sa - Nuclearelectrica

“NUCLEARELECTRICA” SA
CORPORATE
REPORT
2005
1
CONTENTS
Foreword .........................................................................................................................5
Company in Brief .............................................................................................................6
Business Vision ...............................................................................................................6
Organizational Chart .........................................................................................................7
Company Operations ........................................................................................................8
Nuclear Power Generation: Cernavoda NPP Unit 1 ...............................................................8
Nuclear Fuel Production ..................................................................................................12
Nuclear Safety ...............................................................................................................14
Nuclear Events ...............................................................................................................14
Radiological Safety..........................................................................................................14
Industrial Occupational Safety and Health .........................................................................15
Environment Protection ...................................................................................................16
Project Development Activities ........................................................................................17
Cernavoda NPP Unit 2 Project .........................................................................................17
Cernavoda NPP Unit 3 Project .........................................................................................19
Spent Fuel Storage Facility .............................................................................................20
Nuclear Fuel Plant - Pitesti ..............................................................................................20
Corporate Social Responsability .......................................................................................21
Local Community Support ...............................................................................................21
Other social & economic effects ......................................................................................21
Emergency Planning .......................................................................................................22
Quality Management System ...........................................................................................23
Human Resources and Personnel Training .........................................................................24
Public Relations and Communication .................................................................................25
International Cooperation ................................................................................................26
Financial Statements ......................................................................................................27
Audit Report .................................................................................................................27
Balance Sheet ...............................................................................................................28
Profit and Loss ..............................................................................................................31
3
FOREWORD
In a global market economy, the companies' role, the
corporate responsibilities and the openness towards
trade are getting more and more important. The new
concept of social corporate responsibilities highlights
the necessity of managing the company based on the
sustainable development requirements, and of having
the appropriate responsibilities assumed by all the team
members. Contemplating this background, the role of
Societatea Nationala NUCLEARELECTRICA SA (SNN)
SA is to generate safer and environment friendly
electricity. The affordability, availability and
acceptability of the energy supplied by the Cernavoda
NPP are basic values for the company's management in
defining the present and future economic, human and
environmental responsibilities.
Since December 2nd 1996, operating with one unit of
700 MW, the Cernavoda NPP Unit 1 provides annually
10% of the electricity production of Romania. The 9th
year of commercial operation of the Cernavoda NPP
Unit 1, 2005, was the best year in terms of operation
performance. Out of a total production of 5,554,959
MWh, the Cernavoda Unit 1 delivered 5,112,959 MW
to the national electric power grid. The capacity factor
reached the value of 90.1%, while the average value
attained over the whole commercial operation period,
1996-2005, reached the value of 87.13%. These
figures rank the Cernavoda NPP Unit 1 among the world
best nuclear CANDU 6 power plants in terms of
operational performance.
The works program at the Cernavoda NPP Unit 2
amounted
to Euro 255.2 million, leading to a
completion work of 90% in December 2005. About
154 systems out of 307 were also turned over from the
construction to the commissioning team.
As regards, the continuation of Cernavoda NPP project,
based on of the approval of the Board of Directors,
SNN SA authorized the firm Deloitte & Touche to
elaborate a Feasibility Study, considering the alternative
of a joint venture and analyzing the alternative of
completing the Units 3 &4 simultaneously.
The Nuclear Fuel Plant - Pitesti, a branch of SNN SA,
has just completed the modernization process and the
production twofold increase process. In 2005 the plant
exceeded a production of 50,000 nuclear fuel bundles,
reaching the fourth consecutive year with a failure rate
of 0% for the nuclear fuel used in the reactor of the
Cernavoda NPP Unit 1.
In 2005, the Cernavoda NPP entered the free market
with a share of about 15% of the electric power it
generated. This was the challenge of 2005 that SNN
SA addressed successfully.
In accordance with the principles of the corporate social
responsibilities, SNN SA identified stricter managerial
criteria with respect to the legal limits allowed for the
radioactive emissions. By taking the appropriate
measures and by strictly monitoring the operation
personnel from the radiological point of view, the
average dose received by a worker during 2005 was
only of 1.42 mSv as against the legal limit of 20
mSv/year. For an individual, member of the population
living in the area near plant the site is of 1 mSv/year and
along the Unit 1 operation period, this value has never
been exceeded, ranging between 0.007-0.09 mSv/year.
As for the greenhouse gas effect, the operation of the
Cernavoda Unit 1 avoided the annual release into the
environment of an amount of about 3.7 million tons of
CO2.
Only a company having a strong financial basis can
efficiently manage its corporate responsibilities and can
responsibly act on the social level. Having only one unit
under operation, under the competition conditions of
the market economy, SNN SA succeeds, through an
efficient management, to fulfill this role. Moreover, SNN
SA is capable and motivated to constantly improve its
management with respect to operation, human
resources and environment protection. Within the Social
Program approved and monitored by the Government,
the community of the Cernavoda town benefits by an
important financial and managerial support from the
nuclear power plant. New practices are promoted
related to human rights, freedom of association,
education, consumer's rights, culture, etc. For the year
2006 SNN SA has planned some targets that will
confirm the motto" Energy serving the human society":
• a stronger presence of SNN SA on the electricity
market;
• permanent monitoring of the progress of the
Cernavoda NPP Unit 2 project;
• maintaining the quality of the nuclear fuel
manufacturing at the Nuclear Fuel Plant PlantPitesti;
• proceeding with the implementation of the
decision regarding the commercial and financial
structure of Units 3 and 4;
• maintaining the level of acceptability by the
population and authority.
5
COMPANY
IN BRIEF
COMPANY IN BRIEF
Since July 27, 1998 Societatea Nationala
“NUCLEARELECTRICA” (SNN) SA is registered with the
Register of Commerce, Chamber of Commerce and
Industry. SNN SA is reporting to the Ministry of
Economy and Commerce.
“NUCLEARELECTRICA” SA is a state-owned company
which produces nuclear-generated electricity, provides
district heating and supplies CANDU 6 type nuclear
fuel. The company has also an active participation in
the Romanian power development program.
“NUCLEARELECTRICA” SA has three levels of
coordination as follows:
• General Assembly of Shareholders (AGA), the
highest level of coordination that analyses
andapproves the strategy and policy of the
company;
SNN SA has three branches, no legal entities:
• “CNE PROD Cernavoda”, operating the Cernavoda
NPP Unit 1 and auxiliary services;
• Executive Directing Committee whose main
objective is reviewing and analysing the current
activities;
• Board of Directors that has the responsability of
supervising the current activities and of making
decision at a high competence level;
• “CNE INVEST Cernavoda”, including Units 2 to 5,
actually in charge with the Unit 2 completion and
U3-U5 preservation;
6
• “FCN Pitesti”, the Nuclear Fuel Plant, qualified
manufacturer for CANDU 6 type nuclear fuel that
fully covers the needs for the Cernavoda NPP
operation.
BUSINESS VISION
• National and European acknowledgement of the
Cernavoda NPP as a safe, secure, efficient,
competitive and clean producer of electricity
• Meeting all the requirements and conditions
imposed by the European Community with respect
to nuclear industry
• Developing an organization operating two units of
705.6 MWe each, on the Cernavoda NPP's site,
based on an integrated approach
• Keeping a high quality and continous production of
CANDU 6 type nuclear fuel at FCN Pitesti
• Achieving a permanent, transparet, open dialog
with the public in order to increase people's trust
and acceptance with respect to nuclear power for
the benefit of the whole society sustainable
development.
ORGANIZATIONAL
CHART
ORGANIZATIONAL CHART
7
COMPANY
OPERATIONS
NUCLEAR POWER GENERATION: CERNAVODA NPP UNIT 1
Mission:
Cernavoda Nuclear Power Plant is designed to produce
electrical & thermal power in a safe and efficient
manner for at least 30 years, from nuclear power using
CANDU technology.
Power generation in Romania in 2005 (gross)
8
29%
20%
41%
Yearly, “NUCLEARELECTRICA” SA delivers electricity
to the national grid covering around 10% of the national
demand:
Installed capacity in Romania
Nuclear Power Plant
5 555 GWh
Nuclear Unit
707 MW
Coal
23 650 GWh
Units on coal
6 189 MW
Oil & Gas
11 200 GWh
Units on oil & gas
4 409 MW
Hydro
16 500 GWh
Hydro power units
6 052 MW
Total 56 900 GMh
Total 17 357 MW
10%
Values:
• To promote the safety of public environment,
personnel and equipment as a first priority in our
organization
• To understand and exceed our customer’s needs
and expectations
• To treat people with trust, respect and dignity
• To optimize the use of material, financial and
human resources
• To operate as a fully integrated team
• To promote our business as a model for
Romanian’s market economy
Generic goals:
• To maintain the plant at full power within the
limits required by the licensing documents
• To maintain nuclear safety, industrial safety and
personnel health at high standards
• To maintain configuration control of the plant at
high standards
• To maintain material condition of the plant at high
standards
• To maintain and improve the existing business
process
• To learn from operation experience
• To continuously develop and motivate human
resources
• To maintain good contacts with the industry and a
good image of the plant
35.5% 25.0% 35.5% 4.0%
Prospects on the future:
• To become a reliable and clean supplier of
electricity worldwide recognized
• To continue as a clean (non-polluting), efficient
and competitive producer
• To meet the European Union requirements and
conditions for nuclear industry
• To assure internal services for Unit 2, mainly for
training, commissioning and licensing process
• To take over Unit 2 and create an organization
with two units in operation
Operations in 2005
Legend
The number and the extent of planned and unplanned
plant shutdowns during 2005:
1 -19.08.2005 (24 days) - annual planned outage
2 -19.01.2005 (2 days) - unplanned outage (reactor
trip due to low boiler level, following a control valve
failure)
3 -28.01.2005 (6 days) - forced outage (repair of a
pneumatic valve in the Shut-down System #2, found
blocked during a periodical test of the system)
4 -19.07.2005 (2 days) - unplanned outage (a false
signal, due to wet atmosphere, activated the gas relay
of unit transformer protection; the electrical generator
was disconnected from the grid and, during the
transient, the reactor was shut-down)
5 -17.11.2005 (2 days) - unplanned outage (a spurious
signal from an electronic module of the turbine regulator
called the sudden closure of the control valves;
consequently, the reactor tripped due to the low boiler
level)
Commercial Operation in 2005
Month
Generated power
Net Power to Grid
Gross Capacity Factor
MWh
MWh
%
January
433 538
399 694
82.86
February
414 824
382 096
88.03
March
526 651
485 409
100.89
April
513 636
473 945
101.24
May
527 469
486 459
100.56
June
506 789
467 094
99.85
July
475 900
437 071
90.60
August
312 801
287 037
59.54
September
306 095
280 952
60.24
October
530 976
488 951
101.11
November
477 156
438 920
94.32
December
529 124
485 331
101.36
Total
5 554 959
5 112 959
90.08
9
Nuclear Power Generation - Cernavoda NPP Unit 1
Performance 1997-2005
Annual Electricity Production
2005
5 114 677
5 554 959
2004
5 142 305
5 548 082
4 541 418
4 905 663
2003
10
Thermal Power
2002
5 106 225
5 513 410
2001
5 049 871
5 445 900
2005
50 238
48 557
2000
5 053 355
5 455 751
2004
2003
1999
56 177
52 108
2002
4 813 027
5 198 083
48 082
2001
1998
4 918 951
5 307 181
2000
1997
4 968 837
5 400 856
1998
64 553
70 864
1999
72 226
45 307
1997
4.4 4.6 4.8 5.0 5.2 million MWh (TWh)
20
30
40
50
60
70
Gcal
During 1997 - 2005
542 686 Gcal were supplied
Delivered (NET)
Produced (GROSS)
Comparison of CANDU 6 GCF (10 units)
90.1 %
87.1 %
CERNAVODA 1
83.2 %
84.8 %
EMBALSE
Annual Gross Capacity Factor (GCF)
90.08 %
2005
89.71 %
2004
2003
SINCE IN
SERVICE
2002
79.52 %
87.13 %
89.37 %
88.25 %
2001
GENTILLY 2
81.1 %
79.3 %
POINT LEPREAU
79.2 %
82.5 %
QINSHAN 4
84.1 %
84.2 %
QINSHAN 5
81.1 %
85.1 %
WOLSUNG 1
77.7 %
85.6 %
WOLSUNG 2
98.1 %
93.3 %
WOLSUNG 3
104.5 %
95.3 %
WOLSUNG 4
98.4 %
96.7 %
88.3 %
2000
84.51 %
1999
86.19 %
1998
87.27 %
1997
78
80
82
84
86
88
%
70
75
80
85
90
2005
SINCE IN SERVICE
At the end of 2005, average of GCF for 10
CANDU 6 units in service slightly decreased to
87.8 % but is mantaining in the same range of 8889 %, like over the past five years.
Average of GCF for all 39 CANDU [PHWR] units in
service was 82.2%.
(source: COGnizant)
95
90
%
Heavy Water Consumption
2005
“U” Consumption
Fuel Bundles Consumption
5 144
2005
2004
2003
2002
2001
2000
1999
1998
1997
5 176
4 792
5 244
5 124
4 868
5 056
4 767
Year
Tons “U”
2005
99.4
2004
90.6
2003
99.5
2002
99.2
2001
96.9
2000
92.0
1999
95.6
1998
90.4
1997
0.30
Total
664.5
2004
2003
2002
2001
2000
1999
1998
27 654
23 638
4016
30 585
27 170
3 414
31 734
27 580
4 154
28 076
23 439
4 637
21 192
17 411
3 781
31 888
27 524
4 363
45 902
43 373
2 592
24 904
22 879
2 025
1997
81 340
76 364
4 976
4500 4600 4700 4800 4900 Fuel Bundles
0
Total Fuel Bundles Consumption
since in service: 40 833
Consumption = Escape - Recover
20
40
60
80
3
10 kg/y
Consumption Design Value: 5200 kg/year
Outages
During the 2005 planned outage there were performed
visual inspections and non-distructive examination and
maintenance activities. there were also carried out
works meant to improve the original plant design by
increasing the reliability of the plant and some critical
components, and also works meant to improve the
operation activity of some equipment and systems.
Planned Outages
1997
5
16
1998
9
36
1999
20.5
31
2000
0
26
outages extension, days
2001
0
39
2002
0
22
2003
1.5
44
2004
7
27
2005
0
24
planned duration, days
Unplanned Outages
Reportable events to nuclear
regulatory authority (CNCAN)
20
2004
503
13
2003
383
371
6
2 95
1997
9
2005
639*
1998
2
134
1999
number of outages
296
5
2
2000
113
2001
4
2
2002
total duration, hours
* 635 hours caused by “force majeure” (drought)
2003
1
79
2004
4
17
2002
19
2001
18
2000
19
1999
22
1998
2005
25
1997
0
5
10
Number of Events
15
20
25
30
11
Nuclear Fuel Production
The Nuclear Fuel Plant-Pitesti (FCN) is qualified by AECL
and ZIRCATEC as a CANDU 6 type fuel manufacturer.
The initial capacity of 90 tons per year and 23 bundles
per day, respectively provided the fuel necessary for the
operation of Cernavoda NPP Unit 1.
In 2005, FCN-Pitesti manufactured 6.264 nuclear fuel
bundles, as follows:
• 4.248 natural uranium bundles for U1;
• 2.016 natural uranium bundles for U2;
So, the total number of fuel bundles produced between
1994-2005 rose to 51.135, containing 986.9 tons of
natural uranium.
Defect Fuel Bundles History
Number
Reactor
Chanel
Refueling Date
(EBu-DBu) /
DBu* (%)
Fuel
Supplier
2005
1
H19
January 21, 1997
-37.3
ZPI
2003
2
D15
March 14, 1997
-20.3
ZPI
3
O17
April 21, 1997
+11.3
ZPI
4
E11
August 1, 1997
+13.4
ZPI
5
N4
October 6, 1997
0
FCN
6
L17
October 7, 1997
+42.7
ZPI
7
G14
November 21, 1997
+7.1
FCN
8
F6
November 24, 1997
+6.6
FCN
9
U10
January 27, 1998
+27.2
ZPI
10
J15
March 24, 1998
+29.9
FCN
11
D9
April 3, 1998
+10.6
FCN
12
L8
July 24, 1998
+23.3
FCN
13
E9
May 25, 1999
+8.7
FCN
14
C12
June 2, 2001
+14.6
FCN
6264
6782
2004
5021
2002
5779
2001
5580
5816
2000
4660
1999
3811
1998
4510
1997
1996
1032
1678
1995
1994
202
0 1000 2000 3000 4000
Nuclear
Fuel Bundless
*EBu - Exit Burnup
DBu - Designed Burnup
Failure Rate (%)
0.00
0.00
2001
0.00
2000
0.00
1999
0.0102
1998
0.00
0.011
1997
0.042
The high quality and performance of the domestic
nuclear fuel have been proved during the power reactor
operation. At an average burnup factor of 170
MWh/kgU, in 2005 the failure rate was 0.00%,
reaching the fourth consecutive year of operation
without detecting any nuclear fuel bundle suspected to
be defective.
0.086
12
Nuclear Fuel Production
2002
2003
2004
2005
During the second quarter of 2005 (from March to May)
the manufacturing line was tested at a capacity needed
to ensure the fuel for two operating units. Thus, the
average monthly production was achived at a number of
946 bundels.
In July, the documentation for the individual dosimeter
laboratory was submitted to CNCAN. The laboratory
was tested with termoluminiscent detectors by CNCAN,
in October in order to be authorized.
In October, the first pellet washing installation was also
tested. At the end of 2005, two more similar
installations were purchased, destined to the
modernization and twofold increase of the production
capacity of FCN.
Accordingly, the first load of the Cernavoda NPP Unit 2
will be provided by FCN - Pitesti. Further, the annual
production will be of 180 tons, in accordance with the
quantity required by two CANDU units in service.
13
2005 - Achivements
17 January
The nuclear fuel bundle # 45,000 was
manufactured
5 May
FCN obtained a 5 year
enviromental authorisation, issued by
the Goverment Decision #40/5 May
2 August
Consecutive 50th months of Unit 1
operation without anynuclear fuel
bundle suspected to be defective
15 September
The nuclear fuel bundle # 50, 000 was
manufacturated
10 November
The closure of the production program
for 2005, with a total figure of 6264
fuel bundles produced for Unit 1 and
the initial load of Unit 2
December
10 years since AECL and ZPI
authorized FCN as CANDU-6 type
reactors nuclear fuel supplier
NUCLEAR
SAFETY
Nuclear Events
The Cernavoda NPP Unit 1 has been safely operated
throughout a period of nine years. The events reported
in 2005 according to INES scale were in number of 8 (1
below scale, 5 level 0 and 2 of level 1). Since in service,
only 1 event rated 2 on the INES scale occured in 1999.
The International Nuclear Event Scale (INES) is used for
prompt communication of safety signifiance.
14
Radiological Safety
In 2005, the annual average dose received by workers
was 1.42 mSv, and the maximum dose 12.21mSv. The
legal limit, for total effective dose, exposed workers is
20 mSv/y and the administrative limit is 18mSv/y.
During 2004 and 2005 CNE-PROD had twice increased
tritium concentrations in the boilers room and some
accesible areas in the reactor building.
These situations was reflected in the collective dose:
the contribution of internal collective dose increased
from 36% in 2003 to 61% in 2004 and 53% in 2005.
For 2006 there were established performance indicators
to improve station / work group performance related to:
• plant collective dose: the target value was
decreased from 0.75 to 0.7 Sv/y;
• internal dose contribution to the total effective
dose: the target value is 40%;
• progressive monthly targets for collective dose for
station / work group.
Health Physics Department provides on a daily basis upto-date monthly collective dose by station disciplines,
thus increasing station departments ownership of
collective dose and aligns departaments for upcoming
activities that requires radiological consideration.
Collective radiation exposure (man x Sv):
0.7316
2005
0.656
2004
0.818
2003
0.55
2002
0.57
2001
0.46
2000
0.45
1999
1998
0.25
1997
0.24
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7
(man x Sv)
Annual average dose value for exposed workers (mSv/yr)
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
0.40
3.81
0.76
1.29
1.25
1.26
1.12
1.26
1.17
1.42
OCCUPATIONAL
INDUSTRIAL
SAFETY AND
HEALTH
Occupational Industrial Safety and Health
“NUCLEARELECTRICA” SA SNN SA has implemented a
safety & health policy having as a major objective to
guarantee safety and healthy workplaces for each
employee.
The policy is based on the principle that accupational
safety and health are priorities. Safety performance will
improve year by year through the provision of safe
systems of work, appropiate equipment and training for
employees.
The Occupational Safety and Health Committee holds
regular meetings to discuss health and safety items. In
2005, the activities were dedicated to the objective of
improving health and safety management as part of
company development strategy.
A number of 6 work related accidents were registered
in 2005 (4 accidents at CNE PROD and 2 at CNE
INVEST); two of them were registered as travel
accidents.
Neither professional nor profession related illnes has
been reported.
Number of work - related accidents within SNN SA Branches
1997
1998
1999
2000
2001
2002
2003
2004
2005
5
1
4
2
10
7
1
0
6
15
ENVIRONMENT
PROTECTION
Environment Protection
16
Over the years, the Cernavoda NPP has operated strictly
meeting
the
environment
requirements.
The
environmental monitoring results have proved the
compliance with the company’s environmental policy
and environmental licence.
SN Nuclearelectrica SA through its subsidiary CNE
PROD Cernavoda also developed and implemented an
Enviromental Management System. CNE PROD
Cernavoda is certified ISO 14001.
It will be extended over Unit 2 at the moment of its
commissioning.
Radiological environmental impact
In August 2005 it was issued the second Environmental
license for Cernavoda NPP Unit 1.
The total volume of radioactive waste radioactive
solids, organic licquids, inflammable solids, since is
224.15 m3 since Unit 1 is in service. The main goal of
Radioactive Waste Management Program is to minimize
the radioactive waste volume. A PHARE project will
assist and implement adequate equipment and
procedures to characterize radioactive waste at
Cernavoda NPP, in order to decrease the waste volume
and start to apply clearance level process.
Radioactive discharges into water and air were well
below the authorized levels. The annual effective dose
received by a member of the public pertaining to a
critical group (the most exposed) from radioactive
emissions into the environment was of 0.00818 mSv in
2005 while the annual average dose received by a
member of the public from the natural background in
Romania is 2.4 mSv.
More detailed information on the radiological impact is
provided in the “Environmental Progress Report”.
Volume of radioactive produced waste m3
(radioactive solids, organic licquids,
inflammable solids)
33.53
2005
Impact on people & environment
Cumulated releases of radioactive
effluents (µsv)
2005
2004
33.74
2004
2003
30.59
2003
33.13
2002
2002
28.62
2001
15.10
1997
0
5
10
7.22
4.49
1999
23.26
1998
8.3
7.27
2000
26.18
1999
9.94
6.11
2001
xx.xx
2000
8.18
15
20
25
30
Total in 9 years of operation: 224.15 m3
1998
5.68
1997
5.51
3.31
1996
0
2
4
6
8
10
µSv/year
Annual legal dose for population: 1000 µSv
In 2004, the average annual dose was only
0.99%from the legal dose.
Non-radiological environmental impact
Cernavoda NPP Unit 1 as clean energy producer
prevents the release into atmosphere of about 4
millions tones of carbon dioxide annually.
Quality of air, soil and water in the surrounding area
was not influenced by the operation of Unit 1 since in
service. Nonradioactive discharges into water (Danube
River and Danube-Black Sea Channel) were below the
authorized limits. The strictly monitoring program of
specific pollutants such as hydrazine or morpholine has
indicated that the concentration of these chemicals is
below detectable limit.
The study “The mechanic effects of entreinment and
impingement on the aquatic flora and fauna reached in
the sieves of cooling water supplyng system of CNE-
Cernavoda, as well as the organism from the filtered
water subsequently circulated in the cooling water of
NPP” has been completed. This study has been
conducted during a calendar year at Unit 1, concluded
that the currently used technicaly system for cooling
water supply has a minimal negative impact on the
ecologically threatned organism or on the commercially
valuable species.
A non-radioactive chemical waste management
program was implemented for Unit 1 since
commissioning. It is continuously improved according to
the Romanian legislation referring to waste
management. The program includes collection,
temporary storage and disposal of chemical wastes.
CNE-PROD policy in this area takes care of on-site
adequate management of wastes in order to prevent
any impact on the environment.
PROJECT
DEVELOPMENT
ACTIVITIES
Project Developement Activities
The total investment costs for 2005 amounted to
around 908,5 million lei available from funds allocated
from the state budget, special development fund, own
resources, VAT recovery and other financing sources
involved in the project.
The investment activities focused mainly on achieving
progress of works at the Cernavoda NPP Unit 2.
Independent tools and equipment were procured in
order to double the manufacturing capacity of the
nuclear fuel plant at Pitesti.
In addition, support was given to local community
development in Cernavoda town.
Cernavoda NPP Unit 2 Project
Cernavoda NPP Unit 2 Project is planed to be completed
and put into commercial operation in 2007. Unit 2 will
produce around 5.1 TWh/year, strengthening SN
Nuclearelectrica SA position on the electricity market.
For Romania, this will mean an increase of clean energy
share in electricity generation and maintaining an
acceptable degree of dependence on the import of
primary energy resources.
At the end of 2005, Cernavoda NPP Unit 2 was built in
proportion of 90.2%. The value of the activities
performed represented 86.1% of the Project budget as
per Unit 2 completion and commissioning contract,
while the incurred cost for this Project was around
606.7 million EUR.
In 2005, an important number of systems reached the
completion phase, respectively 154 systems were
completed, which means that 50% of the plant is
undergoing the commissioning tests phase.
The detailed design was completed and, further, the
work will focus on solving the site dispositions and on
the implementation of some design changes with
minimal impact on procurement of new equipment and
material.
Additional amount of equipment and materials identified
as necessary following either the completion of the
detailed design or following some invariable failures of
the equipment and materials stored in warehouses or
erected before the Completion Contract coming into
force, through the Addenda concluded with the main
parteners on site (AECL - Canada, ANSALDO - Italy,
NEXANS - France and GENERAL ELECTRIC - SUA).
17
Cernavoda NPP Unit 2 Project 2005 Achivements
January
Installation completion of the assembly
motor-pump (MP1) of the moderator
system
May
Installation of steam generators
nozzles for testing light water level
September
The system number 100 was
transferred from the Construction
Group to the Commissioning Team
November
Two of the greatest systems:
the service water and
intermediate cooling water were
transferred to the Commissioning
Team.
18
The five enhancing columns in the
DO2 tower were succesfully
completed.
December
The transfer program was succesfully
completed. 30 critical systems were
transferred to the commissioning
team. Thus, the transferred systems
reached the number of 154.
The traning process for three shift
supervisors and seven main operators
in the main control room to be
authorized by CNCAN came to an end.
These authorizations were necessary
for the operation of Unit 2.
The first amounts of heavy water for
the moderator systems were taken
over.
Cernavoda NPP Unit 3 Project
Current Status
Unit 3 is under preservation, with no progress since
1992. The overall completion ratio: almost 15%, mainly
civil works for Reactor Containment, Turbine Building
and Service Buildings. Only few equipment and
materials are already supplied. The Cernavoda site
continues to offer a good industrial environment and the
required infrastructure to support large size projects.
19
Prospects
The Unit 3 Project will be similar to Unit 1 and Unit 2.
In compliance with the Romanian Government’s
decision the Cernavoda NPP Unit 3 will be completed
through a Project Company with private, local or foreign
investors, without state guarantees.
Based on the approval of the Board of Directors,
SNN SA authorized Deloitte & Touche to prepare a
feasibility study, considering the alternative of a joint
venture, of private investors and SNN SA, by March 31,
2005.
The study, to be completed on March 2006, would also
assess:
• the fesability of including additionaly completion
of Unit 4 in the scope of the joint venture;
• completion of Unit 3 by SNN SA only from its own
resources.
Within this Project Company, SNN SA will be a minor
investor and the available assets of Unit 3 will represent
its contribution to the nominal capital.
Spent Fuel Storage Facility
The Cernavoda NPP’s spent fuel management policy is
the following:
• wet storage, in the reactor’s Spent Fuel Bay for
minimum 6 years
• interim storage, in the Dry Spent Fuel Storage
Facility for 50 years.
The first dry storage concrete module - MACSTOR’s
type - has a capacity of 2 years spent fuel plant
production and was commissioned in May, 2003.
The dry storage facility is located on the Cernavoda NPP
site about 700 meters far from the operational unit and
the transportation is achived through internal road that
allows keeping an integrated security system.
In 2005 the construction of the next two modules was
licensed by CNCAN.
20
Nuclear Fuel Plant - Pitesti
In 2005 FCN’s modernization program for doubling its
manufacturing capacity continued:
In October, the works to rebuild the electricity supply of
FCN began. The new system will ensure the necessary
energy supply for further developments on the factory,
and will also increase the operation safety.
CORPORATE
SOCIAL
RESPONSABILITY
Local Community Support
The Local Community Support Act for improving the
living conditions in the town of Cernavoda started in
1991, including a number of 21 objectives related to
the project of the Cernavoda NPP: urbanistic, social,
cultural buildings for the town, as well as dwellings for
the operation and executive staff of the nuclear power
plant.
Afterwards, eight of these objectives were abandoned.
For the year 2005 it was decided to proceed with the
works on three objectives included in the Social
Program, as follows:
• The waste water and sewage treatment station
scheduled to be completed in April 2007;
• The district heating system -the connection and
thermal generation point PT 17. The thermal point
was commissioned in late November 2005;
• The hospital having a capacity of 100 beds medical equipment that was taken over and
installed at the end of November 2005.
Other social & economic effects
• Provides over 1,870 jobs as SNN employees and,
on the long term, around 350 jobs for contractor
companies;
• Provides long term contracts for over 34
companies in the county of Constanta with a total
business figure of 60 mil. RON;
• Provides accommodation for over 570 plant
employees;
• Provides heating for more than 60% of Cernavoda
inhabitants at the lowest price in the country;
• Brought an important financial contribution to the
local and state budgets in 2005: equivalent of
693,300 USD and 10 mil. USD respectively.
21
EMERGENCY
PLANNING
Emergency Planning
So far, no CANDU nuclear power plants had events or
accidents threating public health and safety. Despite
the fact that these risks are minimised, as the plant is
equipped with emergency systems designed to prevent
and cope with such events, additional measures are
also taken for public and environment protection.
Among them, we would mention the emergency
preparedness, required by the national law as a
prerequisite for licensing the operation of a nuclear
power plant. Within the Cernavoda NPP, the emergency
preparedness is verified and improved through
quarterly, annual or general (once at three years) drills
simulating various conditions of a nuclear accident.
22
Begining with 1995, local, national and even
international drills were performed at the Cernavoda
NPP:
”AXIOPOLIS’95",
”SAFE
POWER’96",
”PHOENIX’97", “DOBROGEA’98", “DUNAREA ’99 ”,
“MILLENIUM’00”, ”AXIOPOLIS’01", “EURO’02”,
CHALLENGE ‘03”, “EUXIN’04” and “CONVEX-3 ’05”.
“CONVEX-3 ’05” was an international radiological
emergency drill attended by many international
organizations (EC, IAEA, UNEP/OCHA, WHO, WMO,
OECD/NEA, FAO, NATO/EADRCC, etc.) with
reponsabilities in this field and over 50 states. This drill
was organised in co-operation with the Romanian Public
Authorities, regulatory body (CNCAN) and the
international organizations mantioned above.
The drills allowed testing the emergency plans,
improving communication and activities involved in
radiological emergency. Prior the exercise important
information in case of an emergency were included in
booklets that were distributed, free of charge, to the
inhabitants of the areas neighboring the nuclear plant.
Cernavoda On-Site Emergency Control Centers
(COSECC) project, that has been developed in
co-operation with British Energy NNC International
Consulting (BENIC) experts has been continued.
The main objectives of this project are to improve the
emergency preparedness and response in accordance
with the best practices in European Union and to set up
two On-Site Emergency Control Centers (the main one
and an alternative).
An important aspect is that the new centers will
accommodate in very good conditions Cernavoda multiunit NPP emergency response. At the end of 2005 most
of the construction and commissioning work for the
Alternative Emergency Control Center have been
completed and the target date to declare it operational is
is 1st quarter of 2006.
In order to preserve good common experience and to
mantain the actual emergency arrangements with the
Public Authorities, SNN keeps a very good collaboration
with the national authorities in charge and Cernavoda
NPP with local authorities (Cernavoda Town and
Constanta County).
QUALITY
MANAGEMENT
SYSTEM
Quality Management System
NUCLEARLELECTRICA" SA has developed and
implemented an Overall Quality Management System
(QMS), based on Law 111/1996 requirements and
Romanian Quality Management Regulations (NMC
Series). The System establishes the requirements
related to all phases of the Cernavoda NPP including the
nuclear fuel manufacturing within Pitesti facilities.
The System is described by SNN SA Quality
Management Manual and appropriate procedures
referred to in the SNN SA's manual.
As per SNN SA Overall QMS requirements, each
subsidiary has developed specific Quality Management
Systems based on specific Romanian Regulation (NMC)
applicable for the specific phases and in compliance
with SNN SA's QMS.
Periodical QA meetings are held at the level of SNN SA
Head Office in order to identify any difficulties in
implementing QMS requirements at the level of
subsidiaries. SNN SA has provided the necessary
support to subsidiaries in order to solve any issue at the
interface with the Regulatory Body (CNCAN) and
ISCIR.
During 2005, the QA authorizations, as per the
requirements of Law 111, were renewed by CNCAN
and SNN SA. The operation License of the Cernavoda
NPP Unit 1 was also renewed during 2005 by CNCAN
based on comprehensive audits conducted at the level
of SNN SA Head Office and its subsidiary CNE PROD
Cernavoda.
The results obtained in the operation of the Cernavoda
NPP Unit 1- the capacity factor over 90% combined
with the success of the OSART Mission (only few
suggestions and recommendations) also show the
success of QMS implementation at the level of SNN SA
and its subsidiaries. These are also proved by "0"
defects recorded for four years consecutively for
nuclear fuel bundles manufactured by FCN Pitesti
(Nuclear Fuel Manufacturing Plant - SNN SA's
subsidiaries).
CNE Cernavoda Division received new responsibilities
related to the coordinate operation activities of the CNE
PROD Cernavoda and commissioning activities for U2
and cooperation between CNE PROD Cernavoda (U1)
and MT Commissioning (U2). The new responsibilities
at the interface between U1 and U2 were documented
within RD-A4 which was approved at the level of
CNCAN.
For "NUCLEARELECTRICA" SA the QMS improvement
represents a permanent preoccupation. For this purpose
we mention the following objectives:
• the general implementation of a self-assessment
system in all the organizational entities of SNN
SA, following the good results obtained through
this system within CNE-PROD Cernavoda;
• gradual conversion of QMS into an integrated
management system ready to meet CNCAN's
requirements and the requirements of ISO-9000,
ISO-14001/2004 and OHSAS-18001.
23
HUMAN
RESOURCES
AND
PERSONNEL
TRAINING
Human Resources and Personnel Training
The company is paying a permanent attention to the
improvement of training, qualifications and know-how
in order to ensure the stability and high specialization of
the personnel.
The efficiency of "Nuclearelectrica" S.A.'s activity
increased starting with 1999 by implementing a
restructuring program.
In the year 2005, the following aspects represented the
priority of the human resources policy:
24
• paying more attention to the professional training
programs dedicated to our employees by
increasing and diversifying the training fields and
by extending the man-hours training; in 2005 a
number of 1593 (out of a total of 2391
employees) attended training courses;
• getting the young employees involved in making
managerial decisions by periodical consultation;
• hiring young graduates with bachelor or master
degrees;
• building a harmonious relation with the unions our social partners; keeping them informed about
the management's decisions, which helped us
avoid any work conflicts.
Average number of SNN SA personnel
2391
2005
2004
2418
2003
2002
2308
2001
2301
2000
1999
2146
2286
2458
For improving our human resources policy and activity,
our specialists together with the IAEA experts reviewed
the organization chart considering two units under
operation; they suggested an organization structure that
will be final and get approved during the course of the
year 2006.
This key event added to other important ones that took
place in 2005:
• reorganizing additional activities by giving up to
some departments and by adding part of their
activities to the remaining departments, which
resulted in bringing down certain management
positions;
• for commissioning the Cernavoda Unit 2 during
the year 2005, 90 additional employees were
trained for the operation activity. At present, the
Unit 2 commissioning operation personnel, that
were fully trained, are in place ready to properly
accomplish their tasks.
PUBLIC
RELATIONS &
COMMUNICATION
Public Relations
Honesty, transparency, promptness, trust and respect
are the main characteristics of the SNN SA’s public
relations policy.
SNN SA also contributed to the development of some
events and participated in different conferences on
various topics, such as:
A considerable amount of printed materials such as
brochures, leaflets, information materials were issued
and distributed to the public, policy makers, opinion
leaders, media and the non-governmental organizations.
• Documentation and information visit for the
representatives of the Romanian institutions and
authorities, 31 May and 7 June respectively
• Debate on "The Prospectives on Nuclear Power in
Romania", Drobeta Turnu-Severin, 8 July
• Workshop on "Pollution - a Disturbing Factor for
the Quality of the Environment", Constanta , 7
July;
• The National Symposium on the Electric Power
Grid Reliability-SIG 2005", Sinaia, 26-30
September;
• Debate on the Investment in Environmental
Protection", Bucharest, October 19, 2005;
• Conference on "Clean Energy for Clean
Enviornment", Bucharest, 29 November
• NUCINFO 2005, Calimanesti - Caciulata, 8-9
December
A quartely Cernavoda 2 Newsletter underlining the main
aspects related to the Cernavoda NPP Unit 2 is provided
by the Management Team.
In 2005 within the “Open doors” program initiated by
the plant, 1,547 persons visited the Cernavoda NPP
Unit 1 and about 490 persons visited the Cernavoda
NPP Unit 2.
SNN SA paid great attention to the events dedicated to
nuclear power promotion. SNN SA was one of the main
leaders in organizing the “Romanian Nuclear Energy
Days”, including exhibitions and contests of drawings
made by children up to 17 years old.
Also, SNN SA was one of the main contribution to the
International Symposium on Nuclear Energy - SIEN
2005, on “Nuclear Power - New Challenge”.
Communication
Personnel’s motivation and information on the aspect
related to the specific activity they perform, creating
proper team working conditions, based on trust, respect
and mutual assistance, represent one of the main aims
of “SNN SA program for public information, advertising
and image”. Considering these aspects, « SNN SA
program for public information, promotion and image for
the year 2004 » provides a package of actions specific
for the inside communication:
• Organizing a visit for SNN SA personnel’s
headquarters to the Nuclear Fuel Plant from Pitesti.
25
INTERNATIONAL
COOPERATION
International Cooperation
26
"NUCLEARLELECTRICA" SA continues to be an active
player in international nuclear activities as a member of
specialized organizations and entities, such as WANO Atlanta Center (World Association of Nuclear
Operators) and COG (CANDU Owners Group) benefiting
from a continuous exchange of experience in the field.
SNN SA is also a member of the World Nuclear
Association (WNA) and Electric Power Research
Institute (EPRI). The company developed an effective
partnership within IAEA European co-operation
programs.
SNN SA is also involved in international agreements
concluded at governmental level with Japan (JEPIC),
Argentina (CONEA), Canada (AECL) in the nuclear
power
field:
commissioning,
operation
and
maintenance, nuclear fuel manufacturing and personnel
training.
SNN SA has continued its co-operation with the
traditional partners, AECL CANADA and ANSALDO
ITALY as well as with other partners and companies,
such as ALSTOM and NEXANS (FRANCE) GNERAL
ELECTRIC-UNITED STATES, KOREAN HYDRO and
NUCLREAR PONER (KHNP).
SNN SA'experts were actively involved in the works of
European professional organizations, such as
EURELECTRIC and FORATOM.
SNN SA was involved in organizind, or co-organizing
more international missions and seminars:
• Visit of the representatives of European Natural
Association for Nuclear Insurance (ENANI),
together with representatives of the SNN SA's
insurance broker MARSH CANADA, 29-30 March
2005
• Seminar on "Management risk role and mission
within a nuclear company", organized in
cooperation with Marsh Canada, SNN SA's
insurance broker, Bucharest, March 31-April1
• International technical session on "Liberalization
Process of the Electric Power Market and the
Impact on the Electric Power Plants Management
and Operation" organized in cooperation with
IAEA, Constanta, 19-22 April
• Visit of an EDF delegation, 4-6 July 2005
Foreign Technical Missions at Cernavoda NPP
2005
2005
2005
2005
2005
2005
January-February
March
OSART mission
AIEA on PSA External
events and Unit 2
April
WANO technical support
August-September WANO technical mission
during OUTAGE
October
AIEA technical support
December
WANO technical mission Health Physics and Safety
Practices
• The National Symposium on the Electric Power
Grid Reliability-SIG 2005", Sinaia, 26-30
September
• Nuclear Insurance Pool Members visit to
CERNAVODA NPP, 20-22 September 2005
• Regional Forum on "Leadership, large investment
projects and the visionaries of new Europe",
Bucharest
• The 32nd Annual Conference of STTR, Poiana
Brasov, 6-8 December
FINANCIAL
STATEMENTS
Audit Report
SNN SA financial statements were endorsed by the
PRICEWATERHOUSE COOPERS auditor in accordance
with the Orders of the Romanian Minister of Public
Finances No. 1827/2003 and No.1775/2004
respectively.
As presented in the financial statements, 2005 has
been a very good year for our Company. Financially this
has been illustrated by good operating results: the
Company increased the revenues from sales of energy,
both produced and traded, by 14.8% and realized an
operating profit of 41 RON million. In addition, the
Company reduced the level of trade receivables to two
months of sales, as compared to almost 6 months at 31
December 2004, and succeeded in repaying the entire
principal, part of accumulated penalties and interest due
on the debt to the Ministry of Finance.
The good operating results were offset by a financial
loss, which is mainly due to unrealized unfavorable
foreign exchange differences, resulting from the
revaluation of long term debt denominated in US dollar
('USD") and Canadian dollar ("CAD"), contracted mainly
for the finalization of the Nuclear Power Plant - Unit 2.
It is expected that this trend will reverse in 2006,
because the Romanian currency has strengthened
against the respective currencies in the first half of the
year. Furthermore, we trust that the Company's
revenues and results will continue to grow following the
start of operations for Unit 2, further improving our
cash flow, ability to service debt and strengthening our
financial position.
27
Balance Sheet
Lei
Caption
31.12.2004
31.12.2005
-
-
3,432,373
9,549,944
3,432,373
9,549,944
3,414,955,933
3,280,418,003
89,099,726
94,431,566
100,620,424
105,144,410
Assets
Non-current Assets
Intangible Assets
Start up expenses
Development costs
Concessions and other similar items
Goodwill
Advances for intangible assets
Total Intangible Assets
Tangible Fixed Assets
28
Buildings and land
Technological equipment
Other tangible fixed assets
Construction in progress
2,278,007,678
3,209,717,471
Total Tangible Fixed Assets
5,882,683,761
6,689,711,450
-
-
100
100
100
100
5,886,116,234
6,699,261,494
266,776,346
270,953,143
5,908,412
6,954,928
35,328,131
42,959,317
7,433,889
9,967,970
315,446,778
330,835,358
Non-current Financial Assets
Participation titles into group companies
Loans receivable from group companies
Participation titles
Loans receivable from participations
Long term financial investments
Other loans receivable
Own shares, non-current
Total Non-current Financial Assets
Total Non-current Assets
Stocks
Raw materials, materials, consumable & loose tools
Work in progress
Finished goods & merchandise
Advances for stoks purchase
Total Stocks
Balance Sheet
Lei
Caption
31.12.2004
31.12.2005
225,542,872
96,303,995
26,910,849
35,182,454
252,453,721
131,486,449
Accounts receivable
Trade receivables
Receivables from group companies
Receivables from participation
Other receivables
Debts/claims with the associates regarding capital
Total Accounts receivable
Current Financial Assets
Shares into group companies
Own shares, current
Other short term financial investments
Total Current Financial Assets
Cash
Total Current Assets
Prepayments
Total Assets
4,400
4,400
4,400
4,400
124,517,508
97,794,190
692,422,407
560,120,397
8,089,534
2,634,742
6,586,628,175
7,262,016,633
233,290,850
100,122,855
Liabilities and Equity
Current liabilities
Debentures, current portion
Loans, current portion
Advances from clients, current
Trade payables, current
Trade bills, current
4,708,364
233,455,453
247,208,905
632,919
84,116
312,879,001
269,230,779
780,258,223
621,355,019
873,707,172
1,879,634,767
Payables to group campanies, current
Payables to participations, current
Other liabilities (incl oth tax & empl rel), curr
Total Current liabilities
Non-current liabilities
Debentures, non-current portion
Loans, non-current portion
Advances from clients, non-current
Trade payables, non-current
29
Balance Sheet
Lei
Caption
31.12.2004
31.12.2005
Payable trade bills, non-current
Payables to group campanies, non-current
Payables to participations, non-current
Other liab (incl oth tax & empl rel), non-curr
Total Non-current liabilities
249,300,324
1,123,007,496
1,879,634,767
792,325,965
830,172,709
792,325,965
830,172,709
22,031
10,760
2,183,969
961,301,560
1,233,811,120
1,233,811,120
1,235,995,089
2,195,112,680
2,835,648,887
2,809,268,215
137,264
137,264
975,014,154
91,596,406
975,151,418
91,733,670
Provisions for Expenses
Provisions for pensions and other similar
Other provisions for expenses
Total Provisions for Expenses
Accrued income
30
Equity
Share capital
Unpaid in capital
Paid in capital
Regie's net worth
Total Share capital
Share capital premiums
Revaluation differences
Reserves
Legal reserves
Reserves for own shares
Statutory reserves
Other reserves
Total Reserves
Retained earnings/loss
1,155,781,116
1,165,271,187
Net Income
11,585,259
23,702,435
Profit appropriation
11,585,259
23,702,435
3,891,014,278
3,930,843,378
6,586,627,993
7,262,016,633
Public patrimony
Total Equity
Total Liabilities and Equity
Profit and Loss
Lei
Caption
31.12.2004
31.12.2005
527,837,685
578,824,039
718,136
27,655,123
528,555,821
606,479,162
Net Result After Tax
Net Result Before Tax
Result of continuing operations
Operating result
Operating revenues
Turnover
Production sold
Sale of merchadise
Subventions related to turnover
Total Turnover
Increase/decrease in finished goods stock
13,287,851
8,496,158
575,848
21,050,122
1,689,982
5,263,776
544,109,502
641,289,218
56,424,309
56,580,551
Other materials expenses
5,269,910
5,264,850
Utilities expenses
8,124,251
12,650,124
640,967
43,849,997
58,497,726
78,190,323
Revenues from fixed assets production
Other operating revenues
Total Operating revenues
Operating Expenses
Raw materials and consumables expenses
Merchandise expenses
Personnel expenses
Salaries expenses
Social security expenses
22,223,059
29,776,290
80,720,785
107,966,613
165,344,489
167,905,566
165,344,489
167,905,566
21,634,167
5,301,946
(21,634,167)
(5,301,946)
124,676,731
141,414,194
Expenses with other taxes and assim. payments
3,110,121
2,924,272
Fines, donations and disposed assets
5,770,154
5,146,751
133,557,006
149,485,217
Total Personnel expenses
Tangible non-current assets adjustment
Tangible non-current assets adjustment, expenses
Tangible non-current assets adjustment, revenues
Total Tangible non-current assets adjustment
Current assets adjustment
Current assets adjustment, expenses
Current assets adjustment, revenues
Total Current assets adjustment
Other operating expenses
Services rendered by third parties
Total Other operating expenses
31
Profit and Loss
Lei
Caption
31.12.2004
31.12.2005
2,942,883
3,753,504
Provisions for expenses adjustments
Provisions for expenses adjustments, expenses
Provisions for expenses adjustments, revenues
2,942,883
3,753,504
Total Operating Expenses
Total Provisions for expenses adjustments
431,390,433
542,154,476
Total Operating result
112,719,069
99,134,742
Financial Result
Financial Revenues
Revenues from participations
Revenues from other financial investments
32
Interest revenues
8,329,800
8,308,115
73,591,544
8,687,823
81,921,344
16,995,938
21,837,412
8,298,385
161,217,742
84,129,860
183,055,154
92,428,245
(101,133,810)
(75,432,307)
11,585,259
23,702,435
-
-
11,585,259
23,702,435
Total Net Result After Tax
11,585,259
23,702,435
Net Income
11,585,259
23,702,435
Other financial revenues
Total Financial Revenues
Financial Expenses
Financial investments adjustment
Financial investments adjustment, expenses
Financial investments adjustment, revenues
Total Financial investments adjustment
Interest expense
Other financial expenses
Total Financial Expenses
Total Financial Result
Total Result of continuing operations
Extraordinary result
Extraordinary revenues
Extraordinary expenses
Total Extraordinary result
Total Net Result Before Tax
Profit Tax
Other tax expenses
For National Romanian Bank exchange rates for EUR and USD are as follows:
1 EUR = 3.9663 Lei valid for 31.12.2004
1 USD = 2.9067 Lei valid for 31.12.2004
1 EUR = 3.6771 Lei valid for 31.12.2005
1 USD = 3.1078 Lei valid for 31.12.2005
Headquartes
010494 - Sector 1, Bucharest
65, Polona Street
P.O. BOX 22-102
Tel: +40 21 203 82 00; Fax: +40 21 316 94 00
E-mail: office@nuclearelectrica.ro
www.nuclearelectrica.ro
Branches
"CNE-PROD" Cernavoda
8625-Cernavoda
1, Medgidiei Str.
PO Box 42
Tel: +4 0241 238 610
Fax: +4 0241 239 679
E-mail: mserban@cne.ro
"CNE-INVEST" Cernavoda
8625-Cernavoda
3, Medgidiei Str.
PO Box 1
Tel: +4 0241 239 962
Fax: +4 0241 239 266
E-mail: marculescunv@cne-u2.ro
"Fabrica de combustibil nuclear" Pitesti
115400 Mioveni, Jud. Arges
1 Campului Str.
PO Box 1
Tel: +4 0248 260 160
Fax: +4 0248 262 499
E-mail: fcn@fcn.ro