02.16.2015

Romanian power distributor Electrica (EL.RO) Monday reported a net profit of 280.5 million lei (EUR63.2 million) for 2014, seven times higher than in the previous year, due to an improvement of the more

02.13.2015

Romanian state-run power distributor Electrica (EL.RO) wants to buy the minority stakes held by investment fund Fondul Proprietatea (FP.RO) in its subsidiaries, the energy company said in a statement more

02.09.2015

Romania’s power distribution and supply group Electrica (EL.RO) and oil transporter Conpet (COTE.RO) are, separately, interested in acquiring some assets in the Republic of Moldova, market sources more

12.03.2014

Electrica (EL.RO), Romania’s largest power distribution and supply company, gave up its plan of becoming a producer of renewable energy, a project it embarked upon in 2010. The decision is set to more

11.14.2014

State-owned Electrica SA had revenues of RON3.55 billion (EUR800 million) in the first nine months, down 10% on the year, as electricity consumption declined, but its consolidated net profit grew 4%, more

11.11.2014

Romanian electricity producer and distributor Electrica plans to increase the share capital of its braches through contribution in kind representing several land plots worth a total 25.4 million lei more

11.11.2014

Electrica group (EL), Romania’s largest power distribution and supply company, has joined the MSCI index of frontier markets tracked by funds with $12.4 billion worth of assets. The company is thus more

10.31.2014

Energy prices will remain flat next year, believes Ioan Rosca, chief executive officer of Electrica, Romania’s largest power distribution and supply company, with almost 3.6 million consumers. more

10.16.2014

Romanian state-run power distribution company Electrica Furnizare, controlled by electricity producer and distributor Electrica, wants to purchase 62 million lei (EUR14 million) worth of electricity more

10.14.2014

Victor Cionga has been appointed Chairman of the Executive Board of Romanian electricity producer and distributor on Tuesday. more

09.25.2014

Romanian electricity producer and distributor Electrica has around EUR500 million available for investments in upgrading electricity distribution networks, said Gabriel Dumitrascu, head of the more

09.16.2014

Romania’s energy minister Razvan Nicolescu will discuss Wednesday in Rome with the management of Enel the sale of the Italian group’s Romanian units. more

09.16.2014

Electrica (EL.RO), the largest electricity distribution and supply company in Romania, which is 48.7% state-owned, is officially looking for a consultant for its bid for some of its former branches more

09.02.2014

Romanian electricity distributor and supplier Electrica (EL.RO), listed on the Bucharest stock exchange in July following a 1.9 billion lei (EUR432 million) initial public offering, is likely to be more

08.14.2014

Romanian electricity distributor and supplier Electrica (EL.RO) on Thursday said its net profit slid 6% on the year to 197.1 million lei (EUR44.1 million) in the first six months, on lower electricity more

08.14.2014

Romanian energy company Electrica (EL.RO) plans to invest 6.2 billion lei (EUR1.4 billion) between 2014 and 2018, mainly in distribution equipments, the company said in a statement Thursday. more

08.05.2014

The shareholders of Romanian energy company Electrica (EL.RO) will appoint a new Executive Board at the end of September. more

08.04.2014

Raiffeisen Bank and Citigroup purchased shares and global depositary receipts (GDRs) in Romanian energy company Electrica SA (EL.RO) worth an estimated 75.8 million lei (EUR17.1 million) to help more

07.15.2014

The decision of Italy’s Enel to sell its Romanian energy distribution and supply operations is likely to strengthen the position the Romanian state has in this field should Electrica be interested more

07.04.2014

The initial public offering of Romanian energy company Electrica SA was not imposed from outside; the government wanted to offer a sign of restructuring for the Romanian economy, Gabriel Dumitrascu, more

07.04.2014

Electrica (EL.RO) opened slightly up Friday, in their first day of trading in Bucharest, in a declining market. more

07.04.2014

Romanian Prime Minister Victor Ponta opened Friday’s trading session on the London Stock Exchange, which starts trading Romanian Electrica’s dollar-denominated global depositary receipts (GDRs). more

07.02.2014

Investors stormed the Bucharest Stock Exchange in the last few weeks, generating higher than average traded volumes and the interest in Romanian stocks drove the main index of the bourse, BET up 8% more

06.30.2014

Romanian energy company Electrica SA sold global depositary receipts (GDRs) equal to around one fifth of the total stock offered at its initial public offering ended June 25, one of the bookrunners on more

06.27.2014

The European Bank for Reconstruction and Development has become the second-largest shareholder in Romanian state-run energy company Electrica SA after it purchased EUR75 million worth of shares at the more