The legal deed targets the sale of electricity between January 1, 2023 and December 31, 2023. The contract is worth RON1.87 billion after being supplemented by RON109.8 million, the report shows.
“We specify that the value of the agreement concluded with the Romanian Electricity and Gas Market Operator by SNN, as seller, exceeds, cumulated with the previous transactions, 5% of the value of the net assets of SNN related to the latest financial reporting, as well as 10% of the net turnover related to the latest annual financial statements, reason for which, in accordance with the provisions of Article 108 of Law 24/2017, as subsequently amended and supplemented and with the provisions of Article 234 letter i) of the ASF Regulation no. 5/2018, SNN has the obligation to report the value of this transaction as well,” Nuclearelectrica representatives said in the report.