Supported byClarion Energy
HomeSEE Energy NewsRomania, Electrica recorded...

Romania, Electrica recorded a net loss in the amount of 36 million euros in H1 2022

Romanian electricity distributor and supplier Electrica recorded a net loss in the amount of 36 million euros in the first half of 2022, compared to a profit of 15.5 million euros in the same period last year.

The company’s revenues rose by 42 % year-on- year to 943 million euros in the first six months of the year. However, expenses for purchased electricity soared by 128 %, reaching 1.01 billion euros.

Electrica distributed a total of 8.986 TWh of electricity in the first half of 2022, a 2.3 % decrease compared to the first half of 2021.

Total assets of Electrica Group increased to 1.96 billion euros at the end of June, compared to 1.6 billion euros at the end of 2021.

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Rompetrol Rafinare boosts Petromidia storage capacity amid refinery upgrade

Rompetrol Rafinare is expanding storage capacity at its Petromidia refinery as part of a programme aimed at improving the flexibility and reliability of crude oil and fuel logistics. The company’s works include changes to tank capacity and refurbishment across...

Romania emergency Danube measures for cooling-water supply at Cernavoda

Three-stage plan tied to intake basin water level Romania has approved an emergency intervention plan aimed at maintaining cooling-water supplies for the Cernavoda nuclear power plant amid exceptionally low Danube levels. The measures would be triggered if the water level...

Romania becomes Southeast Europe’s battery-financing laboratory

Romania is moving beyond announcing battery projects and beginning to demonstrate how large-scale storage can actually be financed. August produced some of the clearest evidence yet. Econergy’s Părău 2 project secured a financing package of approximately €229 million from six banks and financial institutions. The...
Supported byVirtu Energy