Nuclearelectrica expects a 20 pct annual rise in profit in 2009

The state-owned Nuclearelectrica company, the second-largest Romanian electricity supplier accounting for 19 percent of the local market, is estimating a 20 percent annual increase in net profit in 2009, in spite of the influence of risk factors, such as higher interest rates on contracted loans and the unpredictable evolution of the exchange rate, Teodor Chirica, the company's General Manager said.. The company is not expecting a major impact of the financial crisis, 'at least not in 2009', ...

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