Hidroelectrica had proposed the distribution of RON1.3 billion as dividends from its 2020 accounting net profit of RON1.45 billion, which means a distribution rate of 90%. That proposal has also been accepted.
The Romanian government, which owns 80% in Hidroelectrica through the Ministry of Energy, is thus set to receive RON1.84 billion as dividends, while Fondul Proprietatea, which owns the remaining 20%, is set to receive RON460 million.
At the end of 2020, Hidroelectrica had RON1.7 billion in deposits and RON2.08 billion from previous earnings.