Nuclearelectrica paid RON29.1 million for some of the assets related to the technological flow of the uranium processing line. Following the transaction, Nuclearelectrica receives the ownership right over the buildings, movable and immovable property related to the flow of the Uzina E factory of the Feldioara Branch, securing the integrated nuclear circuit in Romania within a single economic operator, after the Uranium Company had transferred to Nuclearelectrica in August 2021 the operating licence from Tulghes-Grinties.
“The strategic decision to acquire part of Feldioara’s assets necessary for the processing of raw material was aimed at ensuring the integrated production capabilities at the level of Nuclearelectrica and, to an equal extent, to ensure the production of fuel bundles and the optimal operation of its nuclear fuel factory in Pitesti and the nuclear power plant in Cernavoda, in the context of expanding the capacity of the nuclear power plant, and maintaining the nuclear fuel cycle at national level. We are proud to contribute with Nuclearelectrica’s strategic projects at repowering Romania. This year we have made many important steps in further developing the Romanian civil nuclear power program, on Refurbishing Unit 1 project, as well on Units 3 and 4 projects, small modular reactors projects, forming a new generation of engineers and preparing the company for the development and operation of these projects, and we are glad to end the year with finalizing the project through which our country will continue to benefit of an integrated nuclear cycle. I thank the Energy Ministry, CNU and I congratulate the Nuclearelectrica team for its contribution to successfully finalizing this acquisition,” said Cosmin Ghita, CEO of Nuclearelectrica