ELECTRICA
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Electrica To Pay RON250M As Dividends
Romanian electricity distribution company Electrica (EL.RO) proposed the payment of a gross dividend of 0.7217 lei (EUR0.16) per share from the 2014 profits, the company said in a statement...
Electrica Targets Energy Distribution Market In Moldova
Romanian state-run power distributor Electrica (EL.RO) plans to enter the energy distribution market of the Republic of Moldova through an acquisition but such a decision depends on the pro-...
Electrica’s Net Profit Soars To RON280.5M In 2014
Romanian power distributor Electrica (EL.RO) Monday reported a net profit of 280.5 million lei (EUR63.2 million) for 2014, seven times higher than in the previous year, due to an improvement...
Electrica Might Buy Minority Stakes Of Proprietatea Fund In Its Units
Romanian state-run power distributor Electrica (EL.RO) wants to buy the minority stakes held by investment fund Fondul Proprietatea (FP.RO) in its subsidiaries, the energy company said in a...
Electrica And Conpet Eye Acquisitions In Moldova
Romania’s power distribution and supply group Electrica (EL.RO) and oil transporter Conpet (COTE.RO) are, separately, interested in acquiring some assets in the Republic of Moldova, market s...
Electrica Drops Green Energy Investments After Four Years
Electrica (EL.RO), Romania’s largest power distribution and supply company, gave up its plan of becoming a producer of renewable energy, a project it embarked upon in 2010. The decision is s...
Electrica Plans To Increase Its Branches’ Share Capital By RON25.4M
Romanian electricity producer and distributor Electrica plans to increase the share capital of its braches through contribution in kind representing several land plots worth a total 25.4 mil...
Electrica Included In MSCI Index Of Frontier Markets; May Attract $120M Investments
Electrica group (EL), Romania’s largest power distribution and supply company, has joined the MSCI index of frontier markets tracked by funds with $12.4 billion worth of assets. The company...
Electrica Does Not Rule Out Regional Expansion
Energy prices will remain flat next year, believes Ioan Rosca, chief executive officer of Electrica, Romania’s largest power distribution and supply company, with almost 3.6 million consumer...