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November 25, 2015 8:01 PM ET

Electric Utilities

Company Overview of Electrica Transilvania Nord

Company Overview

Electrica Transilvania Nord is a power distribution company. It supplies electric power through branches in Cluj, Bihor, Maramures, Satu Mare, Salaj, and Bistrita Nasaud regions. The company’s services include electricity acquisition and management, tariff administration, and metering and billing. Electrica Transilvania Nord is based in Cluj–Napoca, Romania.

27, Memorandumului Street

Cluj–Napoca,  400114


Founded in 2002


40 26 459 5721


40 26 420 5998

Key Executives for Electrica Transilvania Nord

Electrica Transilvania Nord does not have any Key Executives recorded.

Electrica Transilvania Nord Key Developments

Electrica In Talks To Acquire Stake In Units From FP

S.C. Electrica S.A. (LSE:ELSA) informed shareholders and investors that there are preliminary discussions between Electrica and SC Fondul Proprietatea SA (BVB:FP) in relation to a potential acquisition by Electrica of the minority participations held by FP in Electrica Transilvania Sud, Electrica Transilvania Nord, Electrica Muntenia Nord SA and SC Electrica Furnizare SA.

Electrica Transilvania Nord Announces Consolidated Earnings Results for the Third Quarter and Nine Months of 2014

Electrica Transilvania Nord announced consolidated earnings results for the third quarter and nine months of 2014. For the third trimester 2014 the net profit accounted RON 109 million, a 1% increase versus the second trimester 2014. In the first nine month of 2014, the company generated a consolidated net profit of RON 306 million, which means an increase of RON 12 million, respectively 4%, compared to the same period of 2013, excluding the transferred minority shareholdings. The operational profit during the first nine months of 2014 reached RON 372 million, a 3% increase compared to the same period of 2013. During the above mentioned period the total revenues reached RON 3,558 million, a RON 412 million and 10% decrease compared to the first nine months in 2013.

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