Acasă » Electricity » Nuclearelectrica announces a net profit of over 2.7 bln. lei for 2022

Nuclearelectrica announces a net profit of over 2.7 bln. lei for 2022

26 February 2023
Electricity
energynomics

Nuclearelectrica recorded a net profit of 2.73 billion lei in 2022, up 163.4% compared to the same period of the previous year, according to preliminary data sent to the Bucharest Stock Exchange on Friday.

Total revenues during the mentioned period amounted to 6.366 billion lei (3.11 billion lei in 2021) and EBITDA (profit before interest, taxes, depreciation and amortization) to 3.547 billion lei (plus 103.6%).

Energy production delivered to the National Energy System totaled 10,200 GWh (minus 1.7% compared to 2021). On the free market, Nuclearelectrica delivered 99.61% of the energy sold last year. The average selling price of the electricity sold was 600.15 lei/MWh (284.29 lei/MWh in 2021), according to Agerpres.

On December 31, 2022, the company had total debts of 1.3 billion lei. The company owed additional income tax, namely the contribution to the Energy Transition Fund, in the amount of 1.08 billion lei. According to GEO no. 119/01.09.2022, starting from September 1, 2022, for the period September 1, 2022 – August 31, 2023, electricity producers pay a contribution to the Energy Transition Fund.

The Nuclearelectrica National Company is administered in a unitary system, having a central headquarters and two branches without legal personality, namely the Cernavodă Nuclear – Electric Power Plant and the Pitesti Nuclear Fuel Plant.

The main activity of the company consists in the production of electrical and thermal energy through nuclear processes. The two operational nuclear reactors at Cernavodă are based on CANDU technology.

The main shareholder of Nuclearelectrica is the Romanian State, through the Ministry of Energy, with 82.4981% of the shares. The company has been listed on the Bucharest Stock Exchange since November 2013.

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