The total combined value of previous transactions concluded with the company Energy Distribution Services S.R.L. exceeds 10% of the net turnover for the financial year 2023.
The contracts target the electricity wholesale between January 1, 2025 and December 31, 2026 and the buyer is Energy Distribution Services. The first contract is worth RON48.45 million, the second reaches RON96.92 million and the third amounts to RON96.78 million.
In the first nine months of 2024, Nuclearelectrica reported operating revenue of RON3.4 billion, down 40% year-over-year, and net profit of RON1.3 billion, down 35% yaer-over-year.
SNN shares have traded down 15% so far in 2024, ensuring a market value of RON12.5 million. The Romanian State owns 82.5% of Nuclearelectrica’s share capital via the ministry of energy.