Electrica announces 10% net consolidated profit drop
Bogdan Tudorache In 2019, the Electrica Group achieved a net consolidated profit of RON 207 million, up 71.2% compared to…
Electrica posted net profit down 13.5% for 2019
Electrica SA reported an individual net profit (preliminary and unaudited) decreasing by 13.5% in 2019 compared to 2018, to 257.7…
Electrica will invest 141 million euro in 2020
Bogdan Tudorache For the current year, the Board of Directors of Electrica approved investments worth over 678 million lei (more…
VIDEO Conference ONLINE Spring Cocktail 2020: Energy forecasts for the year
On April 14, from 4 pm to 6 pm, Energynomics invites you to Spring Cocktail, a traditional event which for the first time will happen in an ONLINE CONFERENCE format this year! We aims at discussing the current business trends in the energy industry and the connected sectors, but also the options that companies in…
Digital automation will continue at rapid pace – how ready are we?
On February 18, over 20 speakers and more than 250 participants in the audience, constituted the largest conference so far…
Competition investigates Transgaz on organizing cartel offences regarding the participation in auctions
The Competition Council is currently examining whether Transgaz had a responsibility in organizing cartels that included companies that agreed upon…
Havrileț: Ministry of Economy seeks to list 10% of Hidroelectrica, other stocks may be targeted
Bogdan Tudorache Ministry of Economy, Energy and Business Environment (MEEMA) is pursuing the listing of 10% of Hidroelectrica, state secretary…
Electrica announces the reduction of distribution tariffs by 1.7-1,8%
Bogdan Tudorache Electrica announced the reduction of electricity distribution tariffs starting January 16, by 1.7 or 1.8%, according to a…
Corneliu-Bogdan Marcu, new member of the Transelectrica board
Bogdan Tudorache Corneliu-Bogdan Marcu accepted on Friday, January 10, the provisional membership of the Transelectrica directorate, a company report shows.…
ANRE reduces electricity transmission and distribution tariffs, as a result of eliminating the 2% contribution
The National Energy Regulatory Authority (ANRE) will reduce electricity distribution and transportation tariffs with weights between 1.7% and 1.9%, starting…
Former director of Electrica, Ioan Folescu, resigns from the mandate of Transelectrica
Bogdan Tudorache Former director of Electrica, Ioan Folescu, criminally investigated for possible damages to Electrica company, resigned from the Transelectrica…
C. Popescu: It is very important for Romania to remain a liquid market, with a fair price mechanism
Bogdan Tudorache Romania needs more investments in production, otherwise it risks becoming a long-term net energy importer, says Corina Popescu,…
Electrica is diversifying, it wants to have its own energy production
Bogdan Tudorache Electrica has already submitted offers for some assets in the market and is looking for diversification by starting…
Niculae Havrileţ, State Secretary at the Ministry of Economy; Sevil Shhaideh, released from office
Bogdan Tudorache Niculae Havrileţ was appointed State Secretary at the Ministry of Economy, Energy and Business Environment, by a decision…
Government submitted through SAPE several offers for CEZ assets
Romanian Government submitted through SAPE – the Company for the Management of Energy Assets earlier this week several offers to…
Electrica sued its former management
Electrica has sued a part of the former directors and administrators for recovering a damage found by the Court of…
Hidroelectrica and Nuclearelectrica will also be the main losers of the liberalization of the energy market
From January 1, 2020 until June 30, the suppliers of last resort (Enel, Electrica, CEZ and E.On) will receive only…
ASF has approved the prospectus for the increase of the share capital of Electrica
The Financial Supervisory Authority approved on Wednesday the simplified prospectus related to the issuance of a maximum number of up…
The energy market needs new mechanisms and flexibility of network integration (EBC, October 9)
Suppliers, regulators, energy producers from renewable sources, financiers, together with service and equipment vendors met on October 9 for the…
Electrica management approved the agenda for the increase of the share capital
The Board of Directors of Electrica approved the agenda prepared in connection with the increase of the share capital of…
Electrica has approved the increase of the company’s capital by 6 mln. lei
The Board of Directors of Electrica approved on Friday the increase of the share capital of the company with an…
Electrica sues former directors for recovering damages worth about 283 million lei
Electrica Group submits to the approval of the shareholders a new proposal in order to go to court against former…
The deregulation of the electricity market will be phased
The Bucharest executive has elaborated the way and timing of deregulation of the electricity market that will be sent to…