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.
Romanians purchased RON 1.49 billion (nearly EUR 300 million) under the last Fidelis issue this year, organised by the Treasury in December, with over two-thirds of the money being placed in euro-denominated debt and more than one-third of the total being placed in long-term 10-year euro-denominated debt with a 6.2% coupon attached, according to data […]
Environment minister Diana Buzoianu announced that the ministry she leads has launched the procedures for a feasibility study aimed at planting 380 hectares of forest shelterbelts in southern Romania, a region increasingly affected by desertification. According to the announcement, the project would result in more than 126 kilometers of tree lines planted along national roads. […]
Romanian president Nicușor Dan said Russia will remain a security threat to Europe even if the war in Ukraine ends in a peace agreement. Speaking after the Eastern Flank Summit in Helsinki, he stressed that European countries must stay calm but strengthen their defense capabilities through increased investment and closer coordination within NATO and the […]
Harta Literară (The Literary Map), a project highlighting real-world places featured in fiction works, will expand next year from Bucharest to Braşov and Iaşi after receiving funding from Romania's National Culture Fund (AFCN). Bucharest was the first city covered by the map, with more than 300 documented places, and 600 highlighted connections to classic and […]
As global competition for university places continues to rise, families are increasingly seeking schools that not only deliver strong academics but also provide the networks, counselling, and preparation needed for the world’s most selective universities. Through its partnership with Dukes Education, Verita International School has become one of Romania’s strongest pathways to top global universities, […]
Exim Banca Românească continues the savings campaign under which it pays attractive interest rates, above the market average, for new deposits in lei and euro, over 7 months: interest rates of up to 7.20% per year for lei and 2.50% per year for euro. The offer is available both for the PLUS deposit in lei, […]
