The company’s local earnings before interest, taxes, depreciation and amortization, or EBITDA, rose to EUR289 million in 2013, from EUR231 million in the previous year.

Enel expects its Romanian EBITDA will rise around 4% to EUR300 million in 2014. The Italian utility has scheduled investments of approximately EUR100 million on the local market this year.

Enel serves 2.6 million customers in Romania.

Worldwide, the Italian utility posted EBITDA of EUR17 billion, up 7.6% year-on-year.

However, overall revenue declined 5.2% to EUR80.5 billion in 2013, from EUR84.9 billion a year earlier.

Subiecte #ENEL#RESULTS