Hidroelectrica posts record profit in 2018

State-controlled Hidroelectrica, the largest Romanian electricity producer, posted a record RON 1.55 billion (EUR 330 million) net profit in 2018, up 13.9% compared to the previous year. Its turnover increased by 30.7% to RON 4.25 billion (EUR 900 million), according to unaudited data published in the annual report of Fondul Proprietatea (FP), a minority shareholder in the company, quoted by ...

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