ELECTRICA
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Court Overrules Electrica's Appeal to Oltchim's Bankruptcy
The Pitesti Court of Appeals has overruled as unfounded Electrica's opposition to the opening of bankruptcy procedures for chemical plant Oltchim Ramnicu Valcea. The ruling is final.
Electrica Seeks Shareholder Approval to Recover RON235M Damages
Romanian state-owned energy utility group Electrica (EL.RO) will seek shareholder approval to file civil action against 18 former managers and six former executives to recover damages totali...
Fitch Ratings Assigns Romania's Electrica First-Time 'BBB' IDR; Outlook Stable
Fitch Ratings has assigned Romanian state-owned energy utility group Electrica (EL.RO) a Long-Term Issuer Default Rating (IDR) of 'BBB' with a Stable Outlook, Fitch Ratings said in a press s...
Electrica Appoints BRD to Broker Capital Hike
Romanian state-owned energy utility group Electrica (EL.RO) said Tuesday it has appointed BRD - Groupe Societe Generale as intermediary of its RON18 million share capital increase approved b...
Allianz-Tiriac Pensii Private Reaches 5.02% Holding Of Voting Rights At Electrica
Allianz-Tiriac Pensii Private has increased its participation in state-owned energy utility group Electrica (EL.RO), reaching a 5.02% holding of voting rights at Electrica.
Electrica Posts RON109M Profit in 1H, Offsetting 1Q Loss
Romanian state-owned energy utility group Electrica (EL.RO) on Wednesday reported a consolidated net profit of RON109 million for the first half of the year, down 48%, after a RON41 million...
Electrica Opposes Oltchim Bankruptcy
State-owned energy utility Electrica (EL.RO), a creditor of chemical plant Oltchim Ramnicu Valcea, has appealed the court decision allowing the chemical plant to start bankruptcy proceedings...
Electrica Switches to RON41M Loss in 1Q/2019
Romanian state-owned energy utility group Electrica (EL.RO) on Wednesday reported a net loss of RON41 million for the first quarter, compared with a net profit of RON59M in the same period l...
Electrica Approves Distribution Of Dividends At 6.8% Yield From 2018 Net Profit
Shareholders of Electrica (EL.RO), the largest electricity distributor in Romania, on Thursday approved a proposition of the company’s Board of Directors regarding the distribution of a divi...