Electrica estimates more than 1.1 billion euros in turnover in end-2009

The state-owned Electrica, which is one of the most important players on the electricity supply and distribution market, estimates 4.8 billion lei in 2009 turnover (1.14 billion euros), that is a slump by 17 percent on 2008, and also foresees a higher level for next year, when an energy consumption recovery is expected.'For 2009, Electrica estimates 4.8 billion lei in turnover and a gross result of 0.3 billion lei (71.4 million euros)', according to company representatives, as ...

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