Nuclearelectrica sees 11 pct increase in profit in Q1

Newsroom 14/05/2015 | 15:39

Electricity supplier Nuclearelectrica profit increased in the first quarter of the year by 11 percent compared to the one registered in the similar period of 2014, from RON 35.4 million (EUR 7.95 million), the state company announced on Thursday, according to Mediafax.

Revenues increased to RON 468.79 million (EUR 105 million), from RON 461.53 million (EUR 103.5 million), while exploitation expenses decreased to RON 442.2 million (EUR 99.2 million) and production decreased by 2 percent.

Nuclearelectrica operates the Cernavoda nuclear plant, which provides nearly 20 percent of the national energy consumption, and is controlled by the state, through the Ministry of Energy.

 Nuclearelectrica, whose production was up by 0.5 percent last year and represented 18.4 percent of the national electricity total, registered in 2014 operational incomes amounting RON 1.8 billion (EUR 408.5 million), 12 percent less compared to RON 2 billion in 2013 (EUR 450 million).


BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Newsroom | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of
    I agree with the storage and handling of my data by
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue