Supported byClarion Energy
HomeSEE Energy NewsRomania: Hidroelectrica prepares...

Romania: Hidroelectrica prepares for stock exchange listing

Preparations of Hidroelectrica for listing on the stock exchange have already begun, which could happen six months after getting the company out of bankruptcy, most likely in the fall of 2016th or early 2017th, said Karoly Borbely, director of strategy and corporate affairs.

He added that Hidroelectrica managed to reduce the cost of electricity production from 39.7 to 24.1 EUR per megawatt-hour.

The company had good results in 2014th, achieving a profit of 1.2 billion EUR and a turnover of 3.2 billion EUR. However, the 2015th will bring lower profits, with the production, which according to estimates will amount to 16 TWh, which is 2 TWh less than in the previous year. , transmits Serbia-energy.eu

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Southeast European power prices surge as demand recovers and wind generation drops

Electricity prices across Southeast Europe rose sharply on Monday, October 12, as demand recovered after the weekend and forecast wind generation declined. Serbian day-ahead prices climbed above €230/MWh, while Hungary, Romania and Bulgaria approached €235/MWh, increasing procurement costs for...

Greece secures EU fiscal flexibility for nearly €1 billion in energy and resilience investments

Greece has secured European Union approval for additional fiscal flexibility covering nearly €1 billion in planned energy-security and resilience investments through 2028, creating greater budgetary room for battery storage, building efficiency and technologies aimed at reducing dependence on imported...

HELLENiQ ENERGY commissions €50 million battery as Greece expands energy storage capacity

HELLENiQ ENERGY has commissioned a 100 MW/200 MWh battery energy storage system at its Thessaloniki industrial complex, marking a significant step in Greece’s shift from expanding renewable generation towards developing the flexible infrastructure needed to integrate it efficiently. Developed by...
Supported byVirtu Energy