Energy
Nuclearelectrica Postpones Planned Outage Of Cernavoda Unit 1 Due To COVID-19 Pandemic
Romanian nuclear power plant operator Nuclearelectrica (SNN.RO) on Tuesday said it has decided to postpone the scheduled outage of Unit 1 of the power plant in Cernavoda, due to the current...
Power Consumption To Go Down 10% In April And May, Worst Decline Since 2009
With almost 250,000 people furloughed and the automotive industry, the pillar of the Romanian exports, shut down due to the COVID-19 pandemic, the power consumption has dropped and only the...
Allianz SE Reaches 5.09% Ownership in Romanian Power Utility Electrica
Romanian state-owned energy utility group Electrica (EL.RO) said Wednesday that starting 26 March 2020, entities indirectly held by Allianz SE exceeded the threshold of 5% and reached a hold...
Kazakh-Romanian Energy Investment Fund Approves Two $43M Projects
The Kazakh-Romanian Energy Investment Fund said Tuesday it has recently approved two new investment projects totaling $43 million: the construction of a dewaxing plant at Petromidia and enha...
Hidroelectrica Sponsors Seven Emergency Care Hospitals with RON10M
The board of Romanian state-owned power company Hidroelectrica decided in a meeting Monday to sponsor seven hospitals with emergency care units with a total of RON10.03 million.
Transelectrica Proposes RON35.2M Dividends From Retained Earnings Of Previous Years, At 2.8% Yield
Romanian state-owned power grid operator Transelectrica (TEL.RO) said Friday in a stock market report that it will not distribute dividends from the 2019 profit, but it will pay out dividend...
Hidroelectrica Targets RON3.9B Revenue, RON1.1B Net Profit In 2020
Romanian state-owned power company Hidroelectrica on Wednesday said it expects 10% lower total revenue, of RON3.9 billion, and a 23% higher net profit, of nearly RON1.1 billion, in 2020.
Conpet Ploiesti Seeks To Pay Out Dividends At 11.4% Yield
Romanian state-run oil transporter Conpet Ploiesti (COTE.RO) on Tuesday said it is summoning its shareholders on April 29, 2020 to approve a combined dividend of RON7.05 per share, which, re...
Nuclearelectrica Seeks To Pay RON498.4M Dividends, At 14% Yield
Romania's state-owned nuclear power producer Nuclearelectrica (SNN.RO) on Tuesday said it has summoned its shareholders on April 27 to approve the distribution of gross dividends in the tota...