Tag: Enel

Enel reverted its decision on the sale of Romanian assets – Romania, 20 May 2020

According to Romanian media, Italian energy group Enel is no longer interested in the sale of its assets in Romania. However, the company refused to make any official comment, just like it previously refused to comment discussions regarding the sale of minority stakes in its Romanian subsidiaries. Full article available for subscribers of Energy NEWS […]

Enel Romania reported tripled profit in Q1 2020 – Romania, 08 May 2020

Italian Enel, one of the largest investors in the Romanian energy sector, said that its Romanian subsidiary recorded earnings before interest, taxes, depreciation and amortization in the amount of 61 million euros in the first quarter of 2020, compared to 21 million euros in the same period last yea Full article available for subscribers of […]

Enel Romania recorded significantly lower profit in 2019 – Romania, 24 March 2020

The Italian group Enel announced that its Romanian operations recorded a net profit, before the payment of interest and taxes, of 54 million euros, which is a decrease of 42.5 % compared to the previous year, mainly as a result of the increase of the losses recorded in the supply segment of electric Full article […]