07.16.2021

Electricity supplier Electrica Furnizare, part of state-owned utility group Electrica, has installed 796 solar panels for oilfield equipment manufacturer Uztel Ploiesti (UZT.RO). more

07.15.2021

The European Investment Bank (EIB) on Thursday formally agreed a new EUR120 million loan with Distributie Energie Electrica Romania S.A. (DEER), the electricity distribution subsidiary of the more

07.02.2021

The European Bank for Reconstruction and Development (EBRD) on Friday said it was providing a loan worth the Romanian lei equivalent of up to EUR40 million (USD47.3 million) to Distributie Energie more

06.22.2021

Romanian state-owned energy utility group Electrica (EL.RO) will organize on August 11 the extraordinary general meeting of shareholders which are expected to approve the establishment of a power more

05.14.2021

Romanian state-owned energy utility group Electrica (EL.RO) on Friday said it ended the first three months of 2021 with a net profit of RON57.9 million, down 27.7% from the year-earlier period. more

05.07.2021

The Board of Directors of Romanian state-owned energy utility group Electrica (EL.RO) has extended the mandate of Cristian Bosoanca as Chairman of the Board starting May 6 until December 31, 2021. more

03.18.2021

Romanian state-owned energy utility group Electrica (EL.RO) will seek shareholder approval on April 28 for loans totaling over RON1.7 billion from the EIB, Raiffeisen Bank and Erste to fund more

03.05.2021

Romanian state-owned energy utility group Electrica (EL.RO) on Friday reported a consolidated net profit of RON388 million for 2020, 87.5% higher compared with 2019. more

03.01.2021

The Board of Directors of state-owned energy utility group Electrica (EL.RO), the largest players in the energy services sector, approved on February 26 the consolidated investment plant (CAPEX) of more

01.04.2021

Romanian state-owned energy utility group Electrica (EL.RO) has announced the completion of the first stage of the merger by absorption of the three electricity distribution companies within the more

12.18.2020

Electrica Furnizare S.A., part of state-owned utility group Electrica (EL.RO), said Friday in a stock market announcement that its shareholders have recently decided to establish a branch in the more

11.13.2020

Romanian state-owned energy utility group Electrica (EL.RO) on Friday reported a net profit of RON396 million in the first nine months of 2020, up 146% from the year-earlier period. more

09.30.2020

Electrica (EL.RO), key player on the Romanian electricity distribution and supply market, as well as one of the most important players in the energy services sector, will benefit as of September 30, more

09.23.2020

Adrian Paval and Dragos Paval, the owners of do-it-yourself retail chain Dedeman, the largest Romanian entrepreneurial business, have transferred their holdings in listed companies Electrica and more

08.31.2020

Electrica Furnizare S.A., part of state-owned utility group Electrica, said said Monday it has completed the acquisition of Stanesti Photovoltaic Farm in Giurgiu county from Raylexo Limited and Long more

08.26.2020

Shareholders of the three electricity distribution companies within energy utility group Electrica (EL.RO), namely, SDEE Transilvania Nord, SDEE Transilvania Sud and SDEE Muntenia Nord, respectively, more

08.25.2020

German Allianz Group has indirectly reached a holding of 5.3% of the voting rights of Romanian state-owned energy utility group Electrica (EL.RO), after the private pension fund AZT Viitorul Tau, more

08.14.2020

Romanian state-owned energy utility group Electrica (EL.RO) posted revenues of RON3.2 billion in the first half of 2020, up 3.2% on the year, and a net profit of RON189 million, up 74% on the year. more

07.17.2020

Romanian state-owned energy utility group Electrica (EL.RO) said in a stock market statement that Iulian Cristian Bosoanca was elected Chairman of the company’s Board of Directors on Friday (July more

07.02.2020

The Bucharest Court has issued a definitive ruling dismissing a claim by Romania's Energy Shareholdings Administration Association (SAPE) of EUR800 million from utility group Electrica. more

06.23.2020

Electrica Furnizare S.A., part of state-owned utility group Electrica, said Tuesday it has signed a share purchase agreement with Raylexo Limited and Long Bridge Management for the acquisition of all more

06.04.2020

Electrica (EL) intends to form a consortium with Hidroelectrica and Societatea de Administrarea a Particpatiilor in Energie (SAPE) to buy assets of CEZ Romania in what could be the largest deal in the more

06.03.2020

Romanian state-owned energy utility group Electrica (EL.RO) said Wednesday it was exploring the possibility of bidding for the Romanian assets of Czech utility group CEZ in consortium with hydropower more

05.28.2020

Romanian state-owned energy utility group Electrica (EL.RO) said Thursday its board has approved in principle the merger of its three distribution companies, part of its strategy to become an more

05.14.2020

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