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/)
The service center for the banking Societe Generale Group, the Societe Generale Global Solution Centre, announced the appointment of Laurent Mirjol as Chief Executive Officer, effective June 1, 2025. The new CEO will oversee the activities and develop the strategy of Societe Generale Global Solution Centre Romania. With over 20 years of experience in the […]
During a press conference held on Monday, July 14, Romanian president Nicușor Dan defended the recent tax hikes enacted by the government, underlining the need to reassure creditors and lower the country’s public debt. Nevertheless, he said that the VAT increase was decided by the government. In the presidential campaign, then-candidate Nicușor Dan promised to
The famous Pompidou Center in Paris will organize a retrospective of the complete works of Romanian director Radu Jude between September 23 and October 11. The retrospective brings together films made over twenty years by the prolific Romanian director. The event will open and close with two of the most recent films, namely “Kontinental 25” […]
Romanian president Nicușor Dan presented the expenses incurred in the electoral campaign and who the main donors were during a press conference on Monday, July 14. Over the first and second rounds of the presidential elections, Dan's campaign spent over RON 60 million (EUR 12 million), and the biggest individual donors were Măriuca and Florin...
Haleon, a global leader in consumer health, has appointed Wael Kaskas as General Manager for its Hungary, Romania, Czechia, and Slovakia cluster. With a strong background in FMCG, consumer healthcare, and supermarket retail, Kaskas brings extensive experience in managing billion-dollar portfolios and leading business transformations, the company said. Before this role, Kaskas was responsible for […]
Vadoo Fest returns on August 21–24 to the meadows of Vadu Oii, Buzău County, with a new edition that invites participants to slow down and reconnect. Now in its seventh year, the festival promises a special experience rooted in nature, music, and human connection. This year’s line-up blends depth and groove, featuring Grammy-winner Judith Hill, […]
