In 2010, the company reported a net profit of RON16 million.
Nuclearelectrica, operator of Romania’s sole nuclear power plant in Cernavoda, said its sales rose to RON1.58 billion in 2011, from RON1.51 billion a year earlier.
Revenues were up 4% on the year to RON1.88 billion, while costs inched down 1% to RON1.76 billion.
End-December, Nuclearelectrica had total debts worth RON2.57 billion, down from RON2.7 billion in the previous year. Receivables stood at RON237.2 million, from RON386.2 million in 2010.
Nuclearelectrica runs two reactors of 700 megawatts power each in Cernavoda, covering around 19% of Romania’s electricity production. The government plans to build two additional nuclear reactors with similar capabilities in Cernavoda.
The company has a share capital of RON2.53 billion. The Economy Ministry owns 90.27% in Nuclearelectrica, while investment fund Fondul Proprietatea (FP.RO) holds the remaining stake. (EUR1=RON4.4616)