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Bucharest
November 30, 2021
BUSINESS

Will the production of heavy water for the nuclear industry be given up?

The creditors of the Romanian Authority for Nuclear Activities (RAAN) met early this week at the central headquarters of the company in Drobeta Turnu Severin, their goal being to propose the approval of the layoffs plan set up by the special trustee, a plan that entails the Authority’s controlled shut down.

Alexandru Tanase, leader of the Romag Termo Trade Union, stated on Tuesday that the plan was approved by creditors. Thus, according to the document, 1,525 employees will be laid off on October 1 and another 520 on 31 March 2016.

Also during the meeting, the representatives of the Tudor & Associates company, RAAN’s trustee in bankruptcy, pointed out that from the moment RAAN became insolvent and until the end of June the company accumulated debts of RON 311,982,135. The debts are owed toward coal supplier Oltenia Energy Holding, the state budget, coal transporters, electricity transmission operators and utilities operators.

RAAN owes the biggest debt to the Oltenia Energy Holding – RON 128,582,978.

The report presented by RAAN’s trustee in bankruptcy shows that the Authority had on stock, at the end of June, a significant quantity of heavy water valued at RON 322,722,023.

The measures taken during the creditors’ meeting represent another step toward the shutting down of the production of heavy water used in nuclear power plant reactors. It is worth emphasizing that at

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