Romania and Kazakhstan have started talks over a 10-year agreement between KazAtomProm and Nuclearelectrica on uranium supply, according to senior official with the Ministry of Energy Casian Nitulescu.He led, April 28-29, 2025, a team of the Ministry of Energy to a meeting of the Kazakhstan-Romania Energy Working Group in Astana, Kazakhstan."We had constructive talks with Energy Minister Erlan Akkenzhenov, Deputy Energy Minister Ilyas Bakytzhan, Deputy Foreign Minister Roman Vassilenko and Chairman of the Agency for Nuclear Development Almassadam Satkaliyev. We also had important meetings with the management of KazAtomProm. We discussed strengthening energy collaboration, supply security, tax policies with an impact on companies running on Kazakh capital in Romania and possible new business projects. A key point: the opening of discussions for a 10-year agreement between KazAtomProm and Nuclearelectrica on the supply of uranium,"Nitulescu writes in a social media post.He adds that Romania is also interested in the transfer of technology for beryllium processing, and KazAtomProm invited the Romanian side to visit the metallurgical plant in Ulba in July."An important step toward strengthening the Romanian-Kazakh energy cooperation," according to the official of the Ministry of Energy.The Romanian team also included Gelu Maracineanu, general manager of the Feldioara Uranium Concentrate Processing Plant - Nuclearelectrica, as well as the Romanian ambassador to Kazakhstan, Madalina Lupu.
ASFAT, a wholly state-owned company operating under Türkiye’s Ministry of National Defence (MoND), has signed an agreement for the delivery of the light corvette Akhisar to the Romanian Naval Forces. This transaction represents a milestone for Türkiye’s defence industry, as it is the first international sale of a combat ship built in Türkiye to a […]
Wind projects with a total capacity of almost 316 MW have been declared winners in the third auction under the Contracts for Difference (CfD) scheme, above the minimum threshold set by the Ministry of Energy, according to sources quoted by Economica.net. The third auction was organised because of insufficient projects approved under...
Fitch Ratings has affirmed the long-term Issuer Default Rating (IDR) of Romania-based, state-owned bank CEC Bank at BB/stable, its Viability Rating (VR) at bb, and Government Support Rating (GSR) at b, based on the bank's moderate, albeit strengthening, business profile, adequate capitalisation, and reasonable funding and liquidity. This puts the Romanian bank's rating two notches […]
Romania's Ministry of Transport blocked a key procedural step required for the listing of Bucharest Airports Company on the Stock Exchange (BVB) after opposing an item on the shareholders' agenda concerning the resumption of the auditor selection process. The vote took place at the end of November, following a request by Fondul Proprietatea, which holds […]
Romania has begun work on a specialised production facility in Măgurele, near Bucharest, that will manufacture laboratory-grade mirrors and lenses, including components for the world’s most powerful laser hosted at the adjacent research centre, Digi24 reported. The...
The Treasury set a coupon of 6.55% for the 2-year state bonds on sale in the primary retail market in December, 40 basis points from 6.95% paid in November, and 65 basis points lower compared to October. The coupons for the other maturities have decreased accordingly to 7.1% for the 4-year maturity (-25 bp from […]
