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Hidroelectrica Net Profit Grows Almost 2.2-Fold To EUR430M In 1H/2021
Energy

Hidroelectrica Net Profit Grows Almost 2.2-Fold To EUR430M In 1H/2021

Romanian state-owned hydropower producer Hidroelectrica ended the first half of 2021 with a net profit of RON2.1 billion (EUR430 million), almost 2.2-fold higher than in the same period in 2...

Ecaterina Craciun · 31.08.2021 · 14:55 · 2 min
MW Green Power Export Lists New Bond Issue On Bucharest Stock Exchange
Capital Market

MW Green Power Export Lists New Bond Issue On Bucharest Stock Exchange

Photovoltaic energy producer MW Green Power Export listed on Tuesday (August 31) its second issue of bonds on the Multilateral Trading System (MTS) of the Bucharest Stock Exchange (BVB), und...

Ecaterina Craciun · 31.08.2021 · 12:34 · 2 min
Nuclearelectrica Sells RON268M Worth Of Electricity To Enel Energie
Energy

Nuclearelectrica Sells RON268M Worth Of Electricity To Enel Energie

Romania's nuclear power producer Nuclearelectrica (SNN.RO) said in a stock market report Tuesday that it concluded a contract worth RON267.3 million with Enel Energie.

Ecaterina Craciun · 31.08.2021 · 12:07 · 1 min
MW Green Power Export’s RON4.4M Bonds Start Trading On Bucharest Stock Exchange On Aug 31
Capital Market

MW Green Power Export’s RON4.4M Bonds Start Trading On Bucharest Stock Exchange On Aug 31

The Bucharest Stock Exchange on Friday announced that new bonds issued by MW Green Power Export, a producer of photovoltaic electricity, will start trading on the Multilateral Trading System...

Ecaterina Craciun · 27.08.2021 · 14:19 · 1 min
Moody's Reconfirms Transelectrica's Ba1 Rating, With Positive Outlook
Companies

Moody's Reconfirms Transelectrica's Ba1 Rating, With Positive Outlook

International rating agency Moody's Investors Service (Moody's) has reconfirmed the Ba1 rating, with a positive outlook, awarded to Romania's national power grid operator Transelectrica (TEL...

Ecaterina Craciun · 27.08.2021 · 12:38 · 1 min
EBRD Becomes Shareholder In Vestmoldtransgaz, With A 25% Stake, Starting August 25, 2021
Energy

EBRD Becomes Shareholder In Vestmoldtransgaz, With A 25% Stake, Starting August 25, 2021

The European Bank for Reconstruction and Development (EBRD) has become, starting August 25, 2021, a shareholder with a 25% interest in the share capital of gas transmission company Vestmoldt...

Ecaterina Craciun · 25.08.2021 · 18:01 · 3 min
Simtel Team Installs Over 1,300 Photovoltaic Panels For Kaufland Romania
Energy

Simtel Team Installs Over 1,300 Photovoltaic Panels For Kaufland Romania

Simtel Team (SMTL.RO), a Romanian engineering and technology company, has built for Kaufland Romania, one of the largest retail companies in Europe, two power plants which entailed the insta...

Ecaterina Craciun · 24.08.2021 · 15:23 · 3 min
Alro Slatina Shareholders Reject Company Remuneration Policy
Energy

Alro Slatina Shareholders Reject Company Remuneration Policy

Shareholders of Alro Slatina, the largest aluminum producer in Romania, rejected in their general meeting of August 19, 2021 the company’s Remuneration Policy, both in the version proposed b...

Ecaterina Craciun · 20.08.2021 · 11:57 · 1 min
Electrica Posts Almost 60% Drop in Net Profit in H1
Capital Market

Electrica Posts Almost 60% Drop in Net Profit in H1

Electrica (EL.RO), a supplier and distributor of electricity, whose largest shareholder is the Energy Ministry (48.8%) posted RON76 million consolidated net profit, 59.8% lower than in the y...

Loredana Frățilă-Cristescu · 18.08.2021 · 09:00 · 1 min