HIDROELECTRICA
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Rothschild, Lazard and STJ Compete for Hidroelectrica Equity Adviser Position
Electricity generation company Hidroelectrica valued at EUR4.3 billion seeks to hire an international consultant to prepare it for the stock sale and listing process.
Hidroelectrica Net Profit Drops 22% in Jan-Sept, to RON1.3B
Romanian state-owned hydropower producer Hidroelectrica posted a turnover of RON3.3 billion in the first nine months of 2019, up 2% on the year, and its net profit dropped 22%, to RON1.3 bil...
Fondul Proprietatea Calls for RON1.25B Dividends from Hidroelectrica
Investment fund Fondul Proprietatea (FP.RO), which holds minority stakes in major state-owned companies, has called for hydropower company Hidroelectrica to distribute dividends totaling RON...
Hidroelectrica's 1H Profit Falls 8.3%, to RON901.5M
Romanian state-owned hydropower producer Hidroelectrica posted a turnover of RON2.3 billion in the first half of the year, up 18%, but its profit dropped 8.3%, to RON901.5 million, according...
Hidroelectrica Seeks to Upgrade Vidraru Power Plant for EUR82M
Romanian state-owned hydropower producer Hidroelectrica has received five bids for upgrades to its Vidraru power plant estimated to cost EUR82 million plus VAT, the company said Tuesday.
Bogdan Badea Named CEO Of Hidroelectrica
Bogdan Badea, former interim director of Hidroelectrica, the biggest electricity producer and the most profitable state-run company, has been appointed the company’s Chief Executive Officer...
FP Won't Sell Hidroelectrica Stake, Legislative Uncertainty Deters Investors
Fondul Proprietatea (FP.RO) won't be selling its stake of nearly 20% in hydropower plant Hidroelectrica for the time being, as legislative changes have deterred potential buyers.
Hidroelectrica Stands to Lose EUR40M From Selling Output at Regulated Price
Romania's state-owned hydropower producer Hidroelectrica will be forced to sell 9.7% of its output this year at a regulated price of RON111.6/MWh under government decree 114.
FP Manager May Reassess Net Asset Value Over Hidroelectrica Regulated Tariffs
Franklin Templeton, manager of Fondul Proprietatea (FP.RO), said Tuesday it will analyze whether any adjustment of FP's net asset value is required following Hidroelectrica's obligation to s...