The company was set up through the merger between energy producers Craiova, Rovinari, Turceni and mining company Societatea Natională a Lignitului Oltenia.
CE Oltenia produced 5 TWh of electricity in the fist half of the year.
The company is controlled by the Economy Ministry, with a 77.17% stake, and investment fund Fondul Proprietatea (FP.RO), which holds 21.53% of the shares.
CE Oltenia expects revenues of RON6.19 billion this year and net profit of RON151.2 million.