06.09.2014

The European Bank for Reconstruction and Development (EBRD), one of the largest institutional investors present in Romania, is likely to invest at least EUR50 million in the initial public offering more

06.03.2014

The planned initial public offering of 51% in Romanian state-run electricity distributor and supplier Electrica SA will most likely take place in the June 16-June 25 period, people familiar with the more

06.02.2014

Romanian Prime Minister Victor Ponta said Monday that the money raised from the planned initial offering of 51% in state-run energy distributor Electrica SA will be used by the company to develop an more

05.30.2014

Romanian state-run electricity distributor and supplier Electrica SA reported a consolidated net profit of 60 million lei (EUR13.4 million) in the first quarter, on total sales of RON1.2 billion, the more

05.30.2014

Romania's state-owned power producer Electrica SA notified the London Stock Exchange Friday morning of its intention to be floated on that market, Energy Minister Razvan Nicolescu said Friday at the more

05.23.2014

The initial public offering of state-owned Electrica, which supplies power to Transylvania and northern Muntenia (southern region of Romania), will be carried out between June 10 and June 23, people more

05.22.2014

Romania’s plan to guarantee a minimum number of shares for small retail investors at the upcoming offering of 51% in state-run electricity distributor Electrica SA is bound to increase the more

05.20.2014

Preparations for the initial public offering of Electrica, a company that supplies power to Transylvania and northern Muntenia (region in south of Romania) have entered the finishing straight. more

05.15.2014

The three energy distribution units of Romanian state-owned electricity distribution company Electrica SA reported overall revenues worth 2.16 billion lei (EUR490 million) in 2013, up 6.3% from more

04.30.2014

Retail investors subscribing to the initial public offering in which the government intends to sell 51% in the Electrica group in early June will have a guaranteed minimum allotment of shares. This is more

04.28.2014

Romanian investment fund Fondul Proprietatea (FP.RO) is negotiating the acquisition of a minority stake in state-owned electricity distributor SC Electrica SA in exchange for its holdings in four of more

04.10.2014

Romania’s planned initial public offering of a 51% in state-run electricity distributor Electrica SA will include three separate packages for corporate and retail investors and the shares will be more

04.08.2014

E.ON Romania, a unit of Germany’s utility E.ON, has paid the Romanian government EUR31.5 million for a batch of shares in its local units E.ON Energie Romania and E.ON Moldova Distributie, the more

03.30.2014

The new unitary corporate governance strategy of Romanian state-owned electricity distributor SC Electrica SA breaches minority shareholders’ rights, and might jeopardize the IPO scheduled for June, more

03.19.2014

The splitting of Romanian state-owned electricity distributor SC Electrica SA will be decided Thursday in the general shareholders’ meeting, Gabriel Dumitrascu, head of the privatization division more

02.26.2014

Romania plans to obtain over EUR400 million from selling 51% in state-owned electricity distributor and supplier Electrica, but the price also depends on market conditions, Gabriel Dumitrascu, head of more

02.25.2014

Romanian state-owned electricity distributor and supplier Electrica expects to recoup hundreds of millions of euros from other companies, following court orders, Minister Delegate for Energy more

01.22.2014

Power producers suffered because of low prices last year, while distributors had a good 2013, so vertically integrated energy companies stood to gain in the end, according to Luca D’Agnese, chief more

01.09.2014

Romanian state-run energy companies Hidroelectrica and Electrica will be floated in June at both the Bucharest and the London stock exchanges, Minister Delegate for Energy Constantin Nita told more

12.20.2013

Romanian state-owned electricity distributor Electrica said it is reconsidering its plan to build two wind parks, as the two projects are expected to engulf EUR100 million following the government’s more

12.19.2013

Romanian nuclear power producer Nuclearelectrica (SNN.RO) on Thursday sold 86.2 million lei (EUR19.2 million) worth of electricity to distribution company Electrica Furnizare under 10 deals on the more

12.18.2013

Romanian state-owned electricity distributor SC Electrica SA will split up into two companies ahead of a planned privatization process, according to a draft government decision. more

11.18.2013

Romanian nuclear power company Nuclearelectrica (SNN.RO) last week sold electricity worth 45.4 million lei (EUR10.2 million) to power distributor Electrica Furnizare. more

11.15.2013

Romanian state-owned electricity distribution company Electrica SA reported a net profit of 91.5 million lei (EUR20.8 million) in the first half of 2013, more than double from RON34.87 million in the more

11.14.2013

State-owned power supply and distribution company Electrica Furnizare, posted 2.4 billion lei (EUR540 million) revenue in the first half of 2013, up 11.5% on the year-ago period, according to the more