Increased interest for state companies, as state forces payment of 90% of profits as dividends
In the last weeks, the quotations for utilities were animated by the decision that obliges the state companies to distribute…
Electrica recruits Chief Strategy Officer
Electrica SA announces on its website that it is looking for high level professional for the executive team, for the…
Electrica and OMV Petrom launched their pilot project in fast charging for electric vehicles
Electrica and OMV Petrom Marketing inaugurated their first system of fast charging for vehicles, part of a pilot project in…
Winter command team in Braila: 40 towns, 50 people and three days
After a grueling three-day work, the winter command team in Braila managed to solve electrical failures in 40 localities. People…
Electrica to invest about 190 million euro in 2017
Electrica, the owner of three of the eight regional companies for distribution of electricity, has planned for next year EUR…
Electrica: Operating profit up 12% at 9M, in spite of 7% cut in supply price
The amount of electricity supplied by Electrica increased by 6.7% in the first nine months of the year (9M), and…
Fondul Proprietatea negotiates the exit from Engie, Enel and Electrica subsidiaries
Fondul Proprietatea (FP) currently negotiates the sellout of share packages it owns in Engie, Enel and Electrica subsidiaries, and deals…
Electrica borrows 71 mln. euro from BRD to finance the cash shortage resulting from investments
Electrica faces a cash deficit due to investments, so it borrowed 320 million lei (about 71 million euro) from BRD.…
Dan Catalin Stancu, the new elected General Director of Electrica
The Electrica S.A. Board of Directors has appointed Dan Catalin Stancu in the position of General Manager. He will assume…
Energy companies disappointed stock exchange investors; no growth prospects for the moment (analysis by Tradeville)
Local producers have further marked falls in revenues and profitability, failing to capitalize on the opportunities in international markets, where…
Electrica: Net profit up 21% in H1 due to increased supply
Electrica Group registered in the first half of 2016 a consolidated net profit of 336 million lei, up by 59…
Electrica admits that there is conflict of interest, “analyzes its elimination”
Electrica recognizes that there are still cases marked by conflict of interest within the company, but it is “currently investigating…