Romania: New manager of NPP Cernavoda

, SEE Energy News

Romanian electricity producer Nuclearelectrica, has appointed Valentin Nae as the new manager of the country’s sole nuclear power plant Cernavoda.

The statement from the company said that Nae will replace Dan Bigu, whose employment contract expired after he reached the required retirement age. Valentin Nae has 34 years of experience in the nuclear industry. He had been Radiation Control Section manager at NPP Cernavoda, main control room operator, Unit 1 shift supervisor and chief engineer of the process system department.

Nuclearelectrica recorded a net profit in the amount of 70.8 million euros in the first half of 2020, which is 18.1 % more compared to the same period last year. The company’s operating profit increased by 4.4 % year-on-year to 137.8 million euros in the first six months of the year, mostly due to a 9.4 % annual drop in operating expenses. Nuclearelectrica generated about 5.49 million MWh of electricity in January-June 2020 period, which is 11.8 % more compared to the same period in 2019. Electricity sales contributed 240 million euros in revenues in the first half of the year, down 2 % year-on-year.