09.23.2016

Romanian state-owned nuclear power producer Nuclearelectrica (SNN.RO) signed a contract worth RON74.7 million with Electrica Furnizare, a unit of Romanian electricity distribution and supply company more

09.20.2016

The Executive Board of Romanian electricity distribution and supply company Electrica (EL.RO), one of the most valuable companies majority owned by the state, has appointed Dan Catalin Stancu as its more

08.16.2016

Romanian electricity distribution and supply company Electrica (EL.RO) on Tuesday reported a net profit of RON336 million for the first half of the year, 21% higher than in the same period a year ago. more

05.16.2016

Electrica group on Monday said it registered a consolidated net profit of RON142 million in January-March 2016, up 12% from the year-earlier period, while its operating revenue rose 6% to RON1.51 more

04.28.2016

Romanian electricity distribution and supply company Electrica (EL.RO) will pay out dividends worth a total RON291.58 million in 2016, which translates into RON0.86/share. more

03.16.2016

Romanian electricity distribution and supply company Electrica (EL.RO) said its net consolidated profit stood at RON482 million in 2015, 17% higher than in 2014. more

03.11.2016

The Board of Directors of Romanian power distributor Electrica (EL.RO) revoked the CEO mandate of Ioan Rosca and named CFO Iuliana Andronache as interim CEO until appointing a new general manager. more

02.16.2016

Romanian electricity distribution and supply company Electrica (EL.RO) said its net profit stood at RON283.9 million in 2015, 5% higher than in 2014. more

01.19.2016

Romanian electricity distributor and supplier Electrica (EL.RO) and its branches have asked the court to annul an order issued by energy regulator ANRE which scrapped the minimum threshold on reducing more

11.16.2015

Romanian electricity distribution and supply company Electrica (EL.RO) Monday said its consolidated net profit for the first nine months grew 27% compared with the same period last year, on higher more

10.07.2015

Romania’s Energy Ministry aims to change the constitutive act of electricity distribution and supply company Electrica (EL.RO) and to increase the board members from five to seven. more

09.22.2015

Romanian electricity distribution and supply company Electrica (EL.RO) plans to invest EUR121 million this year and over EUR715 million by 2018, the company said in a statement Tuesday. more

09.09.2015

A government agency that manages the state's stakes in energy companies is seeking EUR1.32 billion in reparations from state-owned Electrica SA (EL.RO) over the company's failure to follow through on more

08.20.2015

Romanian electricity distribution and supply company Electrica (EL.RO) will reduce the number of employees at its subsidiaries by 7.3%, in a move to boost labor productivity, according to information more

08.20.2015

Romanian electricity distribution and supply company Electrica (EL.RO) seeks to outsource two ready-to-build wind power projects, saying investments in renewable energy as not as attractive as they more

08.14.2015

Romanian electricity distribution and supply company Electrica (EL.RO) Friday said its net profit for the first half rose nearly 30% on the year on higher operating revenue and improved cost control. more

07.10.2015

Shareholders of Romanian power supply and distribution company Electrica (EL.RO) approved Thursday the group’s investment plan for 2015, worth RON859.68 million, the company said in a statement. more

06.10.2015

Romanian power supply and distribution company Electrica (EL.RO) will seek its stockholders' approval for an investment budget of 860 million lei (EUR194 million) in 2015, after the first draft was more

05.28.2015

There will be further opportunities on the market, as the major integrated players in the energy sector are going through transformations, says Ioan Rosca, general manager of Electrica (EL.RO), the more

05.15.2015

Romanian power supply and distribution company Electrica (EL.RO) Friday reported a 32% higher profit for the first quarter, following an increase in delivered electricity quantities. more

04.09.2015

Romania has lost the arbitration case in which it sought payment of 85 million euros from Czech energy group CEZ for alleged failure to meet obligations in the Electrica Oltenia privatization, CEZ more

04.02.2015

Romanian state-run power distributor Electrica (EL.RO) on Thursday said negotiations with investment fund Fondul Proprietatea (FP.RO) for the acquisition of the fund’s minority stakes in several more

04.01.2015

Fondul Proprietatea (FP.RO) will make an announcement about its talks with electricity distribution group Electrica (EL.RO) to exit its subsidiaries by the end of this week, the fund’s manager Greg more

03.27.2015

Romanian electricity distribution company Electrica (EL.RO) proposed the payment of a gross dividend of 0.7217 lei (EUR0.16) per share from the 2014 profits, the company said in a statement Friday. more

02.24.2015

Romanian state-run power distributor Electrica (EL.RO) plans to enter the energy distribution market of the Republic of Moldova through an acquisition but such a decision depends on the pro-European more