Browsing: hidroelectrica

From a record profit of RON 6 billion (1.2 billion euros, +35% y/y) in 2023 achieved thanks to a record electricity production, Hidroelectrica expects its net…

Citing the lower price of electricity, the analysts of the US investment bank Morgan Stanley revised downwards the target price for the shares of the Romanian…

Hidroelectrica announces a transaction for the takeover of UCM Resita (UCMR), specialises in manufacturing and trading of hydro aggregates and ancillary equipment, as well as in…

Romanian hydropower producer Hidroelectrica on November 14 cancelled the tenders for contracting the feasibility study related to a planned 1,500MW photovoltaic park in southern Romania. The…

The net profit of the Romanian company Hidroelectrica (BVB: H2O), the largest electricity producer in Romania, increased by 42% in the first nine months compared to…

The Supervisory Board of Hidroelectrica has appointed a new member of the Management Board for a four-year mandate, starting from November 7. Karoly Borbery has been…

OMV Petrom is the largest and the most profitable company in southeastern Europe, according to 2022 financial results. OMV Petrom’s revenues more than doubled to 13.4 billion…

Hidroelectrica has commissioned the first modernized unit at hydropower plant Slatina. The modernization works were completed by Hidroserv and the total investment in the project reached 5.2…

Hidroelectrica and Masdar are planning to invest in the construction of floating solar power plants, with a capacity of 1,500 MW, CEO of Romanian electricity producer Hidroelectrica…

Romanian electricity producer Hidroelectrica expects by October 12 bids from consultants ready to provide the support documents, including a feasibility study and selection procedures, for finding the…