Enel and Mittal, the only foreign companies left in the Cernavodă reactors project

Enel (Italy) and Arcelor Mittal Romania are the only remaining foreign partners of the Romanian state in the 4 billion-euro project of reactors 3 and 4 in Cernavodă, after in less than a year's time, CEZ (the Czech Republic), RWE (Germany), GDF SUEZ (French-Belgian group) and Iberdrola (Spain) left the project.

The two new Cernavodă reactors are the most ambitious investment project of the Romanian state in the last 20 years, which, despite attracting the interest of the biggest European energy companies, is two years behind the original deadline.
"Today (January 24th i.e.) was the meeting of the companies that signed the Investors Agreement, which targets the building of reactors 3 and 4 of the Nuclear Power Plant in Cernavodă. Three of the investors announced at the reunion they would withdraw from the project for reasons having to do with each company's strategy. The companies that are still part of the project, Nuclearelectrica, ArcelorMittal and Enel, have restated their resolve to continue the project," said representatives of the Economy Ministry.