Databricks announces new USD 4 bln funding, increased valuation

Databricks, the data analytics and artificial intelligence company co-founded by Romanian professors Ion Stoica and Matei Zaharia, announced on Tuesday, December 16, that it is raising USD 4 billion in funding at a valuation of USD 134 billion, according to CNBC.  The new valuation represents a 34% increase compared to the August round, when Databricks […]