Nuclearelectrica shareholders reject SMR strategy review, keep Doicesti plan

Shareholders of Romania's state‑controlled nuclear operator Nuclearelectrica voted against a proposal to reevaluate the development strategy for the Small Modular Reactor (SMR) project at Doicesti. The motion, which sought to benchmark alternative SMR technologies and expand possible sites, was rejected, meaning the company will continue with the original 2022‑approved plan that relies on American‑made NuScale modules.

Nuclearelectrica and its partner RoPower Nuclear will maintain commercial negotiations with NuScale and continue discussions with the Ministry of Energy on financing and other conditions. The shareholders also voted down the creation of a foundation for training young nuclear professionals, a move the company called a “significant missed opportunity.” Prime Minister Ilie Bolojan has warned that the Doicesti project faces “serious feasibility and financing problems,” citing over $240 million already spent.

The company said it will present a detailed report requested by the Ministry and will provide an update on negotiations in September 2026.