about us | newsletter | contact | archive | members area
Mircea Turdea, Farmec
The cosmetics industry is an extremely dynamic field and requires active players»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

Nuclearelectrica takes into account the acquisition of several Enel operations

Nuclearelectrica analyses the possibility of acquiring several operations of Enel in Romania, but no offer has been submitted yet. The decision will be discussed by company shareholders, the company announced.

2014-09-22 09:47:11

Last year, Nucleaelectrica announced is planned to diversify the portfolio. In June this year, Enel board announced sales by the Enel Group would include its generation assets in Slovakia and its distribution and sales assets in Romania.

In Romania, the sale would involve the 64.4 per cent stake in Enel Distributie Muntenia SA and Enel Energie Muntenia SA, the 51 per cent stake in Enel Distributie Banat SA, Enel Distributie Dobrogea SA and Enel Energie SA, as well as the 100 per cent interest in the services company Enel Romania Srl (held by Enel through Enel Investment Holding BV). These companies manage a power grid of about 91,000 kilometres in the regions in which they operate, distributing about 14 TWh of electricity a year (with a domestic market share of 34%) and selling nearly 9 TWh a year to about 2.6 million customers, of which 2.4 million are residential customers (with a domestic market share of 20 per cent) and 0.2 million are businesses (with a domestic market share of 38 per cent). In 2013, those companies had revenues of 1,118 million Euro and EBITDA of 289 million Euro (consolidated figures).

The sale of the holdings in Slovakia and Romania are part of a broader 6-billion-euro programme of asset sale begun in 2013, aimed at reducing the Enel Group financial debt. To date, some 1.6 billion Euro in sales have been completed. The Slovakian and Romanian assets, together with other non-strategic assets, will contribute more than the residual target of 4.4 billion Euro, giving the programme a necessary degree of flexibility, the company stated at that time.



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  1432 Views
Daily Info
EIB offers Romania 13 billion Euro financing in 25 years

The European Investment Bank (EIB) has granted Romania 13 billion Euro worth of loans since starting its operations in the country, in 1992, according to a report of the insti...

Germanos stores in Romania rebrand into Telekom

Telekom Romania, the second-biggest telecom group on the local market, has started the rebranding process of the Germanos shops into Telekom.

OMV Petrom doubled its profit last year

OMV Petrom had a 2.49 billion RON profit in 2017, more than double than it had recorded in 2016 (1.04 billion RON), according to a report by the company.

Complet Electro Serv appoints Cristian Laza as new CEO

Complet Electro Serv, part of Altex Romania, has appointed Cristian Laza as CEO of Complet Electro Serv, producer and distributor of electric-IT equipments.

Mol Group posts highest profit in a decade in 2017

Mol Group announced its financial results for 2017. Mol increased its EBITDA by 14 per cent outperforming its 2017 target on the back of a strong financial and operational del...

 
 
   
advertising

advertising

advertising

advertising

More on News
Iohannis: Justice independence, public positions' integrity are constitutional values not to be negotiated

Promoting the rule of law and Justice independence, fighting against corruption, ensuring integrity in public positions and dignities are constitutional values that cannot ...

1 Comment

President Iohannis: The Romanian society is mature and active and needs a state to match it

President Klaus Iohannis stated, on the occasion of the annual meeting with the heads of diplomatic missions accredited in Bucharest, that the Romanian society is a mature ...

2 Comments

PM-designate Dancila: "It's important to implement governing programme"

Prime Minister-designate Viorica Dancila stated that it's important to put into practice the governing programme, but also 2018- the Centennial Year and prepare to take ove...

1 Comment

Iohannis: Romania's progress bound to stable legislation able to punish abuses

Romania's progress is inseparably bound to a coherent, stable legislation able to punish abuses and dishonesty, said President Klaus Iohannis, pointing out that the governm...

4 Comments

Mihai Tudose announces his resignation as prime minister

Mihai Tudose announced on Monday evening, at the end of the Social Democrat Party (PSD) National Executive Committee (CExN) meeting, that he resigns as prime minister of Ro...

President Iohannis meeting Juncker and Tusk in Brussels, modifications in Romanian justice among topics

President Klaus Iohannis is to meet on Wednesday, in Brussels, with President of the European Commission Jean-Claude Juncker and with President of the European Council Dona...

1 Comment

Contract for the purchase of 227 Piranha V armored personnel carriers, signed in presence of PM Tudose

The contract for the purchase of 227 Piranha V armored personnel carriers was signed on Friday in the presence of Prime Minister Mihai Tudose, Deputy Prime Minister Marcel ...