News

Government got over 100 million euros in dividends from Enel – Romania, 27 February 2020

The Ministry of Economy and Energy, through the Management Company for Ownership in Energy (SAPE), negotiated getting over 100 million euros as an extraordinary dividends from three companies in the Enel Group in which SAPE is a minority shareholder. The dividends were distributed from the report Full article available for subscribers of Energy NEWS service […]

Electrica to invest over 141 million euros in 2020 – Romania, 27 February 2020

The Board of Directors of Romanian electricity supplier and distributor Electrica approved investments worth over 141 million euros for this year. The report published on the Bucharest Stock Exchange, shows that out of total amount allocated for investments in 2020, some 125 million euros will re Full article available for subscribers of Energy NEWS service […]

Nuclearelectrica recorded 32 % higher profit in 2019 – Romania, 27 February 2020

Romanian electricity producer Nuclearelectrica, operator of the country’s sole nuclear power plant Cernavoda, recorded a net profit in the amount of 112.5 million euros in 2019, which is 31.7 % higher compared to the previous year. The company’s revenues rose to 495 million euros in 2019, which i Full article available for subscribers of Energy […]