Romania: Nuclearelectrica increases the capital with new shares issuing

Published on 10. September 2014., SEE Energy News

Shareholders of Nuclearelectrica energy company were called on October 6, to approve a capital increase of USD 241.5 million by issuing 24,149,991 new shares.The capital of Nuclearelectrica would go from 2.818 billion lei to 3.059 billion lei.

“Nuclearelectrica” ​​ended the first half of the year with a net profit of 60.425 million lei , 69% lower than that recorded in the same period last year (196,122,000 USD) Special construction tax is one of the reasons, according to a statement.

Revenues from electricity sales were 783.1 million lei ( 11% lower than in H1 2013), and the amount of electricity sold was 5.2 TWh (a decrease of 1.8% compared to the first half of last year).

“Nuclearelectrica” ​​was listed on BVB year past, when the state sold 10% of shares in the initial public offering at a price of 11.2 lei / share. Since listing, the securities SNN had a steady decline.