Tag: Hidroelectrica

Hidroelectrica to record lower profit due to GEO 114 – Romania, 18 June 2019

Romanian electricity producer Hidroelectrica claims that Government’s Emergency Ordinance GEO 114 adopted in late 2018 will significantly affect the profitability of the company and developed three different scenarios depending on the extent to which it will have the obligation to comply with the re Full article available for subscribers of Energy NEWS service (PDF publications, […]

Hidroelectrica sold 17.4 GWh of electricity in 2018 – Romania, 14 June 2019

The largest Romanian electricity producer Hidroelectrica sold a total of 17.4 GWh of electricity in 2018, which is about 4 TWh more compared to the previous year. Thus, the company achieved sales revenues in the amount of 780 million euros, some 210 million euros more than in 2017. 85 % of electr Full article available […]

Hidroelectrica’s CEO appointed for a full 4-year mandate – Romania, 10 June 2019

CEO of Romanian electricity producer Hidroelectrica Bogdan Badea has been appointed for a full 4-year mandate after several temporary mandates. The company’s Board of Directors has five members: Bogdan Badea, Marian Bratu, Razvan Pataliu, Radu Cristian Pop and Cristian Vladoianu, whose 4-year man Full article available for subscribers of Energy NEWS service (PDF publications, energy […]