ELECTRICA
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Electrica Seeks To Outsource Ready-To-Build Wind Power Projects
Romanian electricity distribution and supply company Electrica (EL.RO) seeks to outsource two ready-to-build wind power projects, saying investments in renewable energy as not as attractive...
Electrica 1H Net Profit Rises 30%
Romanian electricity distribution and supply company Electrica (EL.RO) Friday said its net profit for the first half rose nearly 30% on the year on higher operating revenue and improved cost...
Electrica Shareholders OK RON860M Investment Plan For 2015
Shareholders of Romanian power supply and distribution company Electrica (EL.RO) approved Thursday the group’s investment plan for 2015, worth RON859.68 million, the company said in a statem...
Electrica Seeks Stockholders Approval For RON860M Investment Plan
Romanian power supply and distribution company Electrica (EL.RO) will seek its stockholders' approval for an investment budget of 860 million lei (EUR194 million) in 2015, after the first dr...
Electrica: More Opportunities Will Come Up, As Vertically Integrated Companies Go Through Transformations
There will be further opportunities on the market, as the major integrated players in the energy sector are going through transformations, says Ioan Rosca, general manager of Electrica (EL.R...
Electrica 1Q Net Profit Rises 32%
Romanian power supply and distribution company Electrica (EL.RO) Friday reported a 32% higher profit for the first quarter, following an increase in delivered electricity quantities.
Romania Loses Arbitration Case Against CEZ In Paris
Romania has lost the arbitration case in which it sought payment of 85 million euros from Czech energy group CEZ for alleged failure to meet obligations in the Electrica Oltenia privatizatio...
Electrica Ceases Negotiations With Proprietatea Fund Over Acquisition Of Minority Stakes In Its Units
Romanian state-run power distributor Electrica (EL.RO) on Thursday said negotiations with investment fund Fondul Proprietatea (FP.RO) for the acquisition of the fund’s minority stakes in sev...
Fondul Proprietatea To Announce Progress Of Exit From Electrica Subsidiaries Soon
Fondul Proprietatea (FP.RO) will make an announcement about its talks with electricity distribution group Electrica (EL.RO) to exit its subsidiaries by the end of this week, the fund’s manag...