“The extension of the provisional mandate of Mr. Vasile Dascalu was carried out in compliance with the provisions of Article III of Law No. 187/2023 amending and supplementing Government Emergency Ordinance No. 109/2011. We recall that Mr. Vasile Dascalu was appointed as Chief Financial Officer, with a provisional mandate for a period of 5 months, starting from 09.04.2024, in accordance with the provisions of GEO no. 109/2011, as amended and supplemented, as per the current report submitted by SN Nuclearelectrica SA on 08.04.2024,” the report reads.
Nuclearelectrica reported operating revenue of RON2.1 billion for the first half of 2024, down 44% year-over-year, and net profit of RON843 million, down 34.6% year-over-year. SNN shares have traded down 13.2% so far in 2024, ensuring a market capitalization of RON13 billion.
Energy
Nuclearelectrica Extends Provisional Mandate Of Vasile Dascalu As CFO For Two More Months
The Board of Directors of nuclear power producer Nuclearelectrica (SNN.RO), the operator of the power plant in Cernavoda, has decided to extend the provisional mandate of Vasile Dascalu as Chief Financial Officer (CFO) for two more months, for the period between September 10, 2024 and November 10, 2024, the company announced in a stock market report.