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
Two new investment funds active in Romania receive financing through EU-backed PNRR

Two new investment funds active in Romania, Sparking Capital II and PCP SEE II, will receive allocations worth EUR 30 million under the National Recovery and Resilience Plan, or PNRR, after an approval from the Romanian executive and the European Investment Bank. The allocations are mediated by the European Investment Fund, a European financial institution, […]

Romania’s tax collector ANAF sees revenues up 12% in first half of 2025

The net revenues collected by Romania’s tax agency ANAF for the state budget increased by 12.2% in the first six months of 2025 compared to the same period last year, reaching RON 245.2 billion (EUR 49 billion), said outgoing ANAF president Nicoleta-Mioara Cîrciumaru. Nevertheless, the net revenues collected by ANAF are RON 3.8 billion (EUR […]

Survey: Romanians place highest trust in Army and Church, while Parliament ranks last

Romanians continue to place the most trust in the Army and the Church, while Parliament remains the least trusted institution, according to the second edition of the Informat.ro – INSCOP Research Barometer conducted between June 20–26. The monthly survey was commissioned by the news platform Informat.ro in partnership with the Strategic Thinking Group think tank. […]

Romania braces for fiery weekend as meteorologists issue Orange Code

Romania’s National Meteorological Administration, or ANM, issued on Thursday, July 3, an Orange Code warning for heatwave and heightened thermal discomfort, valid Friday and Saturday, July 4-5, in more than half the country, including Bucharest. The parts of Romania not covered by the Orange Code warning are under a Yellow Code for extremely hot weather. […]

Romania steps into the big league of fintech - Best Credit IFN becomes the first Romanian NBFI to partner with Bondster

Best Credit IFN announces the strategic partnership with the European crowdfunding platform Bondster, becoming the first Romanian non-banking financial institution (NBFI) to attract international capital through this platform. This initial round of financing marks a milestone in the company’s strategy to diversify its capital sources and rapidly scale its lending capacity in a dynamic market […]

Eastern Romania: Investigations continue in case involving Romanian IDs for Russians, Ukrainians

Another 93 searches were carried out at public institutions and private residences on Thursday, July 3, in the case of illegally-obtained Romanian identity documents for citizens of former USSR countries. Earlier this week, Romanian police completed 206 searches in the same case. Prosecutors claim that between 2023–2024, over 1,700 individuals born in the Russian Federation, […]