Tag: Electrica

Electrica to distribute 50 million euros as dividend for 2020 – Romania, 30 April 2021

The shareholders of the Romanian electricity supplier and distributor Electrica agreed on the distribution of some 50 million euros in total as dividend from last year’s net profit. This represents a 5.4 % yield based on the current share value. For 2021, Electrica estimates for 2021 a consolidat Full article available for subscribers of Energy […]

Fitch affirms Electrica’s BBB rating with negative outlook – Romania, 23 April 2021

Fitch Ratings has reaffirmed the corporate rating of Romanian electricity distributor and supplier Electrica of BBB with a negative outlook. The negative perspective is imposed by the sovereign rating of Romania, as Fitch considers that the rating of the company must be limited to one notch above Full article available for subscribers of Energy NEWS […]

Competition Council investigates CEZ, Electrica for anti-competitive practices – Romania, 15 April 2021

Romanian Competition Council said that it has performed unannounced inspections at the headquarters of electricity distributors and suppliers CEZ and Electrica over anti-competitive practices, namely preventing the switch of customers from one supplier to another. According to Romanian media, the Full article available for subscribers of Energy NEWS service (PDF publications, energy news, analyses, power […]