Romania's Nuclearelectrica slashes 2026 profit target by 43% assuming it resumes operations on November 1

Nuclearelectrica, Romania’s state-owned nuclear power producer, has revised its 2026 profit target downward by 43%. The adjustment follows unplanned shutdowns of the company's two reactors, which are expected to resume operations by November 1, 2026.

The company estimates that these operational disruptions will result in a revenue decline of over 18.4%, equivalent to more than RON 991 million, compared to the previously approved budget. The shutdowns have also led to a projected production decrease of more than 25%, or 2,337 GWh, impacting the firm's financial outlook for the year.