March 02, 2015 6:22 PM ET

Electric Utilities

Company Overview of Societatea Nationala Nuclearelectrica S.A.

Company Overview

Societatea Nationala Nuclearelectrica SA generates electricity using nuclear power plants in Romania. The company operates two nuclear reactors in Cernavoda in the eastern part of Romania. It also generates thermal power; manufactures nuclear fuel; and provides human resources training and optimization services. The company is headquartered in Bucharest, Romania.

65 Polona Street

Sector 1

Bucharest,  010494

Romania

Phone:

40 21 203 8200

Fax:

40 21 316 9400

Key Executives for Societatea Nationala Nuclearelectrica S.A.

Societatea Nationala Nuclearelectrica S.A. does not have any Key Executives recorded.

Societatea Nationala Nuclearelectrica S.A. Key Developments

Nuclearelectrica Announces Preliminary Earnings Results for 2014

Nuclearelectrica announced preliminary earnings results for 2014. For the year, the company’s net profit dropped 68% to RON 137 million, mainly hurt by a new tax introduced at the beginning of the year. Earnings before interest, taxes, depreciation and amortization (EBITDA) fell 32% on the year to RON 606 million. Earnings before interest and taxes (EBIT) dropped 61% to RON 180 million. Revenues from electricity sales fell to RON 1.69 billion from RON 1.83 billion in 2013.

Nuclearelectrica Provides Dividend Guidance for 2014

Given the preliminary net profit, and assuming a pay-out of 75%, Nuclearelectrica sees a 2014 dividend per share of RON 0.33.

Societatea Nationala Nuclearelectrica S.A. to Report Fiscal Year 2014 Results on Feb 16, 2015

Societatea Nationala Nuclearelectrica S.A. announced that they will report fiscal year 2014 results on Feb 16, 2015

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