The company recommended paying out a gross dividend of RON1.21 per share, up 10.7-fold compared with RON0.1123 per share distributed in 2013.

In 2013, Nuclearelectrica’s net profit rose 17.25-fold to RN417.37 million, from RON24.19 million a year earlier.

Nucleareletrica is controlled by the state, through the Energy Department. The company operates two 700-megawatt reactors at its Cernavoda plant, covering around 18% of Romania’s energy consumption.

Thursday, Nuclearelectrica’s shares closed 2.65% higher at RON9.29 in Bucharest. (EUR1=RON4.4749)