Romanian electricity producer Energy Complex (EC) Oltenia recorded a gross profit in the amount of 57 million euros in the first five months of the year, after a loss of some 5 million euros in the same period last year, mostly as a result of an increase in coal production (20 %) and electricity production (25 %).
The company’s turnover in the first five months of 2017 was about 30 % higher than in the same period in 2016. During this period, EC Oltenia operated an average of eight power units, covering a share of up to 30 % of the energy market and about 30 % of the system services required at the national level.
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