Hidroelectrica, which is 80% owned by the state and 20% by FP, has summoned a shareholders meeting for December 17 to discuss the request. If approved, FP would be entitled to RON250 million in dividends from Hidroelectrica.
FP also requested state-owned nuclear power producer Nuclearelectrica (SNN.RO) to approve dividends totaling RON513 million, the equivalent of a 12% yield. The company, which is 82.5% owned by the state, has summoned shareholders to discuss the request on December 19.