Electrica Archives - Balancing Energy

Romania: Electrica reports strong Q1 2025 performance with significant profit growth

Electrica delivered a robust financial performance in the first quarter of 2025, posting a net profit of approximately 39.4 million euros. This represents a 53.2% increase compared to the same period in 2024. The growth was primarily driven by improved results in the electricity distribution segment, supported by higher distributed volumes and increased tariffs. The […]

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Romania: Hidroelectrica to complete long-delayed Rastolita hydropower plant by 2025

Romanian electricity producer Hidroelectrica is set to complete the long-awaited Rastolita hydropower plant in Mures County by the end of 2025, following government approval to clear over 30 hectares of forest to finalize construction. Energy Minister Sebastian Burduja confirmed that the plant is 89% complete, with more than 144 million euros already invested in the

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Romania: Electrica reports net profit of 25,6 million euros in Q1

In the first three months of 2024, EBITDA at the Electrica Group level increased by 170 percent, reaching RON 400.8 million (80.5 million euros), compared to RON 148.7 million (29.9 million euros) achieved in the first three months of 2023. The EBITDA growth was mainly driven by the operational performance of the distribution segment on

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