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.
A truck belonging to a Moldovan transport company loaded with weapons was detected at the Albita Customs, at the entrance to Romania, on November 20, Europa Libera Romania reported. According to the documents, it was intended for an Israeli beneficiary, but this has not been...
The Constitutional Court of Romania (CCR) will rule on December 10 on the objections expressed by the opposition party AUR against the revised law that includes higher taxes and better tax collection procedures, passed by the Parliament on November 18 in an amended form, such as to incorporate the issues already spotted by the CCR […]
The Social Democrat (PSD) candidate for the Bucharest mayor seat, Daniel Baluta, mayor of District 4 and president of PSD Bucharest organisation, leads with 26.6% of the general voting intentions expressed in the latest poll conducted by Inscop for Informat.ro. He is closely followed by the Liberal (PNL) candidate Ciprian Ciucu, currently mayor of District […]
Cris-Tim Family Holding (BVB: CFH) shares will start trading on the Bucharest Stock Exchange on November 26, following one of the most heavily oversubscribed initial public offerings ever conducted on the local market for retail investors, Ziarul Financiar reported. The listing follows a RON...
Banca Transilvania (BVB: TLV) is preparing to launch a new Additional Tier 1 (AT1) bond issue, denominated in euros, with an indicative coupon of 7.625% (semiannual payment), according to Bloomberg information consulted by Economedia.ro. The instrument is a EUR Benchmark Perpetual...
Banca Comercială Română (BCR, part of Erste Bank Group) raised EUR 500 million through its second Eurobond issue, strengthening its access to international capital markets. The issuance follows a local bond sale earlier this month and forms part of the bank’s broader funding strategy. BCR stated that the transaction secured “one of the most competitive […]
