♦ Hidroelectrica budgeted for this year's revenues of 10.3 billion lei, in slight increase from those of 2024, and a net profit of 3.55 billion lei, descending by 13%. ♦ The company has a stock exchange of 55 billion lei.
Hidroelectrica (H2O), the largest electricity producer in Romania, has an investment program this year amounting to 1.7 billion lei, says Károly Borbély, CEO of the state company, adding that the money will go to maintenance, modernization, retehnologization and project purchases or participation in M&A or projects. «Last year I closed with 680 million lei, investments necessary for the energy sector and for a very good consolidation. (…) What is happening in the energy sector is the result of the last three years of consistency in the same direction. It never came to drill the Black Sea next to OMV or Hidroelectrica to have a program and to have a 1 year. It is extremely much, «said Károly Borbély in the ZF Live show.
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