ELECTRICA
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Behind Romania’s Court Case That Got It EUR401M From Enel
The verdict of the International Court of Arbitration in Paris in the former Electrica Muntenia Sud case, requiring Italy’s Enel to pay EUR401 million to the Romanian government for 13.57% i...
Electrica’s Exposure At RON36M On Transenergo Insolvency
Romanian electricity distribution and supply company Electrica (EL.RO) has an exposure of RON36.3 million resulted from the insolvency of its client Transenergo and expects a low recovery ra...
Romanian Electrica 9-Mo Profit Up 9% To RON466M
Romanian electricity distribution and supply company Electrica (EL.RO) reported a net profit of RON466 million for the first nine months of the year, 9% higher than in the same period a year...
Electrica Closes Three Mortgage Contracts With BRD
Romanian electricity distribution and supply company Electrica (EL.RO), with a market capitalization of RON4.6 billion, closed three mortgage contracts with lender BRD for the amounts of mon...
Nuclearelectrica Signs RON74.7M Contract With Electrica
Romanian state-owned nuclear power producer Nuclearelectrica (SNN.RO) signed a contract worth RON74.7 million with Electrica Furnizare, a unit of Romanian electricity distribution and supply...
Catalin Stancu Appointed New CEO Of Electrica
The Executive Board of Romanian electricity distribution and supply company Electrica (EL.RO), one of the most valuable companies majority owned by the state, has appointed Dan Catalin Stanc...
Romanian Electrica 1H Profit Up 21%, to RON336M
Romanian electricity distribution and supply company Electrica (EL.RO) on Tuesday reported a net profit of RON336 million for the first half of the year, 21% higher than in the same period a...
Electrica Group 1Q Profit Up 12% To RON142M
Electrica group on Monday said it registered a consolidated net profit of RON142 million in January-March 2016, up 12% from the year-earlier period, while its operating revenue rose 6% to RO...
Electrica To Pay Out Dividends Worth RON292M In 2016
Romanian electricity distribution and supply company Electrica (EL.RO) will pay out dividends worth a total RON291.58 million in 2016, which translates into RON0.86/share.