Energo Util posted RON73 million revenue and RON15.2 million net profit and had 130 employees in 2023, Finance Ministry data show. It is controlled by entrepreneur Zamfi Ovidiu Victor, according to termene.ro.

Energo Util bought the Balada hotel complex in an open outcry held on March 17, 2025, THR said.

THR has a market capitalization of RON122 million. Its shares have gained 8% on a traded volume of RON36 million since the beginning of 2025.

(English version by Loredana Fratila-Cristescu)