ELECTRICA
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Electrica 2015 Net Consolidated Profit Up 17% On Year, To RON482M
Romanian electricity distribution and supply company Electrica (EL.RO) said its net consolidated profit stood at RON482 million in 2015, 17% higher than in 2014.
Electrica Board Of Directors Revokes CEO Mandate Of Ioan Rosca
The Board of Directors of Romanian power distributor Electrica (EL.RO) revoked the CEO mandate of Ioan Rosca and named CFO Iuliana Andronache as interim CEO until appointing a new general ma...
Electrica 2015 Net Profit Grows 5% on Year, to RON284M
Romanian electricity distribution and supply company Electrica (EL.RO) said its net profit stood at RON283.9 million in 2015, 5% higher than in 2014.
Electrica Asks Court To Annul Energy Regulator’s Order On Electricity Distribution Tariffs
Romanian electricity distributor and supplier Electrica (EL.RO) and its branches have asked the court to annul an order issued by energy regulator ANRE which scrapped the minimum threshold o...
Electrica Net Profit Rises 27% in January-September
Romanian electricity distribution and supply company Electrica (EL.RO) Monday said its consolidated net profit for the first nine months grew 27% compared with the same period last year, on...
Energy Ministry Wants Seven Members In Electrica’s Board
Romania’s Energy Ministry aims to change the constitutive act of electricity distribution and supply company Electrica (EL.RO) and to increase the board members from five to seven.
Electrica Mulls EUR715M Investments By 2018
Romanian electricity distribution and supply company Electrica (EL.RO) plans to invest EUR121 million this year and over EUR715 million by 2018, the company said in a statement Tuesday.
Government Agency Seeks EUR1.3B Reparations From State Power Company Electrica
A government agency that manages the state's stakes in energy companies is seeking EUR1.32 billion in reparations from state-owned Electrica SA (EL.RO) over the company's failure to follow t...
Electrica Cuts Staff At Its Subsidiaries By 7%
Romanian electricity distribution and supply company Electrica (EL.RO) will reduce the number of employees at its subsidiaries by 7.3%, in a move to boost labor productivity, according to in...