The company mentions that profit was primarily generated through the sale of the “Business Line” as outlined in the 11.03.2024 contract and “is expected to offset the accumulated losses by the end of the year, in compliance with relevant laws”.
The takeover contract with Hidroelectrica was signed at the respective date.
The company’s shares have declined by 5% in 2025 and 18% in the past year, amid a RON65 million valuation.
(English version by Catalina Apostoiu)