“We had contracts for 80% of the necessary power already last year so we had to find buyers. It will be difficult for us to repeat the same feat this year, but we want to persuade the customers we gained to stay with us. The current price is hard to explain to end consumers,” said Getica 95 owner Viorel Tudose.
Getica 95 ended last year with RON1.5 billion revenue, 2.3 times higher than in 2019, and RON81.5 million net profit compared with RON26.1 million that year, Finance Ministry data show. Market share growth was the main driver of this rise.
Energy market regulator ANRE data show Getica 95 reached a 9.36% share of the competitive energy market at the end of 2020, up from the 5.97% of 2019.
(English version by Loredana Fratila-Cristescu)