Romania: Profit of Romania's Hidroelectrica plunges by one-third on lower (…)

November 15, 2024

Profit of Romania's Hidroelectrica plunges by one-third on lower energy output
Nov 15, 2024

Profit of Romania's Hidroelectrica plunges by one-third on lower energy output.

Romania's leading energy producer, Hidroelectrica (BVB: H2O), announced its output decreased by 22% y/y to 11.35TWh in January-September, citing both market conditions (a change in the regulations that resulted in volatile prices and volumes traded) and adverse hydrological conditions. The (…)

[Read the article in Romania Business Insider]

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