Hidroelectrica Group reports a gross electricity production of 14,224 GWh in 2024, down by 22% compared to 2023, of which 13,928 GWh represents gross production obtained from hydro sources, according to preliminary data posted on Monday on the Bucharest Stock Exchange website.Net electricity production represents 13,864 GWh (minus 21%), of which 13,576 GWh from hydro sources (minus 22%).Electricity production from wind sources was 288 GWh (minus 15%).According to the preliminary key operational indicators of the Hidroelectrica Group for 2024, Hidroelectrica purchased a quantity of 802 GWh of electricity last year, down by 53% compared to 2023.The total quantity of electricity sold by the Hidroelectrica Group in 2024 amounts to 14,665 GWh, down by 24% compared to 2023.Hidroelectrica specifies that the information contained in this report is preliminary and may differ from the final results. "The report contains estimates regarding the Group's results, which reflect the Company's current knowledge and are accompanied by risks and uncertainties that may lead to differences between the final results and those included in this report, therefore it does not represent a guarantee of the company's performance and should be viewed with caution," the report reads.According to the financial calendar, the final financial results for 2024 are to be published on March 26, 2025.Hidroelectrica is a leader in electricity production and the main provider of technological services necessary in the National Energy System. With an average hydrological annual production of over 17 TWh generated in branches strategically located throughout the country, Hidroelectrica provides about 30% of the country's total production. (Photo:https://www.facebook.com/)
Vaunt, a Romanian real estate technology platform, is expanding into the United States after surpassing 80 clients and a transaction portfolio of nearly EUR 860 million. The expansion targets New York and Miami specifically. “Vaunt is a platform that helps real estate developers manage the sales process from the moment they receive the building permit until […]
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Romania's Instant Factoring announced its participation in a cross-border securitization transaction valued at up to EUR 30 million. The move, the company said, "opens a new stage of growth for both Romanian fintech and the alternative financing market in Romania and Spain." The transaction involved the establishment of a securitization fund - Instant Factoring 2025-I, […]
Meta Estate Trust, a holding company active in the real estate sector and listed on the Bucharest Stock Exchange (BVB) under the symbol MET, announced that it signed the mandate agreement with its new Chief Executive Officer (CEO), Dan Petrișor. The appointment decision was made by the Board of Directors on October 31, and the […]
Former star coach Emerich Jenei, one for Romania's best, passed away on November 5, 2025, at the age of 88. He achieved the greatest performance of Romanian football: winning the European Champions Cup with Steaua București on May 7, 1986, in Seville, in the famous final against F.C. Barcelona. Emeric Alexandru Ienei (Imre Sándor Jenei) […]
