In 2011, the company’s EBITDA was EUR205 million.

Enel Romania, the local unit of Italy’s utility Enel, reported total revenue of EUR1.032 billion last year, up 6.5% from EUR969 million in 2011.

“The increase was mainly fueled by higher prices,” Enel Romania general manager Luca D’Agnese told a news conference.

Enel plans investments of EUR542 million in network optimization during 2013-2017, the company said in a statement.

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