Bogdan Tudorache

For the current year, the Board of Directors of Electrica approved investments worth over 678 million lei (more than 141 million euros), according to a report submitted to the Bucharest Stock Exchange.

”During the meeting held on 26 February 2020, the Board of Directors approved the consolidated value of the Investment Plan (CAPEX) of Electrica Group for 2020, in total amount of RON 678.2 mn. Out of this value, RON 597 mn represents the investment plan (CAPEX) of the distribution subsidiaries,” reveals the report.

”We mention that the planned value of the investments that must be commissioned during 2020 by the distribution operators of Electrica Group is RON 606.2 mn, of which RON 13 mn represents investments related to 2019,” it adds.