about us | newsletter | contact | archive | members area
Christian Traunfellner, Immofinanz
There is an increasing need for high-quality office properties»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

Nuclearelectrica to restart negotiations for nuclear reactors 3 and 4 from Cernavoda in September

Negotiations for the construction of nuclear reactors 3 and 4 from Cernavoda will be restarted in September, according to Nuclearelectrica's Extraordinary General Meeting of Shareholders from August 24, said Daniela Lulache, former general manager of the company.

2017-08-28 12:46:08

Also, a decision must be taken this year on the refurbishment of unit 1 from Cernavoda, with a security analysis to be ready by the end of 2017, she mentioned in a press conference where she presented her achievements after a four year and four months mandate.

"The level of nuclear safety was one of the indicators that were evaluated in my work," said Lulache. "Nuclearelectrica is bound to make profit, but nuclear safety must not be compromised. No nuclear power plant so far has managed to recover after some security problems. We cannot talk about performance without maintenance and investments programs. Each year, Nuclearelectrica is investing 250 million RON. There are two categories of investments: mandatory investments for nuclear safety and investments that bring economic benefits. In 2012, before I came to Nuclearelectrica, the profit was around 20 million RON. In 2013, after I got here, the profit was over 400 million RON. All the results that we are proud of were possible due to corporate governance."

According to the quoted source, the beginning of 2017 shows promising results in terms of operational profit, with Nuclearelectrica registering a net profit 25.7 per cent higher than the net profit of the similar period of 2016.

Also, by the end of 2017, substantial concrete data will be obtained from the technical analysis regarding the refurbishment of Cernavoda NPP Unit 1 which will lead to a clear objective and decision regarding this project estimated at 1.2-1.5 billion euro. A clear decision from the authorities on the aspects regarding Cernavoda NPP Units 3 and 4 which are in the approval competence of the Romanian state are expected by the end of the year as well.



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  7364 Views
Daily Info
Romania fourth in Europe for natural gas production and reserves, report shows

Romania is on the fourth place in Europe for last year's natural gas production and proven gas reserves, according to a report by BP.

Alro to proceed with a public offering of shares in the company

Alro today announces that its major shareholder, Vimetco N.V., and Conef S.A., intend to proceed with a public offering of shares in the company.

Renault to invest one billion Euro in electric vehicles production

Renault will invest more than 1 billion Euro to increase electric vehicle production capacity in France and add new models.

Hidroelectrica to provide electricity for RATB and Metrorex

Hidroelectrica has won two contracts for providing electricity services to RATB and Metrorex. Both contracts to be carried out for one year starting July 1 implies the deliver...

Romanian insurance sector doubles profit in 2017

The insurance sector in Romania doubled its net profit last year to 508 million RON (110 million Euro) from 251 million RON in 2016, according to profit.ro.

 
 
   
advertising

advertising

advertising

advertising

advertising

More on News
ING Bank Romania to accelerate business development through digitization

Customers are increasingly interacting with the bank through its digital platforms and are making more card payments, according to a report issued by ING Bank Romania.

4 Comments

TransferGo: We will come to a point where money transfers will be dominated by app usage

Cash will become obsolete and this will be the result of digital finance advancement, Marius Nedelcu, Country Manager at TransferGo told The Diplomat-Bucharest.

1 Comment

Immofinanz: Constant, visible shift towards energy efficiency on the local office sector

Romania's strong economic growth in 2017 placed the country in a leading position in the CEE region and the trend is expected be sustainable over the next years, Christian ...

2 Comments

Crosspoint: Currently, there is a relatively small number of green office buildings throughout Romania

2017 has been a good year for the office market all throughout the CEE region: low vacancy rates (Bucharest - nine per cent, Warsaw - 14 per cent, Budapest - 9.2 per cent, ...

Iulius Mall: 2017 a good year both for office premises delivery and office demand from companies planning to expand

Compared to the other countries in the region, Romania still has some catching up to do in terms of high quality office spaces that measure up to European standards, Lauren...

Conadi: One opportunity for the residential market is to deliver high-quality projects adapted to buyers' needs

Romania's residential market has started to recover, coming closer to normality and likely to achieve its maturity soon, according to Daniela Barbu, Marketing Communication...

1 Comment

JLL Romania: 80 per cent of buildings under construction built according to international green standards

Stability and sustainability are the words that can describe the Romanian office market in 2017, according to Madalina Marinescu, Office Department consultant JLL Romania....