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May 18, 2021

Ponta: I hope that Hidroelectrica will exit insolvency in June

Premier Victor Ponta said Monday that he hopes that Hidroelectrica will exit the insolvency procedure in June this year, and 10 pc of this state company will be listed on the stock exchange in the autumn, Mediafax reports. Ponta spoke about the success achieved in the case of Transgaz and the fact that he hopes the same will happen with Nuclearelectrica. Hidroelectrica registered in Q1 a gross profit of RON 144 M (EUR 32.8 M), coming after a loss of RON 136 M in the first three months of last year, and had a turnover of RON 661 M (EUR 150.7 M), up 15.7 pc. The company entered insolvency in June last year.

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