HIDROELECTRICA
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Energy Ministry Looks into Merging Hidroelectrica and CE Oltenia
Romania's energy ministry is analyzing a proposition to merge state-owned hydropower generator Hidroelectrica and coal-based energy holding CE Oltenia, state secretary Doru Visan said Tuesda...
Hidroelectrica Posts Record Profit of RON1.55B in 2018
Romania's biggest electricity producer Hidroelectrica posted a record net profit of RON1.55 billion in 2018, up 13.9% on the year, according to unaudited results published in the annual earn...
Hidroelectrica Seeks New Managers, Plans Investments of RON5.5B Until 2023
Romanian state-owned hydropower producer Hidroelectrica will be appointing new managers in January 2019, as current supervisory board members' mandates are set to expire on January 21.
Romanian Hidroelectrica, Austrian Verbund Hydro Power Sign Cooperation Memo
Romanian hydropower utility and Austria's Verbund Hydro Power GmbH signed a cooperation memorandum Tuesday for the joint development of projects in the energy sector, Hidroelectrica said.
Fondul Proprietatea Still Seeks to Sell Stake in Hidroelectrica
Romanian investment fund Fondul Proprietatea (FP.RO) is still seeking to sell a stake of nearly 20% it holds in Romanian hydropower producer Hidroelectrica, fund representative Johan Meyer s...
Hidroelectrica Posts 34% Growth in Net Profit in 1H, to RON962M
Romanian state-run hydropower generator Hidroelectrica reported a net profit of RON962 million for the first half of 2018, up 34% compared with the same period last year, the company said Tu...
Hidroelectrica Wins Bid To Provide Energy for Bucharest Public Transport Companies
Romania's state-owned hydropower producer Hidroelectrica has won public procurement tenders to supply electricity to Bucharest subway operator Metrorex and Bucharest's above-ground public tr...
Hidroelectrica Posts Record Profit of RON1.36B in 2017
Romanian state-run hydropower generator Hidroelectrica reported a net profit of RON1.36 billion in 2017, an all-time high, and RON485 million in the first quarter this year, despite a drop i...
Hidroelectrica Invests Over RON4M In Upgrading Power Transformation Stations
Romanian state-run hydropower generator Hidroelectrica invests RON4.41 million in modernizing five power transformation stations in Valcea County, and the project will be funded from own sou...