AETA Curtea de Arges (ELGS.RO), formerly Electroarges, ended the first nine months of 2024 with a loss of RON8.1 million, compared with a loss of RON8 million in the same period of 2023, while contract revenue shrank by 6.6% to RON26.4 million.
The Board of Directors of electricity supplier and distributor Electrica (stock symbol: EL) has called shareholders for a meeting on February 5, 2025 to vote in favor of approving an investment project worth nearly EUR250 million (the equivalent of RON1.3 billion), the company has announced in a report published at the Bucharest Stock Exchange on Nov 20.
The European Investment Bank (EIB) is lending EUR200 million to Romanian energy distributor Delgaz Grid to upgrade the electricity network in Romania's northeastern region of Moldavia.