Nuclear power producer Nuclearelectrica (stock symbol: SNN) has called its shareholders for a meeting on January 22, 2025 to vote on approving the updated strategy for the continuation of the investment in the project for refurbishment works at Cervavoda Nuclear Power Plant Unit 1, which requires EUR1.9 billion investments, VAT not included, the company said in a report sent to the Bucharest Stock Exchange on Dec.16.
Hungarian state company MVM and Germany's E.ON Group have reached an agreement on Dec. 16 for the acquisition by MVM of E.ON's energy retail and customer solutions business in Romania, according to an announcement by E.ON.