Thus, the Energy Ministry, as a majority shareholder of Hidroelectrica, is to receive dividends of RON1.286 billion, while the amount of RON256 million will go to the company’s minority shareholder, namely, property restitution fund Fondul Proprietatea.
The proposition will be discussed at the General Shareholder Meeting of May 13, 2021.
Hidroelectrica, the largest electricity producer in Romania, ended 2020 with a net profit of nearly RON1.4 billion, up 4.8% from 2019, but with 8.7% lower revenue, of RON3.8 billion.