Energy
Transelectrica Approves Dividends Of RON0.48/Share, At 2.7% Yield
Shareholders of Romanian state-owned power grid operator Transelectrica (TEL.RO) have approved the distribution of dividends, of RON0.48 per share, from the retained earnings on balance on D...
OMV Petrom Approves RON1.75M Dividend Payments
Shareholders of oil and gas company OMV Petrom (SNP.RO), the most valuable company on the Bucharest Stock Exchange, decided Monday to approve the distribution of gross dividends of RON0.031...
Nuclearelectrica Approves RON498.4M in Dividend Payments
Romania's state-owned nuclear power producer Nuclearelectrica (SNN.RO) on Monday decided the distribution of gross dividends in the total amount of RON498.4 million, representing a gross div...
Transgaz Approves RON182M Dividends from 2019 Profit
Romania's natural gas transmission company Transgaz (TGN.RO) on Monday approved the distribution of dividends totaling RON182.1 million from its 2019 profit, the company said in a stock mark...
Hidroelectrica Seeks To Pay RON1.3B Dividends: RON1B To Romanian State And RON250M To Fondul Proprietatea
Romanian state-owned power company Hidroelectrica is summoning its shareholders on May 26, 2020 to approve the distribution of the company’s 2019 net profit.
Dedeman To Install Solar Panels on Its Store Rooftops
Dedeman, the largest Romanian entrepreneurial business and biggest local DIY chain, has started installing solar panels on the rooftops of 28 of its stores to produce electricity for self-co...
19 Investors Left In Race To Buy CEZ’s Romanian Operations: Transaction Valued At Nearly EUR1.3B By ZF
Czech-held utility group CEZ said in a presentation to investors, dated April 2020, that 19 investors are left in the race to buy its operations in Romania, within a transaction valued at ne...
Lazard, STJ, Deloitte Sign Up Again to Advise Hidroelectrica on IPO
Lazard Freres, STJ Advisors Group, and Deloitte Consultancy have signed up again to provide equity advisory services to state-owned power company Hidroelectrica for an estimated RON8.4 milli...
Transelectrica Extends CEO's Mandate for Two Months
Romanian state-owned power grid operator Transelectrica (TEL.RO) said Thursday it has extended the mandate of CEO Catalin Nitu and mandates of board members by two months.