Romania:
<http://www.blackenterprise.com/yb/ybopen.asp?section=ybbf&story_id=10331663
6&ID=blackenterprise> Public Debate Launched on Building More Reactors at
Nuclear Plant
2007-02-16
BBC Monitoring European


Text of report in English by Romanian news agency Rompres 

Bucharest, 16 February: The Ministry of Economy and Trade (MEC) has launched
on Friday 16 February a public debate on the draft decision as regards
investments' implementation in units 3 and 4 from Cernavoda Nuclear Power
Station (CNE), MEC informs on its website. 

According to the draft of this normative act, investors wishing to
participate in the construction of these units must meet participation
preconditions and needed solvency and secure participation with cash to the
share capital of the newly set up commercial company, proportionate with
each entity's participation to the share capital, but not less than 50
million euros per investor. 

In line with this draft, investors are to be attracted in the implementation
of units 3 and 4 at Cernavoda through the establishment of a commercial
company, a corporate entity under private law jurisdiction, set up in line
with legislation in force in Romania. The future commercial company is to
operate on the electricity market as an independent power producer. 

(c) 2007 BBC Monitoring European.
 
----------------------------
 
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"Noble blood is an accident of fortune; noble actions are the chief mark of
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