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Radu si Asociatii Advises S.N. Nuclearelectrica on Take-Over of Uranium Oxide Processing Line

Radu si Asociatii Advises S.N. Nuclearelectrica on Take-Over of Uranium Oxide Processing Line

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Radu si Asociatii has advised S.N. Nuclearelectrica S.A. on the acquisition of a uranium oxide processing line from Compania Nationala a Uraniului S.A., Feldioara Branch. The transaction is subject to regulatory approval and closing conditions agreed upon by the parties.

According to Radu si Asociatii , “the strategic decision to acquire a part of the Feldioara assets necessary for the processing of the raw material took into account the need for integrated production capacities at the level of S.N. Nuclearelectrica S.A. and, equally, ensuring the production of fuel bundles and the optimal operation of FCN Pitesti and CNE Cernavoda, in the context of expanding the capacity of the nuclear power plant, and maintaining the nuclear fuel cycle at national level, at an advantageous transaction cost.”

Radu si Asociatii’s team included Director Andrei Stefanovici, Managing Associate Anca Atanasiu, and Senior Associates Alexandra Constantin, Irina Bica, and Ana Flueran.

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