National Corporation Nuclearelectrica S.A. and nuclear and isotope technology company Laurentis Energy Partners - a commercial subsidiary of Canada's Ontario Power Generation, signed on Thursday in Paris a memorandum for the production of medical isotopes at the Cernavoda Nuclear Power Plant and for exploring the development of heavy water production in Romania, the Energy Ministry informs."It is a significant step to help improve the health of millions of people and demonstrate the multiple benefits of nuclear power plants, which generate clean energy, contribute to energy stability, decarbonization and economic growth, and support cancer treatment. Equally important is the project to resume heavy water production in Romania, an initiative begun during the term of former minister Virgil Popescu. The global demand for heavy water experiences a spectacular increase, and Romania can be a strategic player," said Energy Minister Sebastian Burduja, according to the cited statement.This step comes shortly after the announcement about the Government of Canada providing funding to support the construction of Cernavoda reactors 3 and 4.The memorandum was concluded against the backdrop of the over 55-year Romania - Canada partnership in the field of nuclear energy and of the announcement made by Canadian Minister of Energy and Natural Resources Jonathan Wilkinson about a 3 billion Canadian dollar deal to support the development of Cernavoda Units 3 and 4, which strengthens energy security and furthers the production of clean energy.The agreement was formalized on Thursday, with OPG president and CEO Ken Hartwick, and Nuclearelectrica CEO Cosmin Ghita signing a Memorandum of Understanding, in the presence of the Romanian Energy Minister Sebastian Burduja. The signing took place on the sidelines of the Roadmap To New Nuclear conference organized in Paris by the Nuclear Energy Agency, which sees the participation of over 21 international ministers and hundreds of industry professionals.
Romanian non-profit Dăruiește Viață has completed a new renovation project at the “Louis Țurcanu” Emergency Children’s Hospital in Timișoara, upgrading the Pediatric Onco-Hematology Transplant Unit to modern medical standards. The investment, worth approximately EUR 150,000, was funded by Linde Gaz Romania and Atos Global Delivery Center. The organisation has been working with the Timișoara hospital […]
The multimedia exhibition Aici Se Vede Jazz (Here You Can See Jazz), set to open at SAC Berthelot in Bucharest, explores how jazz found its way in the pre-1990 Bucharest and “the contemporary ways to listen, visualize, perform and relate artistically to its world of sounds and ideas.” Bucharest had improvised studios, rehearsals with the […]
Aon Romania, part of the global group Aon plc, draws attention to the urgent need for structured solutions to protect trade receivables in an economic context characterized by high volatility and geopolitical uncertainty. The subject was central to the discussions at TRADE CREDIT TALKS - Receivable Protection in the Age of Volatility, where business leaders […]
Bucharest’s shopping centres posted mixed financial results in 2024, with major discrepancies between the city’s largest malls and mid-sized retail centres, according to financial analysis platform RisCo.ro. The data shows contrasts in profitability and turnover, as well as significant losses among some of the capital’s biggest retail projects. AFI Cotroceni recorded the highest turnover of […]
Nearly nine in ten Romanians expect to spend less or no more than last year on Christmas shopping, according to a new survey by tbi bank that highlights the impact of rising prices on household budgets ahead of the winter holidays. The nationwide poll, conducted in October on a sample of 1,011 respondents, shows that […]
A total of 77% of homeowners who answered a survey by ING and Ipsos said they implemented measures in the past three years to improve energy efficiency. The need to save on energy bills was the main driver of household modernization, the survey showed. Most respondents (62%) said they did so to reduce energy costs, […]
