Decarbonisation without nuclear energy is impossible, that is why, Romania will build with American, Canadian and French partners the two reactors in Cernavoda, announced on Wednesday the minister of energy Virgil Popescu following the plenary session’ Building a green future – getting to net zero’. Moderated by John Kerry, special envoye of the president of US for Climate. ‘In the plenary session ‘Building a green future – getting to net zero’ moderated by John Kerry – the special envoye of the US president for Climate, I had a speech to present the position of my country. I sent the message that our country supports the desire for zero emissions until 2050 and in the process of decarburization of the energy system we will involve the nuclear sector. Decarburization without nuclear energy is impossible. That is why Romania will build with the American, Canadian and French partners the two reactors in Cernavoda and, at the same time, we offer great attention to the SMR technology. I am glad that at the level of session conclusions, Romania’s position with regard to the nuclear energy we will take it over’ Virgil Popescu writes on Facebook. The two nuclear reactors of the unit in Cernavoda ensure almost 20% of the energy production of the country. Romania has had in prospect for many years the construction of another two reactors. The agreement between the Romanian government and the government of the United States regarding cooperation in connection with the nuclear-energetic projects in Cernavoda and the sector of nuclear civil energy, was signed in Bucharest, on 9th December 2020 and in Upper Marlboro on 4th December 2020. (Photo:https://www.facebook.com/VirgilDPopescu/photos/pcb.2976689645903436/2976689435903457/) Additional to the present projects, the project of unit 3 and 4 and the retechnologisation of unit 1 CNE Cernavoda,the agreement includes long and very long cooperation through the chance of developing modular reactors in Romania, on a site to be establish, with the view to ensuring flexibility and nuclear technology.
TeraPlast Group recorded a 34% increase in revenue in 2024, reaching RON 897.9 million, compared to RON 672.3 million in 2023. This growth is generated by an increase in sold volumes, the launch of operations at the Opal stretch film factory, and the consolidation of results from companies acquired in 2024. EBITDA remained at a […]
The construction of the Cluj-Napoca subway began on Tuesday, February 25, with the consolidation work on the hill located in the area of station 2 in the Florești suburb. Once completed, the subway in Cluj-Napoca will be Romania's second, after the one in Bucharest. It will be 21 km long and include 19 stations. The current […]
Electric services group Hidroelectrica, the largest company on the Bucharest Stock Exchange (BVB), reported a net profit of RON 4.1 billion in 2024, down 35%, and revenues of RON 9.1 billion, 25% lower than in 2023, according to financial data published on Wednesday, February 26. Hidroelectrica said its results were influenced by the decline in […]
Medisprof Cancer Center has received approval for the Zonal Urban Plan (PUZ) for its new integrated oncology hospital in Cluj-Napoca, marking another step in the project estimated at a total of EUR 22 million. The approval paves the way for the construction phase, which is expected to begin in 2026 and take 24 months to […]
Romania’s High Court of Cassation and Justice has definitively rejected far-right politician Călin Georgescu's appeal, through which he requested the suspension of the declassified documents that served as the basis for the annulment of the presidential elections in December 2024. The lawsuit was filed at the Bucharest Court of Appeal by the Association for the […]
Update: Prime minister Marcel Ciolacu had his first reaction after Călin Georgescu was brought in for questioning at the Prosecutor's Office. He said that, given the tense electoral context, judicial bodies are obligated to present solid and impeccable evidence in the investigation that also involves a potential candidate in the May elections. He also reiterated […]
