The company’s Board is currently run by Marius Eugen Untescu (director within the Economy Ministry) and the other members include Ioan Rosca (general manager of Electrica), Constantin Dinescu, Nicolae Plesa and Rares Ioan Popescu (adviser to minister delegate for energy).
Electrica raised RON1.95 billion (EUR444.3 million) at the June IPO, which was the largest public offering on the Romanian capital market to date. The company sold 177.18 million shares and GDRs at RON11 a share and $13.66 a GDR, respectively.
At around 12 pm Tuesday, Electrica traded up 0.5% at RON11.03 a share in Bucharest. (EUR1=RON4.4250)