Energy
Nuclearelectrica Makes RON133M Deposit With Eximbank At 6.6% Interest
State-run nuclear power producer Nuclearelectrica (SNN.RO) has made a term deposit in amount of RON133 million with Eximbank. The deposit is due on February 26, 2024, and carries an interest...
Austria’s Energy Gets Ok to Build Romania’s Second Largest Solar Park, in Giurgiu
Baboia Solar Plant, a project company owned by Enery Elment GmbH, on July 21 got the technical greenlight to connect to the network for a 535 MW project in Giurgiu.
Transelectrica Ends H1/2023 With RON2.2B Revenue, Down 16% YoY
Romania's national grid company Transelectrica (TEL.RO) reported total operating revenue of RON2.2 billion for the first half of 2023, down 16% from RON2.6 billion in the same period of 2022...
Hidroelectrica Posts RON4B Net Profit In H1
Hidroelectrica (H2O.RO), Romania's largest electricity producer and the latest company to go public on the Bucharest Stock Exchange, posted almost RON4 billion net profit in the first half,...
Nuclearelectrica Ends H1 With RON3.7B Operating Revenue
Nuclear power producer Nuclearelectrica, which operates the nuclear power plant in Cernavoda, ended the first half with RON3.7 billion operating revenue and RON1.28 billion net profit, 5.6%...
Electromagnetica H1 Net Profit Shrinks 53% YoY To RON17.9M
Electromagnetica Bucuresti (ELMA.RO), which makes electrical equipment and produces electricity, had a net profit of RON8.4 million in the first six months of 2023, down 53% from RON17.9 mil...
Oil Terminal Net Profit Surges 43% YoY To RON25.4M In H1/2023
State-run port operator Oil Terminal (OIL.RO) reported a net profit of RON25.4 million for the first half of 2023, up 43% from RON17.8 million reported in the same period of 2022, the compan...
Romgaz Ends H1/2023 With Consolidated Net Profit Of RON1.68B, Down 2.34% YoY
Romanian natural gas producer and supplier Romgaz (SNG.RO) ended the first six months of 2023 with a consolidated net profit of RON1.68 billion, down 2.34% on the year, and revenues of RON5....
Rompetrol Well Services Switches To RON6.5M Net Profit In H1/2023
Rompetrol Well Services (PTR.RO), one of the major suppliers of well services in Romania, ended the first half of 2023 with a net profit of RON6.45 million from a loss of RON564,700 in the s...