“Approval of the contract having as object “Works for the Refurbishment of Unit 1 Cernavodă NPP”, with a value of 1,904,141,391.00 Euro, VAT excluded, with the Association formed by Candu Energy Inc, Canadian Commercial Corporation, Ansaldo Nucleare S.p.A and Korea Hydro & Nuclear Power Co, Ltd (the Consortium), under the conditions detailed in the Note presented to the shareholders, no. 15150 dated 16.12.2024″, as per the report.
Nuclearelectrica ended the first nine months of 2024 with operating revenue of RON3.39 billion, down 40% year-over-year, and net profit of RON1.28 billion, down 35% year-over-year.
The company is valued at RON13 billion and is 82.5%-owned by the Romanian State, through the ministry of energy. SNN shares have traded down 12% so far in 2024, amid deals worth RON391 million, in line with stock market data.