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Romania: Electrica’s CEO is leaving the company

The Electrica SA Board of Directors and CEO Dan Cătălin Stancu agreed to terminate the collaboration starting November 1st, 2018. "The entire Board of Directors expresses full gratitude to Cătălin Stancu for his contribution to…

Romania: Electrica, net profit down by 62%

Electrica, an electricity distribution and supply group controlled by the Romanian state, recorded consolidated revenues of RON 5.6 billion (EUR 1.23 billion) in 2017, up by 1.6% over the previous year. However, the consolidated net profit…

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