Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. US EXIM approves USD 99 mln loan to...

US EXIM approves USD 99 mln loan to support development of small modular reactor in Romania

October 1, 2024

The US official export credit agency, EXIM Bank, has approved a financial commitment of up to USD 99 million to support the development of Romania’s 462 MW small modular reactor, or SMR, project near the village of Doicești.

The funds are designated for RoPower Nuclear SA, a joint venture equally controlled by the state-owned company Nuclearelectrica, which operates the Cernavodă nuclear power plant, and the private company Nova Power & Gas part of the E-INFRA group. 

Earlier...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/us-commits-loan-small-modular-reactor-romania-2024
Read in full - click here
US EXIM approves USD 99 mln loan to support development of small modular reactor in Romania

The US official export credit agency, EXIM Bank, has approved a financial commitment of up to USD 99 million to support the development of Romania’s 462 MW small modular reactor, or SMR, project near the village of Doicești. The funds are designated for RoPower Nuclear SA, a joint venture equally controlled by the state-owned company […]

How people are starting to save time with AI summarizers - ReadPartner 

At a time when our thirst for knowledge is growing, as is the amount of content available online, the use of AI summarization tools is becoming increasingly common. Let's take a look at how these AI tools are emerging as a time-saving solution for our busy schedules.  Why AI summarizers are gaining popularity  The amount […]

Romania expands program that teaches school subjects through video games

The Games in Schools program, through which hundreds of students across Romania are taught history, geography, and other subjects with the help of video games, is entering a new phase this fall and expanding.  The Romanian Game Developers Association launched the Games in Schools, or RGDA, program in 2022 to provide alternative tools to teachers […]

BCR Romania Manufacturing PMI falls to seven-month low as conditions for Romanian manufacturers deteriorate in September

Output and new orders down at fastest rates since February Survey-record drop in payroll numbers, while confidence dips Below average input and output price inflation signalled The manufacturing sector in Romania remained under pressure in September, as operating conditions deteriorated at the most pronounced rate seen since February. Subdued demand conditions played a large part […]

White Night of Galleries takes place in thirteen cities in Romania this weekend

Bucharest and twelve other cities across Romania will open their alternative contemporary art spaces for a long program during the weekend of October 4-6, marking the 18th edition of the White Night of the Galleries.  The public will be able visit galleries, alternative spaces, creative hubs, and art studios in Bucharest, Brașov, Cluj-Napoca, Craiova, Deva, […]

Catalyst Romania invests EUR 2 million in Romanian robotics company Adapta

Catalyst Romania has invested EUR 2 million in Romanian robotics development company Adapta Robotics. Women in Tech (WIT), a business angel community, participated in the round. The investment will allow Adapta Robotics to further customize its flagship MATT Robot to serve various industry verticals, strengthen its sales and marketing teams, and establish strategic partnerships with […]