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.
A street in Bucharest’s District 3 has been closed to traffic after the state-owned gas network operator Transgaz warned that it had been built over natural gas pipelines in violation of safety standards. Brățării Street was allegedly built by the District 3 City Hall in the area without proper measures in place. Vehicular traffic over […]
Paysera is strengthening its position in Romania by targeting a gap long overlooked by traditional banks: affordable, fully digital financial services for small and medium-sized businesses. In an interview with Romania Insider, Daniel Turbatu, Country Manager of Paysera Romania, says the company’s biggest advantage remains its free business account, which can be opened entirely online […]
DN Agrar Group (BVB: DN), one of the leading integrated agrifood companies in Romania and the largest dairy milk producer in Europe, reported record results for the first nine months of 2025. The company achieved a turnover of RON 158 million, a 25% increase year-on-year, while net profit doubled to RON 43 million, backed by […]
Presidential adviser Ludovic Orban is leaving his position after just six weeks in office, following a mutual agreement with president Nicușor Dan to end their collaboration, the Presidential Administration announced on Tuesday, November 18, as reported by Agerpres. Orban, a former prime...
Yellow Fresh Fruits has quickly emerged as one of Romania’s most dynamic fresh fruit importers, reshaping a market where consistency and speed increasingly define competitiveness. In an interview with Romania Insider, Fryderyk Schiller, COO of Yellow Fresh Fruits, outlines how the company expanded from its Polish origins to operating advanced ripening centers in Timișoara, Bucharest, […]
The design phase for the most difficult section of the A8 highway, namely Lot 2B Grinţieş-Pipirig, has begun, according to a statement given by Romanian transport minister Ciprian Şerban on Monday, November 18. The contract for the section, valued at RON 5.97 billion (EUR 1.17 billion), was signed at the end of October. In total, […]
