Energy
Transelectrica Net Profit Plunges 25% YoY To RON74M In Jan-Sept 2019
Romanian state-owned power grid operator Transelectrica (TEL.RO) on Friday said it ended the first nine months of 2019 with revenue of RON1.78 billion, down 3% on the year, and a net profit...
Electrica Net Profit Halves To RON161M In Jan-Sept 2019
Electrica Group on Friday said it ended the first nine months of 2019 with an operating income of RON4.7 billion, up 14.5% on the year, and a consolidated net profit of RON161 million, compa...
Conpet Ploiesti Posts 7.2% Higher Turnover, Of RON304M, In January-September 2019
State-run oil transporter Conpet Ploiesti (COTE.RO) ended the first nine months of 2019 with a turnover of RON304.2 million, up 7.2% from the same period in 2018, and a net profit of RON50.0...
Nuclearelectrica Net Profit Grows 30% YoY To RON415M In Jan-Sept 2019
Romania's state-owned nuclear power producer Nuclearelectrica (SNN.RO) on Thursday said it ended the first nine months of 2019 with a net profit of RON415.9 million, up 29.6% on the year.
Transgaz 9-Month Net Profit Plunges 25% YoY To RON224M
Romania's natural gas transmission company Transgaz (TGN.RO) on Thursday said it ended the first nine months of 2019 with an operating income of RON1.08 billion, down 1% on the year, and a n...
Romgaz Turnover Up 10% To RON3.7B; Net Profit Up 19% To RON1.1B In Jan-Sept 2019
Romania's state-owned natural gas producer Romgaz (SNG.RO) on Thursday said it ended the first nine months of 2019 with a turnover of RON3.7 billion, up 10.1% year-over-year, and a net profi...
Over 30 Prospective Buyers Showed Interest in Buying CEZ Romanian Assets
Czech utility group CEZ said more than 30 prospective buyers have expressed interest in acquiring its assets in Romania and screened candidates are expected to be invited to submit bids in D...
Fondul Proprietatea Calls for RON1.25B Dividends from Hidroelectrica
Investment fund Fondul Proprietatea (FP.RO), which holds minority stakes in major state-owned companies, has called for hydropower company Hidroelectrica to distribute dividends totaling RON...
Nuclearelectrica Seeks to Pay Dividends of RON513M
Romania's state-owned nuclear power producer Nuclearelectrica (SNN.RO) has summoned a shareholders assembly on Dec 19 to approve the distribution of nearly RON513 million as dividends.