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/)
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 […]
Renting is steadily becoming more common in Romania, as access to credit becomes increasingly difficult. As such, even though rents traditionally tend to decrease in October, this year they have kept steadily increasing in most major cities. Traditionally, the demand for rentals increases in August and September, when students return to the major university cities. […]
Demand for logistics and industrial space in Romania reached 750,000 square meters in the first nine months of 2025, a 30% increase compared with the same period last year, according to the Romania Industrial Marketbeat Q3 2025 report by real estate consultancy company Cushman & Wakefield Echinox. If the current pace continues, the total volume […]
Documentary Mondays and Fiction Tuesdays, the programs of the Czech Center in Bucharest, return between November 10 and November 25 with screenings of six contemporary and classic European films. Documentary Mondays, the Czech Center's longest-running film program, proposes documentaries that reflect on the present, memory, trauma, and the ways in which we relate to the […]
Booking Holdings Romania, Servier Pharma, JYSK Romania, Schneider Electric, and Deichmann are the most appreciated companies by their own employees, according to Top Employers Undelucram.ro 2025. The list is based exclusively on feedback from employees rather than public image or marketing perception. The ranking made by Undelucram.ro, a leading online employee community in Romania, is […]
On New Year’s Eve, the local authorities in Constanța will no longer organize the traditional fireworks display. The decision was made to protect animals as well as the environment. The seaside city of Constanța thus joins a growing list of cities in Romania to ban fireworks, Digi24 reported. Cluj-Napoca, Ploiești, Iași, and Brașov...
