Hidroelectrica’s profit up 46% in H1, as revenue increases 42%
Hidroelectrica, the main electricity producer in Romania and one of the most profitable state-owned companies, reported in the first half…
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Gazprom’s profit plunged by 40% in 2022, the payment of annual dividends was canceled
Gazprom said on Tuesday its 2022 net profit fell more than 40%to 1.266 billion rubles ($15.77 billion) from 2.093 billion…
Energy price boosts Engie’s profit in the first quarter of 2023
French energy company Engie on Thursday reported a rise in quarterly earnings on the background of higher energy prices in…
Transgaz reported a 144% increase in net profit at nine months
Transgaz reported a net profit of 273.559 million lei after the first nine months of this year, 144% higher compared…
Hidroelectrica’s profit increased by more than 55% in H1
Hidroelectrica’s net profit increased by more than 55% after the first six months, amid the doubling of energy prices. Thus,…
Romgaz and Nuclearelectrica will transfer only 50% of the profit to the state
Romgaz and Nuclearelectrica, vital for Romania’s electricity and natural gas supply and with massive ongoing investment projects, will be exempted…
Romgaz’s profit increases by 52% amid rising gas prices
SNGN Romgaz SA posted a preliminary net profit of 1.90 billion lei for 2021, up 52% compared to the previous…
Dumitriu, Chimcomplex: Profit margin is affected, we will optimize expenses, investments continue according to plan
The rise in commodity prices does not affect Chimcomplex’s ambitious investments, so it will double its production capacity in the…
Accenture: Companies that have strong sustainability DNA generate 21% more profit
New research from Accenture and the World Economic Forum uncovers the capabilities that C-Suite leaders need to build sustainable organizations…
Evergent sells half of its stake in Nuclearelectrica
The Evergent investment fund sold half of its stake in SN Nuclearelectrica in June of this year and made a…
Transelectrica has halved its profit estimates for this year
Transelectrica is asking shareholders to review its revenue and expenditure budget for this year, anticipating that the profit will be…
FP: Net profit of 1.8 bln. lei in H1, mainly due to OMV Petrom and Hidroelectrica
Fondul Proprietatea achieved a net profit of 1.8 billion lei in the first half of 2021 (H1), compared to a…
Mol Group’s Q2: Strongest quarter ever, full-year guidance upgraded
Today MOL Group announced its financial results for H1 and Q2 2021. In the first six months MOL Group delivered…
Energy Minister: OMV can’t sell Petrom shares without the consent of the Romanian state
OMV cannot sell the shares from Petrom to another company without the consent of the Romanian state, wrote on Facebook…
Transgaz keeps last year’s dividend at 50%
Bogdan Tudorache The Ordinary General Meeting of Transgaz Shareholders decided on Monday, July 26, to keep the value of the…
Hidroelectrica proposes its shareholders dividends worth 1.28 bln. lei
Hidroelectrica proposes to its shareholders dividends worth 1.28 billion lei, which would be approved at the General Assembly, convened for…
Electrica Group – net profit of 388 million lei (+87,5%) in 2020
Electrica Group obtained a consolidated net profit of 388 million lei in 2020, up by 87.5% (181 million lei) compared…
Romgaz’s net profit rose 15% in 2020, despite declining gas sales
Romgaz obtained a net profit of 1.25 billion lei last year, up 15.14% compared to 2019, but the company’s turnover…
Nuclearelectrica’s 2020 net profit rises 28%
Nuclearelectrica finished last year with a net profit of 684.7 million lei, which, therefore, increased by about 27.8% compared to…
Transelectrica’s net profit increased by 18% in 2020
Transelectrica achieved in 2020 a net profit of 114 million lei, 18% higher than the one obtained in the previous…
Romgaz reported a net profit of 941 million lei in nine months, down 20%
Romgaz Group registered in the first 9 months of 2020 a turnover of 2.9 billion lei, down by 23.01%, respectively…
Romgaz could enter foreclosure procedures for not paying dividends to the state
Romgaz estimates that it may enter enter foreclosure procedures by the National Agency for Fiscal Administration (ANAF) for not paying…
Nuclearelectrica achieved a 14.8% increase in profit in the first nine months
Energy producer Nuclearelectrica posted a profit of 477.6 million lei in the first nine months of this year, 14.8% more…