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ELECTRICA

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Electrica Seeks To Buy Two Solar Parks And One Wind Park From Muntmark In Deal Totaling EUR13M
Energy

Electrica Seeks To Buy Two Solar Parks And One Wind Park From Muntmark In Deal Totaling EUR13M

Romanian state-owned energy utility group Electrica (EL.RO) said in stock market report that it signed, as buyer, with Emanuel Muntmark and with Catalin Mrejeru, as sellers, three share sale...

Ecaterina Craciun · 29.07.2021 · 11:47 · 1 min
Electrica Group Borrows EUR120M From EIB To Upgrade Electricity Distribution Networks
Energy

Electrica Group Borrows EUR120M From EIB To Upgrade Electricity Distribution Networks

The European Investment Bank (EIB) on Thursday formally agreed a new EUR120 million loan with Distributie Energie Electrica Romania S.A. (DEER), the electricity distribution subsidiary of th...

Ecaterina Craciun · 15.07.2021 · 15:51 · 1 min
Electrica Seeks To Set Up Power Generation Company; Eyes 400 MW Renewable Energy Projects
Energy

Electrica Seeks To Set Up Power Generation Company; Eyes 400 MW Renewable Energy Projects

Romanian state-owned energy utility group Electrica (EL.RO) will organize on August 11 the extraordinary general meeting of shareholders which are expected to approve the establishment of a...

Ecaterina Craciun · 22.06.2021 · 11:09 · 1 min
Electrica Group Net Profit Drops Nearly 28% YoY To RON57.9M In 1Q/2021
Energy

Electrica Group Net Profit Drops Nearly 28% YoY To RON57.9M In 1Q/2021

Romanian state-owned energy utility group Electrica (EL.RO) on Friday said it ended the first three months of 2021 with a net profit of RON57.9 million, down 27.7% from the year-earlier peri...

Ecaterina Craciun · 14.05.2021 · 10:20 · 1 min
Electrica Extends Mandate Of Cristian Bosoanca As Executive Board Chairman Until December 31, 2021
Energy

Electrica Extends Mandate Of Cristian Bosoanca As Executive Board Chairman Until December 31, 2021

The Board of Directors of Romanian state-owned energy utility group Electrica (EL.RO) has extended the mandate of Cristian Bosoanca as Chairman of the Board starting May 6 until December 31,...

Ecaterina Craciun · 07.05.2021 · 18:58 · 1 min
Electrica Seeks to Borrow over RON1.7B to Fund Investments, Acquisitions
Energy

Electrica Seeks to Borrow over RON1.7B to Fund Investments, Acquisitions

Romanian state-owned energy utility group Electrica (EL.RO) will seek shareholder approval on April 28 for loans totaling over RON1.7 billion from the EIB, Raiffeisen Bank and Erste to fund...

Oana Gavrila · 18.03.2021 · 14:52 · 1 min
Electrica Net Profit Grows 87.5% in 2020, to RON388M
Energy

Electrica Net Profit Grows 87.5% in 2020, to RON388M

Romanian state-owned energy utility group Electrica (EL.RO) on Friday reported a consolidated net profit of RON388 million for 2020, 87.5% higher compared with 2019.

Oana Gavrila · 05.03.2021 · 10:19 · 1 min
Electrica Group Completes Merger Process Of Its Three Electricity Distribution Companies
Energy

Electrica Group Completes Merger Process Of Its Three Electricity Distribution Companies

Romanian state-owned energy utility group Electrica (EL.RO) has announced the completion of the first stage of the merger by absorption of the three electricity distribution companies within...

Ecaterina Craciun · 04.01.2021 · 10:51 · 2 min
Electrica Opens Branch In Republic Of Moldova
Energy

Electrica Opens Branch In Republic Of Moldova

Electrica Furnizare S.A., part of state-owned utility group Electrica (EL.RO), said Friday in a stock market announcement that its shareholders have recently decided to establish a branch in...

Ecaterina Craciun · 18.12.2020 · 17:30 · 1 min