Electrica doubles market share

Electrica SA, a fully state owned utility, has managed to become the largest electricity supplier in Romania, outperforming its main direct competitor, Energy Holding, in the first seven months of 2008, read data with the National Energy Regulatory Authority (ANRE).Electrica reported a business turnover of RON 4.5 billion (nearly 1.25 billion euros) in the first nine months of 2008, up 30 percent year on year. The company's gross profit reached a record level of RON 1.6 billion ...

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