06.13.2014

Daniela Lulache, general manager of Romanian state-owned energy producer Nuclearelectrica (SNN.RO), fears a potential migration of qualified employees to rival nuclear projects, as competitors offer more

06.10.2014

Romanian state-owned energy producer Nuclearelectrica (SNN.RO) Sunday restarted the first reactor at its nuclear power plant in Cernavoda, following a 30-day scheduled overhaul, the company said in a more

05.16.2014

Romanian nuclear power producer Nuclearelectrica (SNN.RO) last week raised 135.1 million lei (EUR30.5 million) at 16 electricity auctions on the local energy exchange OPCOM, the company said in a more

05.14.2014

Romanian state-run nuclear power company Nuclearelectrica (SNN.RO) on Wednesday said its net profit fell 30% on the year to 101.8 million lei (EUR22.9 million) in the first quarter, hurt by lower more

05.13.2014

The green power, the lower consumption and more energy efficient technologies have changed the look of the energy market transactions. Distributors and traders are looking at high margins on the spot more

05.08.2014

Romanian state-owned energy producer Nuclearelectrica (SNN.RO) will temporarily shut down one of its two reactors at the nuclear power plant in Cernavoda for a scheduled overhaul, the company said in more

05.06.2014

The first phase of the low and intermediate-level radioactive waste storage facility of the Cernavoda nuclear power plant should be done by 2020, and the total investment in the project amounts to more

05.05.2014

Romanian state-run nuclear power producer Nuclearelectrica (SNN.RO) estimates it will invest EUR1 billion to EUR1.5 billion to expand the lifespan of one of its two reactors in Cernavoda, a project more

04.30.2014

Shareholders of nuclear power plant operator Nuclearelectrica (SNN.RO) approved the distribution of dividends totaling RON341 million (EUR76.7 million), nearly 11 times higher than last year and more

04.28.2014

Romanian power grid operator Nuclearelectrica (SNN.RO) Monday raised 69 million lei (EUR15.2 million) at several electricity auctions on the local energy exchange OPCOM. more

04.25.2014

Romania’s nuclear power producer Nuclearelectrica and China General Nuclear Power Corporation on Friday signed an additional contact extending until December 31 the validity of the letter of intent more

04.22.2014

Romanian power grid operator Nuclearelectrica (SNN.RO) plans to sell nearly 400.000 megawatt-hours of electricity on the local energy exchange OPCOM in a bid to raise 66 million lei (EUR14.8 million). more

04.18.2014

Romania’s largest electricity generation company, Hidroelectrica, signed a EUR44,000 deal this February to have the feasibility study on the Tarnita-Lapusesti hydropower plant, a EUR1 billion more

04.01.2014

Romanian ArcelorMittal Galati, a unit of the world’s largest steelmaker ArcelorMittal, announced Tuesday that it unilaterally terminated a contract with state-run nuclear power company more

03.31.2014

Romanian investment fund Fondul Proprietatea (FP.RO) has launched a legal action to stop nuclear power company Nuclearelectrica (SNN.RO) from co-financing two state-funded energy projects. more

03.28.2014

Romanian state-run nuclear power company Nuclearelectrica (SNN.RO) proposes the payment of dividends totaling 340.95 million lei (EUR75.76 million), representing 81% of last year’s net profit. more

03.20.2014

Romanian power grid operator Nuclearelectrica (SNN.RO) raised 381.04 million lei (EUR84.86 million) Thursday after selling 2.3 terawatt hours of electricity to trader GEN-I Bucharest on the local more

03.14.2014

Romanian power grid operator Nuclearelectrica (SNN.RO) plans to sell 2.3 terawatt hours of electricity on the local energy exchange OPCOM in a bid to raise 373.77 million lei (EUR80 million). more

03.12.2014

Shareholders of Romanian state-run nuclear power company Nuclearelectrica (SNN.RO) Tuesday rejected the company’s revenue and expenditure budget for 2014, asking for another meeting after the more

02.28.2014

Romanian state-run nuclear power company Nuclearelectrica (SNN.RO) Friday said its preliminary net profit rose seventeen-fold to 417.37 million lei (EUR94.42 million) in 2013, from RON24.19 million a more

02.10.2014

Nuclearelectrica (SNN.RO), the owner of the Cernavoda nuclear power plant that covers 20% of Romania’s energy production, plans to contribute 8.9 million lei (around EUR2 million) to participate in more

02.10.2014

Romanian state-run nuclear power company Nuclearelectrica (SNN.RO) expects its net profit will fall sixteen-fold to 27.9 million lei (EUR6.23 million) in 2014, from a record profit of RON456.7 million more

02.03.2014

Romania’s nuclear power producer Nuclearelectrica (SNN.RO) appointed a new financial manager, economist Mihai Darie, as of February 1. more

01.24.2014

Romania’s nuclear power producer Nuclearelectrica (SNN.RO) has lodged a legal complaint against the energy watchdog ANRE for forcing the company to sell electricity to households at regulated more

01.23.2014

Romanian nuclear power producer Nuclearelectrica (SNN.RO) on Thursday cancelled an auction to sell 1.67 million megawatt-hours of electricity due to lack of offers. more