Electrica

Nuclearelectrica registers rise in net profit by 12.3%, to 385.4 million RON, in H1

The National Company Nuclearelectrica (SNN) registered, during the first half of this year, a net profit of 385.393 million RON, rising by 12.3%, in comparison with the similar period of 2020, according to the company's financial results, published on the Bucharest Stock Exchange (BVB).

Transelectrica and University Politehnica of Bucharest to set up first integrated digital lab in Romania

The National Company for Energy Transport Transelectrica and the University Politehnica of Bucharest (UPB) have signed a partnership through which they will establish and operationalise DigiTEL, the only integrated digital laboratory in Romania, for testing future technologies from the energy sphere, the company informs.

Energy Ministry official: Electricity Law rewritten with EBRD assistance, Natural Gas Law to be upgraded

The Electricity Law is being rewritten under a consultancy program, with the help of the European Bank for Reconstruction and Development (EBRD), and the Romanian authorities are in talks with the World Bank for support for upgrading the Natural Gas Law, Secretary of state with the Energy Ministry Niculae Havrilet told a specialist video conference today.

Investments worth 1.563 billion lei in electricity networks last year

Electricity distribution and transmission operators invested a total of 1.563 billion lei last year, compared to a forecasted value of 1.572 billion lei, which means an achievement of over 99 percent, according to a press release of the Romanian Energy Regulatory Authority (ANRE), sent to AGERPRES on Monday.

Nuclearelectrica posts 27.8 pct higher profit in 2020

Energy producer Nuclearelectrica, the operator of the Cernavoda nuclear power plant, closed last year with a net profit of 684.7 million lei, by 27.8 percent higher compared to 2019, according to a company statement issued on Thursday. The company's energy output was 10,558 GWh, up 2 percent from the year before.

Hidroelectrica acquires Crucea Wind Park, STEAG Energie Romania

Hidroelectrica and STEAG GmbH have signed an agreement on the takeover by the Romanian hydro power producer of the Crucea Wind Farm and STEAG Energie Romania, following a highly competitive process involving both local and international bidders, according to a Hidroelectrica release submitted on Wednesday, AGERPRES.

Ambassador Zuckerman: Exim US intends to support strategic investments in Romania, secure USD 7bln lines of credit

Bucharest, Dec 4 /Agerpres/ - The Ambassador of the United States of America (USA) to Romania, Adrian Zuckerman, announced on Thursday, during a visit to Portile de Fier [ed.n.- Iron Gate Hydroelectric Power Station], the intention of Exim Bank US to support strategic investments in Romania and to ensure lines of credit of about 7 billion US dollars.

Developing local investor community, top priority for Bucharest Stock Exchange

Developing local investor community so as to have a much higher participation of the Romanian population in the capital market is the top priority for the Bucharest Stock Exchange (BVB), CEO Adrian Tanase affirmed. "It is very important to have a dialogue with companies and familiarize them with the mechanisms of the capital market so that entrepreneurs fully understand its advantages.

An Arson of a Cable Shaft Left the Metropolitan District "Druzhba" without Electricity

An intentional arson of a cable shaft on Tsvetan Lazarov Street in the Druzhba district in Sofia provoked a cable fault, the press center of CEZ Bulgaria announced. The accident triggered the power supply disruption of about 5,500 households and companies in the region of Druzhba 2, Gara Iskar quarter and 7 km. CEZ has restored the power supply on an alternative route.

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