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Societatea Nationala Nuclearelectrica SA: Overview

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Societatea Nationala Nuclearelectrica SA (SNN) is a state owned power generating company. It generates nuclear power and heat using nuclear fission and also produces nuclear fuel. SNN is the only company producing electricity based on nuclear technology in Romania. The company also produces nuclear fuel bundles, CANDU type that is used in the operation of its nuclear reactors. It operates two plants namely, Cernavoda nuclear power plant and nuclear fuel plant in Pitesti. SNNs Cernavoda nuclear power plant offers hot water to the Cernavoda community for district heating. The company also coordinates the investment-development activities as well as the human resources training and optimization. SNN is headquartered in Bucuresti, Romania.

Headquarters Romania

Address Str. Polona, Nr. 65, Sectorul 1, Bucuresti, 010494


No of Employees 2,011

Industry Nuclear Energy

Ticker Symbol & Exchange SNN (BSE)
Revenue (2020) $577.1M 2.8% (2020 vs 2019)

EPS XXX

Net Income (2020) XXX 30.4% (2020 vs 2019)

Market Cap* $2.7B

Net Profit Margin (2020) XXX 26.9% (2020 vs 2019)

* As of and is in US$

Products and Services

Products Services
Electricity Human Resource Optimization
Nuclear Fuel Development Programs for Nuclear Fuel Based Generation Stations and Projects
Thermal Energy
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2021 Acquisitions/Mergers/Takeovers In March, the company completed the acquisition of a uranium oxide processing line from Compania Nationala a Uraniului S.A.
2021 Contracts/Agreements In March, the company agreed to acquire assets from National Uranium Company.
2021 Contracts/Agreements In February, the company and Laurentis Energy Partners entered into an agreement to support refurbishment at Romania’s nuclear station in Cernavoda.
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Competitor Comparison

Key Parameters Societatea Nationala Nuclearelectrica SA AES Tiete SA Asociatia Romana Energia Nucleara Horia Hulubei National Institute of Physics and Nuclear Engineering Iberdrola Renewables Romania S.R.L.
Headquarters Romania Brazil Romania Romania Romania
City Bucuresti Sao Paulo City Bucuresti Bucharest Bucharest
State/Province - Sao Paulo Bucuresti Bucharesti -
No. of Employees 2,011 454 - - -
Entity Type Public Private Private Institution Private
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Executives
Name Position Board Since Age
Cosmin Ghita Director; Chief Executive Officer Executive Board 2019 31
Sorin Popescu Interim Manager - FCN Pitesti Subsidiary Senior Management - -
Dan Bigu Director - Sucursala CNE Cernavoda Senior Management - -
Teodor Minodor Chirica Director Non Executive Board 2019 74
Tudorache Iulian Robert Director Non Executive Board 2018 45
Non Dignissim Eros Proin vel Convallis 2021 XX
Non Dignissim Eros Proin vel Convallis 2021 XX
Non Dignissim Eros Proin vel Convallis 2021 XX
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