OECD: Utility companies were responsible for half of the amounts raised from IPOs in Romania
The number of Romanian companies using capital markets remains limited and lags behind other countries in the region such as…
Distributors, summoned to connect the localities without utilities in Maramureș
The companies Berg Sistem Gaz, Premier Energy, Delgaz and Electrica are called to provide support to connect the localities in…
Electrica: Acquisition of 500,000 smart meters with over 170 mln. lei
Distributie Energie Electrică Romania (DEER), the company from the Electrica group that resulted from the merger of the three distribution…
Corina Popescu, Electrica SA: We have big development plans in the renewable sector
Electrica is in the process of implementing the Group’s strategy, which includes the acquisition or construction of new renewable projects,…
Electrica Group – net profit of 388 million lei (+87,5%) in 2020
Electrica Group obtained a consolidated net profit of 388 million lei in 2020, up by 87.5% (181 million lei) compared…
ANRE fined four energy suppliers for non-compliance with legislation in the context of liberalization
The National Energy Regulatory Authority (ANRE) fined Hidroelectrica, E.ON, Electrica and Enel with 2.01 million lei for non-compliance with the…
Corina Popescu: Energy consumers will be more and more informed, suppliers will have a hard life
Energy consumers in Romania will be more and more informed, with the liberalization of the market, and will put pressure…
Electrica supports the investigation launched by the authorities in the case of energy theft in Prahova
Electrica supports the investigation launched by the authorities in Prahova County regarding the electricity thefts and reaffirms its commitment to…
Electrica has completed the merger of its distribution companies into Distribuție Energie Electrică România SA
Electricity has completed the first stage of the merger by absorption of the three electricity distribution companies within the group,…
Corina Popescu, Electrica SA: Whoever adapts faster will win
The Electrica Group’s strategy was to ensure a balance between creating long-term value and maximizing profit for investors. These priorities…
Cristian Bosoanca, reconfirmed as chairman of the Board of Directors of Electrica
Bogdan Tudorache Cristian Bosoanca has been re-elected chairman of the Board of Directors of Electrica since January 1, 2021, it…
ANRE has increased Electrica’s distribution tariffs
The National Energy Regulatory Authority (ANRE) has increased the distribution tariffs charged by Electrica subsidiaries with values between 2.8% and…
Electrica has successfully completed the merger of FISE Electrica Serv and Servicii Energetice Muntenia
Electrica announced the successful completion of the merger of the two energy services companies within the Group, namely the Electrica…
The net profit of Electrica Group, up 146% in the first 9 months
Bogdan Tudorache The Electrica Group reported, for the first 9 months of 2020, a consolidated net profit of RON 396…
Electrica buys energy with 50.5 euro/MWh from Nuclearelectrica, in a transaction of 21.5 mln. lei
Bogdan Tudorache Electrica Furnizare (EFSA) bought last week 87.6 GWh of electricity from Nuclearelectrica, at a price of 246.29 lei/MWh…
partnerg-i: Spectacular upheavals of power suppliers’ market shares
The comparison of active power suppliers competitive market shares in July 2020 vs. July 2019 shows important changes. The months…
Electrica signs new deal with Wood&Co for market making services
Electrica signed a new market making services contract with Wood&Co for assuring a good liquidity in the stock market, according…
Electrica has started diversification – the subsidiary Electrica Furnizare has completed the acquisition of the Stănești Photovoltaic Park
Bogdan Tudorache Electrica started the diversification process, by taking over a 7.5 MW photovoltaic park, according to a report of…
Electrica: Inclusion in the “black list” of the Competition violates the rights and harms the company’s image
Bogdan Tudorache The inclusion of Electrica in the “black list” published by the Competition Council violates the rights and harms…
Electrica shareholders approved the merger of the three distribution companies
The Extraordinary General Meeting of Shareholders (EGMS) of Electrica approved, with 100% of the votes of the present shareholders, the…
ANRE: Energy suppliers must purchase 3.8 mln. green certificates for Q2
Economic operators carrying out energy supply activities are required to purchase a total of 3.8 million green certificates for the…
Electrica Group’s profit increases by 74% in H1
The Electrica Group obtained, in the first half of 2020 (H1), a consolidated net profit of RON 190 million, registering…
ELECTRICA Time of change
The Electrica Group is going through major transformations, meant to modernize companies, to unify them digitally, to increase efficiency and…