Last $12.81 USD
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07/4/14 - $13.85
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11/28/14 - $12.57
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electrica sa-gdr-144a (51FL) Details

S.C. Electrica S.A., together with its subsidiaries, operates as an electrical power distribution and supply company in Romania. It provides electric distribution services to electricity suppliers; and supplies electricity to consumers in Muntenia Nord area, Transilvania Nord area, and Transilvania Sud area. The company also offers consultancy and design, maintenance, and investments and rehabilitations services, as well as maintenance services for power equipments and metering equipment. As of March 31, 2014, it operated 8,389 km of high voltage lines, 45,643 km of medium voltage lines, and 134,834 km of low voltage lines. The company was founded in 1898 and is headquartered in Bucharest, Romania.

12,780 Employees
Last Reported Date: 04/15/14
Founded in 1898

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electrica sa-gdr-144a (51FL) Key Developments

Bidders Reportedly Interested In Enel's Romanian And Slovak Holdings

Bidders reportedly interested in Enel SpA's Romanian and Slovak holdings are E.ON SE (DB:EOAN), GDF SUEZ S.A. (ENXTPA:GSZ), S.C. Electrica S.A. (LSE:ELSA) and Societatea Nationala Nuclearelectrica S.A. (BVB:SNN). The negotiations for the sale of Enel Romanian assets are at the stage of non-binding offers and the bidders who have qualified for the second stage are expected to be announced in February.

S.C. Electrica S.A. Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

S.C. Electrica S.A. announced earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, profit attributable to owners of the company was RON 82.52 million or RON 0.41 per share compared to RON 104.17 million or RON 0.50 per share for the same period a year ago. Revenues were RON 1.16 billion compared to RON 1.25 billion for the same period a year ago. For the nine months, profit attributable to owners of the company was RON 213.84 million or RON 0.83 per share compared to RON 265.71 million or RON 1.29 per share for the same period a year ago. Revenues were RON 3.46 billion compared to RON 3.86 billion for the same period a year ago.

Electrica Reports Consolidated Earnings Results for the Third Quarter and First Nine Months of 2014

Electrica reported consolidated earnings results for the third quarter and first nine months of 2014. For the quarter, the net profit accounted RON 109 million, a 1% increase versus the second trimester 2014. For the nine months, 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. 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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