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Economy

Romania signed the contract for reactors 3 and 4 at Cernavodă between the national operator Nuclearelectrica and the consortium of companies Flour, Sargent &...

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Bucharest, November 15, 2024 - RBJ - According to a press release from the Ministry of Energy from Bucharest, today the representatives of Nuclearelectrica and Energonuclear (the project company) signed the Engineering, Procurement and Construction Management (EPCM) contract, LNTP...
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Economy

Parapet and Blue Line Energy announce the completion of the first photovoltaic and wind power plant in Romania

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The photovoltaic power plant adds a capacity of 1.1 MW to the 6.15 MW installed in the Beştepe wind power plant, Tulcea County The photovoltaic and wind power plant will provide an average production of 24 GW per year, helping...
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Economy

Romania, promoter of SMR technology in Central and Eastern Europe, together with large international companies

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Bucharest, June 13, 2023 - A Memorandum of Understanding for collaboration in the implementation of NuScale Voygr power plants in Central and Eastern Europe (CEE), including Romania, was initialed between Nuclearelectrica, NuScale Power, E-INFRA, Nova Power & Gas, Fluor...
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Economy

The Japanese company Tamura Corporation to open a new production unit in Romania

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The Japanese company Tamura Corporation announces the establishment of a new production plant in Romania, in Feteşti-Gară, Ialomiţa. The factory will produce battery chargers for power tools within the Electronic Components Division. The investment is 6 million euros. The...
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Bilateral

Fluor Corporation, ready to invest in SMR nuclear technology in Romania

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By RBJ Romania is on the right track to become the first country to have the newest, safe and clean nuclear technology - SMR, the Government says, after Prime Minister Nicolae Ciucă had a meeting with the representatives of the...
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Economy

Resolv and Low Carbon to develop a 600MW wind farm near the Black Sea; the combined capacity of Resolv projects in Romania exceeds 2GW

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By RBJ Rezolv Energy, an independent clean energy power producer focused on sustainable power in Central and South Eastern Europe, is partnering with Low Carbon to construct two onshore wind farms in Romania with a capacity of up to 600MW. Sharing...
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Economy

Nuclearelectrica benefits from the Issuer Market Maker services provided by BRK Financial Group

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By RBJ Societatea Nationala Nuclearelectrica (SNN), the sole producer of nuclear power and nuclear fuel using CANDU 6 type technology in Romania, company listed on the Bucharest Stock Exchange (BVB) since 2013, will benefit starting October 21, 2022 from the...
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Economy

The most powerful coal-fired power plant in Romania was sold to the Arab group Mass Global Energy. The investor must build a new unit,...

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By rbj The thermal power plant Mintia/Deva, Hunedoara county, was bought for 91 million euros by Mass Global Energy Rom, part of the Mass Group Holding group. The event took place during a public auction, the judicial administrator of the...
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Economy

25 years since the commissioning of the first nuclear reactor at the Cernavoda power plant

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By Jerom Bolt On April 17, 1996, the Cernavoda Nuclear Power Plant was officially inaugurated, with the commissioning of the first reactor. Cernavoda was the first such plant in Eastern Europe. Romania joined the club of nuclear energy producing countries...
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Economy

GSP Power and Romgaz present a new concept in Romania: ‘gas-to-power’ for 1000 MW of electricity

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By Edwig Ban GSP Power together with Romgaz presents a new concept in Romania: “gas-to-power”, which involves the construction of gas-fired power plants, with the aim of creating a network of 1000 MW installed in the system. The first step...
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Event & Opinion0

After 18 years of political humiliation, Romania and Bulgaria have received the right to be admitted to the Schengen area

Bucharest, December 12, 2024 - RBJ - Although they have fulfilled technical requirements for protecting the security of free...
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Science & innovation

Romanian company Decalex Digital selected in the EU group for the development of the first Code of Practice dedicated to Generative Artificial Intelligence (GenAI)...

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Bucharest, December 10, 2024 - RBJ (Source: Agerpres) - The European Commission (EC) has decided to form a group of experts responsible for the...
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Aeropspace & Defence

Romania Becomes the 20th Member of the F-35 Global Alliance. Romania is the 20th country to join the global F-35 fleet

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Fort Worth, Texas, Nov. 21, 2024 - RBJ - The Government of Romania confirmed today its intent to procure 32 Lockheed Martin 5th Generation...
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Economy

Romanian company Sinteza S.A. to build a €50 million factory for long-term storage batteries, using Lockheed Martin technology

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Bucharest, Romania, November 20, 2024 - RBJ - Lockheed Martin and Romanian company Sinteza S.A. have signed a Letter of Intent for licensing negative...
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Cryptocurrencies

Bitcoin sets a fresh all-time high as the post-US presidential election momentum continues to spur crypto markets

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Bucharest, November 19, 2024 - Simon Peters, cryptoasset market analyst at multi-asset investment platform eToro - Bitcoin has set a fresh all-time high of...
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The Romanian Business Journal
Constantin Radut
Editor in Chief
031721 Bucharest, Romania
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