Unit 1 of CNE Cernavoda automatically disconnected from the National Energy System on Friday evening, due to disfunctionalities in the classic part of the unit, without any impact on the nuclear security, informs the National Nuclearelectrica Society (SNN).Unit 1 of CNE Cernavoda with installed power of 700 MW was commissioned in 1996 and delivered, until now, 133 million MWh, representing 9% of the national consumption, on a period of 26 years. Unit 1 prevented the release in the atmosphere of 130million tons of CO2.Nuclearelectrica is the national company for electric, thermal and nuclear fuel energy in Romania, which functions under the authority of the Ministry of Energy, the Romanian state owning 82.49% of the shares, and the other shareholders 17.50% after listing on the stock exchange of the company in 2013. The company contributes to over 18% of the nuclear energy to the total production of energy and with 33% to the total production of energy without CO2 in Romania.The CNE Cernavoda operates two CANDU nuclear units, being two of the most performing units out of the over 400 nuclear units in the world, a factory of nuclear fuel making the integrated cycle of fuel through the acquisition of a processing line for uranium concentrate to support the company long run investment projects.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
