Bosoanca took over as Board Chairman in July 2020, replacing Valentin Radu who had resigned from this position in 2018. In December 2021, his term was extended by one year.
Electrica ended the first nine months of 2022 with a consolidated net profit of RON533.7 million, up 640.8% on the year, and revenue of RON7.2 billion, up 44.4% on the year, as per data from the company’s quarterly financial report sent to the Bucharest Stock Exchange.
Including other revenue, Electrica had an operating income of RON10.2 billion in Jan-Sept 2022, higher by RON5.06 billion or by 98.1% from the same period of 2021. Its EBITDA stood at RON1.1 billion, higher by RON639 million on the year.
The company has a market capitalization of RON2.6 billion and is 49% held by the Romanian State.