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MOL Group 2018 Results: Highest EBITDA since 2011, up 10%

MOL increased its EBITDA by 10% comfortably beating its upgraded 2018 target as Upstream and Consumer Services continued to significantly increase their contributions, while a strong internal performance in Downstream partly offset the weakening margins. Clean CCS EBITDA rose by…

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Transgaz proposes dividends worth 255 million lei

The Transgaz Board of Directors proposes to grant dividends for the year 2018 in the amount of 255.02 million lei, the value of the gross dividend being 21.66 lei/ share, according to a report sent to the Bucharest Stock Exchange.…

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Transelectrica proposes no dividends on 2018

The management of Transelectrica (TEL) proposed to the shareholders, for the General Assembly on 24 April, a distribution of the 2018 profit in which no dividends are included, according to a report sent to the Bucharest Stock Exchange. On the…

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Hydro power now produces 30% of total electricity

Hidroelectrica is today the main producer of electricity in Romania, as together with the small units (MHC), the production of hydro in the national energy system was almost 31%, according to Transelectrica. Thus, today around lunch, the national system had…