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ELECTRICA

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Electrica Acquires Stanesti Solar Farm in Southern Romania
Energy

Electrica Acquires Stanesti Solar Farm in Southern Romania

Electrica Furnizare S.A., part of state-owned utility group Electrica, said Tuesday it has signed a share purchase agreement with Raylexo Limited and Long Bridge Management for the acquisiti...

Oana Gavrila · 23.06.2020 · 19:14 · 1 min
Electrica, Hidroelectrica And SAPE In Consortium to Buy CEZ Romania
Capital Market

Electrica, Hidroelectrica And SAPE In Consortium to Buy CEZ Romania

Electrica (EL) intends to form a consortium with Hidroelectrica and Societatea de Administrarea a Particpatiilor in Energie (SAPE) to buy assets of CEZ Romania in what could be the largest d...

Loredana Frățilă-Cristescu · 04.06.2020 · 09:00 · 1 min
Electrica Considers Bidding for CEZ Romanian Assets in Consortium with Hidroelectrica
Companies

Electrica Considers Bidding for CEZ Romanian Assets in Consortium with Hidroelectrica

Romanian state-owned energy utility group Electrica (EL.RO) said Wednesday it was exploring the possibility of bidding for the Romanian assets of Czech utility group CEZ in consortium with h...

Oana Gavrila · 03.06.2020 · 09:22 · 1 min
Electrica Group Board Approves Merger of Its Three Distribution Companies
Energy

Electrica Group Board Approves Merger of Its Three Distribution Companies

Romanian state-owned energy utility group Electrica (EL.RO) said Thursday its board has approved in principle the merger of its three distribution companies, part of its strategy to become a...

Oana Gavrila · 28.05.2020 · 16:47 · 1 min
Electrica Approves RON246M for Dividend Payouts
Energy

Electrica Approves RON246M for Dividend Payouts

Shareholders of state-owned energy utility group Electrica (EL.RO) have approved a gross dividend of RON0.7248 per share from its 2019 profit, the company said in a stock market statement We...

Oana Gavrila · 29.04.2020 · 12:59 · 1 min
Allianz SE Reaches 5.09% Ownership in Romanian Power Utility Electrica
Companies

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...

Oana Gavrila · 01.04.2020 · 13:45 · 1 min
Electrica Net Profit Drops 10% in 2019, to RON206M
Energy

Electrica Net Profit Drops 10% in 2019, to RON206M

Romanian state-owned energy utility group Electrica (EL.RO) on Friday reported consolidated revenues of RON6.2 billion for 2019, up 11% on the year, while its net profit dropped 10%, to RON2...

Oana Gavrila · 28.02.2020 · 11:18 · 1 min
Electrica Increases Share Capital By RON5M, Up To RON3.46B
Energy

Electrica Increases Share Capital By RON5M, Up To RON3.46B

Romanian state-owned energy utility group Electrica (EL.RO) has increased its share capital by RON5 million, up to RON3.46 billion, through in-kind and cash contribution, by issuing 503,668...

Ecaterina Craciun · 10.12.2019 · 14:43 · 1 min
Electrica Net Profit Halves To RON161M In Jan-Sept 2019
Energy

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...

Ecaterina Craciun · 15.11.2019 · 13:55 · 2 min