06.23.2014

The Romanian Government is selling 51% in electricity distribution and supply company Electrica in an initial public offering worth more than EUR443 million, yet the 11,245 employees of the company do more

06.20.2014

Electrica, a company which is now selling 51% of its share in the largest ever public offering on the Bucharest stock exchange, aims to invest 6.27 billion lei (EUR1.4 billion) by 2018 in energy more

06.19.2014

The initial public offering through which Romania seeks to sell 51% in energy company Electrica SA has a good evolution and might be fully subscribed by Monday, two days before completion date, more

06.18.2014

Bucharest Stock Exchange is flooded by the biggest share offering in its history, worth 3 billion lei (EUR700 million), in the energy system’s crown jewels Romgaz (SNG.RO) and Electrica (EL.RO). more

06.16.2014

Small retail investors subscribed over 60% of the stock available in their segment during the first day of an initial public offering through which Romania seeks to sell 51% in energy company more

06.12.2014

Romanian Electrica’s upcoming initial public offering may be a good speculative opportunity for retail investors as the minimum price of 11 lei a share is below the price projected for the next 12 more

06.12.2014

Romanian state-run energy company Electrica SA’s planned initial offering of 51% of its shares will be launched on June 16 in Bucharest and London, with small retail investors being able to more

06.12.2014

The Bucharest Stock Exchange (BVB) is set to launch, at the end of this week, a campaign meant to inform small investors on Electrica's stock sale, set to be the largest initial public offering in the more

06.11.2014

Romanian state-run electricity distributor and supplier Electrica SA has set a price range for its planned initial public offering in Bucharest and London at 11 to 13.5 lei (EUR2.5 to EUR3.07) per more

06.09.2014

The European Bank for Reconstruction and Development (EBRD), one of the largest institutional investors present in Romania, is likely to invest at least EUR50 million in the initial public offering more

06.03.2014

The planned initial public offering of 51% in Romanian state-run electricity distributor and supplier Electrica SA will most likely take place in the June 16-June 25 period, people familiar with the more

06.02.2014

Romanian Prime Minister Victor Ponta said Monday that the money raised from the planned initial offering of 51% in state-run energy distributor Electrica SA will be used by the company to develop an more

05.30.2014

Romanian state-run electricity distributor and supplier Electrica SA reported a consolidated net profit of 60 million lei (EUR13.4 million) in the first quarter, on total sales of RON1.2 billion, the more

05.30.2014

Romania's state-owned power producer Electrica SA notified the London Stock Exchange Friday morning of its intention to be floated on that market, Energy Minister Razvan Nicolescu said Friday at the more

05.23.2014

The initial public offering of state-owned Electrica, which supplies power to Transylvania and northern Muntenia (southern region of Romania), will be carried out between June 10 and June 23, people more

05.22.2014

Romania’s plan to guarantee a minimum number of shares for small retail investors at the upcoming offering of 51% in state-run electricity distributor Electrica SA is bound to increase the more

05.20.2014

Preparations for the initial public offering of Electrica, a company that supplies power to Transylvania and northern Muntenia (region in south of Romania) have entered the finishing straight. more

05.15.2014

The three energy distribution units of Romanian state-owned electricity distribution company Electrica SA reported overall revenues worth 2.16 billion lei (EUR490 million) in 2013, up 6.3% from more

04.30.2014

Retail investors subscribing to the initial public offering in which the government intends to sell 51% in the Electrica group in early June will have a guaranteed minimum allotment of shares. This is more

04.28.2014

Romanian investment fund Fondul Proprietatea (FP.RO) is negotiating the acquisition of a minority stake in state-owned electricity distributor SC Electrica SA in exchange for its holdings in four of more

04.10.2014

Romania’s planned initial public offering of a 51% in state-run electricity distributor Electrica SA will include three separate packages for corporate and retail investors and the shares will be more

04.08.2014

E.ON Romania, a unit of Germany’s utility E.ON, has paid the Romanian government EUR31.5 million for a batch of shares in its local units E.ON Energie Romania and E.ON Moldova Distributie, the more

03.30.2014

The new unitary corporate governance strategy of Romanian state-owned electricity distributor SC Electrica SA breaches minority shareholders’ rights, and might jeopardize the IPO scheduled for June, more

03.19.2014

The splitting of Romanian state-owned electricity distributor SC Electrica SA will be decided Thursday in the general shareholders’ meeting, Gabriel Dumitrascu, head of the privatization division more

02.26.2014

Romania plans to obtain over EUR400 million from selling 51% in state-owned electricity distributor and supplier Electrica, but the price also depends on market conditions, Gabriel Dumitrascu, head of more