Hydroelectrica Cuts Its Estimated Profit to 3 Billion Lei After Drought and Larger Market Purchases
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4 Articles
Hydroelectrica cuts drastically from the estimated profit this year, on the basis of the lack of water, and the increase in the purchases of expensive energy from the market made mainly to cover the consumption of its own customers, according to the proposal of the corrected budget to be approved by shareholders, informs Economy.net. Hydroelectrica is the largest producer of electricity [...] Hydroelectrica, affected by the lack of water. The co…
Hydroelectrica reduces its estimated net profit for 2026 to 3 billion lei, after decreasing production by 18% and purchasing 3.2 TWh from the market.
Hydroelectrica reduces its profit estimate for 2026, based on drought and expensive energy purchases; the company proposes to shareholders a rectified budget, estimating a net profit of 3 billion lei, in 2026
Hydroelectrica, the largest electricity producer in the country, but also supplier with more than 1.3 million domestic customers, drastically cuts its estimated profit this year, on the basis of the lack of water, and the increase in the purchase of expensive energy from the market made mainly to cover the consumption of its customers, according to the revised budget proposal to be approved by shareholders.
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