“For 2014 Hidroelectrica estimates a production of 13.9 TWh and approximately 95% of the estimated production has been sold,” the company said in a press release Wednesday.
Romania’s overall energy production amounted to 58.5 TWh last year.
Hidroelectrica generated 14.8 TWh of electricity last year, 25.4% more compared to 11.8 TWh in 2012.
Hidroelectrica posted a record profit of RON910 million in 2013, from a loss of RON170 million in 2012.
The company re-entered insolvency in February this year, after going through insolvency between June 2010 and June 2013.
Hidroelectrica has an installed production capacity of 6,400 MW, about one third of Romania’s total electricity production and covers around 30% of the country’s electricity needs.