Today, at the Partnership for Transatlantic Energy and Climate Cooperation (P-TECC) Ministerial in Bucharest, U.S. Secretary of Energy Jennifer Granholm, Under Secretary of State for Arms Control and International Security Bonnie Jenkins, and U.S. Trade and Development Agency Director Enoh T. Ebong joined Romania Minister of Energy Sebastian Burduja and industry executives from U.S. firms Fluor Corporation and NuScale Power and Romania firms RoPower and SN Nuclearelectrica to celebrate a significant milestone in Romania’s flagship small modular reactor (SMR) project, utilizing NuScale technology, advancing it towards deployment in 2029. Fluor Corporation and RoPower signed an agreement for the second phase of the Front-End Engineering and Design (FEED) study that will position the project to move to a final investment decision and construction. The first phase of the FEED study was completed in late 2023 with funding from the U.S. Trade and Development Agency, U.S. Department of State, the Government of Romania, and NuScale Power. Building on over a quarter century of Romania’s safe and secure nuclear power plant operation experience, this leading edge SMR project will replace a former coal plant in Doicesti with clean, carbon-free power, create jobs, spur economic growth, and help establish Romania as a clean energy leader in the region. The United States is committed to supporting the use of advanced nuclear technologies to power global decarbonization efforts and provide energy security to partners around the world. (Source: https://ro.usembassy.gov)
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
