about us | newsletter | contact | archive | members area
Ilinca Paun, Colliers International
"Romania has become one of the prime locations for IT or BPO/SSC companies to set up sho»
  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  |  1868 Views
Daily Info
Michele Abbate was appointed as new CEO of Enel Energy and Enel Energy Muntenia

Michele Abbate is the new CEO of Enel Energy and Enel Energy Muntenia, the two companies owned by the Enel group in Romania.

CTP invests 15 million Euro in a new logistics park near Cluj-Napoca

The industrial parks developer CTP invests 15 million Euro in the development of a new logistics park near Cluj-Napoca. CTPark Cluj II will be located in Floresti and will hav...

AFI Europe to develop AFI Brasov by 2019, its third shopping mall in Romania

AFI Europe sets the cornerstone of AFI Brasov, the company's third shopping mall in Romania and announces the advancement of construction works.

Bog'Art to build IKEA's second store in Bucharest

IKEA has announced that Bog'Art will build its new store from Theodor Pallady area in Bucharest. The second store in Bucharest will be opened next year, following an investmen...

Romania's sovereign fund to be launched in 2018

Romania's first sovereign fund for development and investments (FSDI) will be available starting January 1, 2018 and it will finance the developments of infrastructure alongsi...

 
 
   
advertising

advertising

advertising

advertising

advertising

More on News
Over 19,000 business plans submitted for Start-Up Nation program

Start-Up Nation Government program attracted over 19,000 business plans and a new edition will take place next year, said Ilan Laufer, Minister for the Business Environment...

President Iohannis to hold political consultation to designate future PM

Parliamentary parties are invited today to the Cotroceni Presidential Palace for consultations with President Klaus Iohannis over the designation of the future prime minist...

Sorin Grindeanu hails the support for CVM lifting before 2019

Prime Minister Sorin Grindeanu met at Victoria Palace with the European Commission President Jean-Claude Juncker. The meeting was also attended by the Public Finance Minist...

PM Sorin Grindeanu: 5.7 per cent economic growth - confirmation that the measures taken by the Government are the right

The 5.7 percent economic growth registered in the first quarter of 2017, as compared to the first quarter of 2016, an evolution which exceeds the expectations of analysts a...

Fondul Proprietatea urges President Iohannis not to promulgate the Ports Law

Fondul Proprietatea has sent a letter to President Klaus Iohannis outlining several reasons that constitute, in the Fund's view, a strong basis for the non-promulgation of ...

Romanian ruling coalition plans tax overhaul ahead of key parliament vote

Romania's ruling Social Democrats unveiled plans on Thursday to overhaul taxation from 2018, ditching a flat 16 per cent tax on income and profit that has attracted investm...

Romania's sovereign fund to be launched in 2018

Romania's first sovereign fund for development and investments (FSDI) will be available starting January 1, 2018 and it will finance the developments of infrastructure alon...