On Friday, the government approved a memorandum committing to a schedule of measures to align the country's strategic nuclear projects with European sustainability requirements.The safe management of spent nuclear fuel and radioactive waste?including the existence of a deep geological repository for high-level radioactive waste?represents a key element, according to a Government statement."Currently, Romania's national strategy targets the year 2055 for the deep geological repository. However, European requirements stipulate that it must be operational by 2050. To close this five-year gap and avoid delays in the assessment of nuclear projects, the Government is committing to a clear schedule of measures enabling Romania to meet the European deadline," the statement notes.Compliance with these requirements is important for the continuation and implementation of strategic projects in the nuclear sector, including those developed by Nuclearelectrica, the cited source notes."The lack of a commitment and a credible plan for making the geological repository operational by 2050 could lead to delays in the European Commission's evaluation and approval process, potentially affecting the timeline for the implementation and commissioning of nuclear investment projects. Through this memorandum, Romania sends a clear message regarding its commitment to meeting European requirements and taking timely measures for the safe, long-term management of radioactive waste," the Government states.
The first heavy snow hit Romania’s famous Transfăgărășan high-altitude road, forcing road workers to intervene with snow-clearing equipment and anti-skid material. The Brașov Regional Directorate of Roads and Bridges (DRDP) announced on Friday, October 16, that a layer of snow has formed on the road, particularly in the highest areas. “Heavy snowfall on DN7C – […]
The National Liberal Party (PNL) and its allies in Save Romania Union (USR) called for the establishment of a parliamentary committee for administrative-territorial reform on Thursday, October 15. The two parties, set to form the opposition in the event of an investiture vote for the Luca Niculescu government, had their request approved by the Joint […]
Real estate developer One United Properties (BVB: ONE) announced on Friday, October 16, that it has appointed Cătălin Jalobă as Group Chief Financial Officer. He will take office on December 17. In this role, Jalobă will lead the group’s finance function, including financial strategy and planning, accounting and reporting, treasury and financing, cost control, taxation […]
One of the largest banks in Romania, Raiffeisen Bank, listed a new corporate bond issue, its tenth overall, worth a total of RON 750 million on the Exchange’s Regulated Market on Friday, October 16. The bank listed 1,250 senior preferred, unsecured corporate bonds with a nominal value of RON 600,000 each and a fixed coupon […]
More than 1.5 million people participated in the 2026 edition of Open Streets – Bucharest, Urban Promenade, according to municipal cultural center ARCUB. The program ended on October 11 after running for 24 weekends. Organized by the Bucharest City Hall through ARCUB, the project included 226 activities. These comprised more than 100 workshops and interactive […]
Bucovina, a region in northeast Romania, topped Time Out’s newly updated list of the world’s most underrated travel destinations for 2027. Relatively unknown, particularly to foreign travelers, Bucovina was placed first among 41 destinations around the world. The London-based travel recommendations magazine highlighted the region’s painted monasteries and ancient forests to motivate...
