Dan Ionescu Named Romania's EnergoNuclear GM

Dan Ionescu, a director within Romania’s Energy Watchdog ANRE, was named general manager of EnergoNuclear, the joint venture that will build nuclear reactors 3 and 4 at Romania’s nuclear power station Cernavoda, people close to the matter told MEDIAFAX Thursday.

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EnergoNuclear shareholders held Thursday their first general meeting.

Economy Ministry secretary of state Tudor Serban was appointed as Chairman of the Board, the ministry said in a press release, which also confirms Dan Ionescu was named the company's general manager.

Silvia Damian will be EnergoNuclear's economic manager, while Mircea Gheorghiu will be the tehnical manager, the statement also said.

EnergoNuclear is formed of Nuclearelectrica, the state-owned company which operates the Cernavoda plant, Italy’s Enel, Gaz de France’s unit Electrabel, Czech CEZ, Spain’s Iberdrola, Germany’s RWE and ArcelorMittal Romania.

The construction of the two nuclear reactors, estimated at EUR4 billion, is due to start in 2010-2011. Each reactor will have an installed power of 720 MW and they should be operational as of 2015-2016.

Nuclearelectrica owns a 51% stake in the joint venture in charge with the construction of the two reactors.

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