Most profitable state energy companies

The largest energy companies, Electrica, Transelectrica, Nuclearelectrica, Romgaz, Transgaz, Hidroelectrica and the thermal energy plants, still part of the Romanian state portfolio, enjoyed turnover in 2008 worth over 5.4 billion euro, with growth mostly due to a rise in electricity prices, and gross total profit in excess of 782 million euro, according to centralized data compiled by Business Standard, based on preliminary information reported by companies. Electrica claims top ...

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