Electrica | Romania Feed

The shareholders of electricity supplier and distributor Electrica (EL.RO) on April 25 approved the distribution of dividends in the amount of almost RON40 million, from the 2023 net profit.

For the first time in Romania, electricity supplier and distributor Electrica (EL.RO) is implementing a system of artificial intelligence (AI) algorithms that will have the ability to identify in real time the energy footprint of the main receivers in its headquarters, as part of an indirect monitoring process.

State-run electricity supplier and distributor Electrica (EL.RO) has notified investors about several transactions between Distributie Energie Electrica Romania (DEER), its subsidiary, and Hidroelectrica, the largest local electricity producer, between February 17, 2022 and February 16, 2023.

The Board of Directors of Electrica SA revoked Georgeta Corina Popescu from the position of Chief Executive Officer, without cause, starting with 16 May 2022, this being the last day when the mandate contract takes effect.   “The Board of Directors thanks Mrs. Corina Popescu for her activity, for the significant changes she drove within Electrica Group, […]

The Filip & Company team assisted Societatea Energetică Electrica S.A., one of the key players on the Romanian power distribution and supply market to contract a RON 750 million financing facility for the expansion of the value chain of energy, which includes the generation of power from renewable sources.   Erste Group and Raiffeisen Bank […]