The Organisation of Canadian Nuclear Industries (OCNI) and the Romanian Atomic Forum (ROMATOM) have renewed their memorandum of understanding on nuclear power co-operation. According to a ROMATOM press statement released on Wednesday, the memorandum describes several ways in which OCNI and ROMATOM will continue to collaborate to identify opportunities for nuclear suppliers in Romania and Canada. The OCNI-ROMATOM memorandum will also encourage and facilitate co-operation between research institutes and universities in Canada and Romania on nuclear research, development and education. “Romania and Canada are long-term partners in nuclear power, starting with the development of Units 1 and 2 at the Cernavoda nuclear-power plant, which have ranked among the best performing nuclear facilities in the world in terms of capacity factor since their commissioning. Romania’s energy program provides for the further development of the nuclear programme by extending the Unit 1 service life and building units 3 and 4 as part of the solution to ensure Romania’s security of supply and the achievement of environmental targets for reducing greenhouse gas emissions by 80pct by 2050, “according to Gheorghe Lucaciu, executive director of ROMATOM. The memorandum was signed on Tuesday at a joint meeting of representatives of the Romanian and Canadian nuclear industries in Bucharest, jointly organised by ROMATOM and the Embassy of Canada. The Canada-Romania commercial team led by the OCNI brought together representatives of 15 major nuclear providers engaged in meetings with Romanian producers, as well as officials from the Romanian Ministry of Energy. The Canadian delegation also paid a working visit to the Cernavoda nuclear power plant. OCNI is an association that includes over 200 leading Canadian suppliers for the nuclear industries in Canada and foreign markets. The Atomic Romanian Forum has over 35 active member companies operating in areas such as equipment manufacturing, construction, technical design and other nuclear services that support the nuclear industry in Romania. ROMATOM is a member of the European Atomic Forum (FORATOM) and active in the European and national debate on energy strategy and sustainable policies.
The Confident Group, a corporate and brand communications cluster present in Bucharest and Barcelona, launches Confident Impact, its new sustainability-focused business line. The move marks a strategic expansion into comprehensive Sustainability services, including ESG and CSR specific solutions, tailored for both corporations and SMEs. Confident Impact is a growing one stop shop delivering a comprehensive,...
Bucharest’s five-star Radisson Blu Hotel launched “Art in Motion,” a pop-up exhibition developed in partnership with Art Safari, the largest organizer of art exhibitions in Eastern Europe. The exhibition can be viewed from early June to July 31 in public areas of the hotel. According to the hotel press release, the initiative underscores Bucharest’s role […]
Leading retail park owner M Core has invested more than EUR 150 million in the Romanian market over the past six months, significantly expanding its presence through a series of acquisitions and new developments. The company acquired Focșani Shopping Centre from KBC, Suceava Shopping City, and seven fully leased retail parks previously owned by MAS. […]
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Romania’s Chamber of Deputies has officially designated 2026 as “The Year of Nadia Comăneci,” approving the bill on Wednesday, June 11, with 307 votes in favor, News.ro reported. As the lower Parliament house serves as the final decision-making authority, the legislation now advances to the president for promulgation...
Tarom, Romania’s embattled national carrier, announced on Tuesday, June 10, that it has finalized the sale for the 50% stake in the company Romanian Fueling Services S.R.L. The buyer is Air British Petroleum, a division within the global energy giant BP. The sale is part of Tarom’s Restructuring Plan, which will end in 2026. Following […]
