Dafora goes back in black: Profit of 1 million euro in H1, revenues increase 17%
Bogdan Tudorache Dafora Mediaș reports going back into black, with a net result for the first six months (H1) of…
Hidroelectrica: The net profit decreases by 8%, due to additional taxation
The turnover of Hidroelectrica increased, in the first semester (S1) 2019, by 17.9% compared to S1 2018, up to 2,349.3…
CE Oltenia: Gross profit up 438%
On July 30, 2019, the Oltenia Energy Complex registered a gross profit of 188.98 million lei (+438%) and a turnover…
Conpet’s net profit increased by 44.2% in the first half, to 31.18 million lei
The national carrier of oil and petroleum products Conpet obtained a net profit of 31.180 million lei in the first…
OMV Petrom posted a net profit growth of 53% in H1
OMV Petrom posted a net profit increase of 53% after the first half of this year (H1), the net result…
Russia’s Lukoil says Q1 net profit up 37% y/y, helped by weaker rouble
Russia’s No.2 oil producer Lukoil posted a 37 percent rise in first quarter profit to 149.2 billion roubles ($2.3 billion),…
Gazprom boosts first-quarter profit 44% despite lower gas sales
Russia’s state-owned gas giant Gazprom increased its first-quarter net profit by 44 per cent over the previous year as higher…
Nuclearelectrica: Net profit up 24% in Q1
Nuclearelectrica (SNN) achieved a net profit of 219.285 thousand lei in the first quarter, up 23.9% over the same period…
Enel group announces a net ordinary income up 11.3% in Q1
Enel Group announced revenues worth 20,891 million euro (as opposed to 18,946 million euro in the first quarter of 2018,…
Romgaz profit will be nearly 30% lower in 2019
Romgaz (SNG), the largest producer and the main natural gas supplier in Romania, has budgeted revenues of 5 billion lei…
Rompetrol Rafinare will go back in black this year
Rompetrol Rafinare estimates a gross profit of USD 5 billion, an EBITDA of 192 million and a net profit of…
Electrica will present its new five-year strategic plan in July
Electrica has a few months to digest the impact on the costs of the latest regulations, and will give shareholders…
Electrica announces consolidated profit up 34% in 2018, but legislative context will halve it in 2019
Although consolidated profits increased in 2018 by 34% in 2018, for 2019 Electrica estimates a 47% decline in consolidated profit.…
Electrica, net consolidated profit up by 34%
Electrica announced a net consolidated result of 230.4 million lei, up 34.3% as compared to 2017, according to unaudited preliminary…
Hidroelectrica recorded new record profit in 2018, says Fondul Proprietatea
Hidroelectrica recorded a new record profit of 1.55 billion lei in 2018, according to Fondul Proprietatea. “According to the preliminary,…
Romgaz: 2018 net profit declined by 22%, production and investment grew
Romgaz recorded a net profit of 1.4 billion lei in 2018, 22% less than in 2017, with a turnover of…
Profit capped at 5% for electricity produced for households in portfolios of the suppliers of last resort
The National Regulatory Authority for Energy – ANRE approved Order no. 10/2019 on Pricing methodology for electricity sold by producers…
