Societatea Nationala Nuclearelectrica (SNN)

company

Societatea Nationala Nuclearelectrica (SNN) is a state-owned Romanian utility company specializing in nuclear power generation. It operates the Cernavoda Nuclear Power Plant, providing a significant portion of Romania's electricity. SNN is actively pursuing expansion through the development of Cernavoda Units 3 and 4, and is a pioneer in the deployment of small modular reactors (SMRs) in Europe.

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Founded 1998 2,300 employees Parent: Romanian State (via Ministry of Energy)

UtilityOperatorDeveloper

Strategic Overview

Focus on increasing nuclear power generation capacity in Romania to ensure energy security and meet decarbonization targets.
Pioneering role in the deployment of Small Modular Reactors (SMRs) in Europe, aiming to be a regional hub for SMR development.
Commitment to extending the operational life of existing nuclear assets through refurbishment programs.
Leveraging strong international partnerships for technology, financing, and expertise in nuclear energy development.

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Key People

Cosmin Ghita

CEO

Dan Cristian Vasile

CFO

Teodor Chirica

Chairman of the Board

Track Record

1,400

MW Total

Years Active

Notable projects: Cernavoda Nuclear Power Plant Units 1 & 2 (operational), Cernavoda Nuclear Power Plant Units 3 & 4 (development), Doicesti SMR Project (development)

Detailed Analysis

Technologies

Nuclear PowerSmall Modular Reactors

Sectors

UtilitiesEnergy Transition

Geographies

RomaniaUSACanadaSouth KoreaUKFrance

Deal Stage

OperatingGreenfieldBrownfield

Subsidiaries

Fabrica de Combustibil Nuclear (FCN) Pitesti

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