Company Overview of Electrica Transilvania Sud
Electrica Transilvania Sud is a power distribution company. It supplies electric power through branches in the Alba, Brasov, Covasna, Harghita, Mures, and Sibiu regions. The company’s services include electricity acquisition and management, tariff administration, and metering and billing. Electrica Transilvania Sud is based in Brasov, Romania. The company is a subsidiary of Electrica SA.
25, Pictor Luchian Street
Key Executives for Electrica Transilvania Sud
Electrica Transilvania Sud does not have any Key Executives recorded.
Electrica Transilvania Sud Key Developments
Electrica Announces Plan To Purchase Entire Stake Held By Fondul Proprietatea In Four Subsidiaries
Nov 10 15
S.C. Electrica S.A. (LSE:ELSA) is planning to acquire stake some stake held by SC Fondul Proprietatea SA (BVB:FP), in four of its subsidiaries. Management Board of Electrica has mandated to start negotiations with Fondul Proprietatea on behalf of Electrica to acquire the entire stake held by the latter in the share capital of Electrica's subsidiaries, respectively Electrica Muntenia Nord SA (EDMN), Electrica Distributie Transilvania Nord SA(EDTN), Electrica Transilvania Sud (Electrica Distributie Transilvania Sud-EDTS) and SC Electrica Furnizare SA (Electrica Furnizare). S.C. Electrica shall purchase 21.99% stake EDMN or 7.8 million shares; 22% stake of EDTN or 8.17 million shares; 21.99% stake of EDTS or 9.33 million shares; and 22% stake of Electrica Furnizare or 1.37 million shares. At the completion of the negotiation process, the Board is required to publicly announce the offered price, either accepted or not accepted by Fondul Proprietatea, together with the economic argumentation that formed the base of the offer. Board will have to close the negotiation process by March 31, 2016.
Electrica Planning To Acquire Additional Stake In Its Four Units
Sep 24 15
S.C. Electrica S.A. (LSE:ELSA) may acquire additional stakes in its four subsidiaries that are held by SC Fondul Proprietatea SA (BVB:FP). Electrica said that extraordinary general meeting of shareholders is scheduled on November 10, 20145 or November 11, 2015 to start negotiations. The four units are Electrica Muntenia Nord SA (EDMN), Electrica Distributie Transilvania Nord SA (EDTN), Electrica Transilvania Sud (EDTS) and SC Electrica Furnizare SA (EF).
Electrica Distributie Transilvania Sud SA Reports Earnings Results for the Year 2014; Provides Earnings and Dividend Guidance for the Year 2015
May 15 15
Electrica Distributie Transilvania Sud SA reported earnings results for the year 2014. For the year, the company reported total revenue of RON 739.3 million, operating profit of RON 121.4 million and net profit of RON 100.1 million compared to total revenue of RON 716.1 million, operating profit of RON 90.3 million and net profit of RON 69.3 million reported in the same period last year.
For the year 2015, the company expects to report total revenue of RON 779.3 million, operating profit of RON 142.2 million and net profit of RON 110.4 million.
For the year 2015, the company reported dividend guidance of RON 87.8 per share compared to RON 79.8 per share declared last year.
Similar Private Companies By Industry
Recent Private Companies Transactions
|No transactions available in the past 12 months.|