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Hidroelectrica SA

Summary

Company ID (NIN)

13267213

Company owner / manager

  • State
  • Fondul Proprietatea SA

Country

Romania

Capital

4,481,650,630

Total assets

18,849,291,724

Net profit for the period

1,227,666,438

Report year

2016

Currency

RON

Industry

Hydropower

General information

About Hidroelectrica SA

Hidroelectrica SA is a Romanian state-owned company for hydroelectric power generation. It is also the national provider of ancillary services.

The company has:

  • an ISO 9001:2008 Quality management systems certificate, valid until June 2017.
  • an ISO 14001:2004 Environmental management systems certificate, valid until June 2017.
  • an OHSAS 18001:2007 Safety and health management certificate, valid until June 2017.

 

Last updated on Aug 16, 2017.

Meta info
Status
Active
Legal form
Joint Stock Company
Incorporation date
Jan. 1, 2000
NIN
13267213
Tickers
Stock Exchange
ISIN
Profile last updated
Aug. 16, 2017, 10:42 a.m.
Alternative names

    SCPEEH Hidroelectrica SA;
    SCPEEH Hidroelectrica JSC;
    Hidroelectrica JSC;
    SC Societatea Comerciala de Producere a Energiei Electrice in Hidrocentrale Hidroelectrica SA;
    Societatea Comerciala de Producere a Energiei Electrice in Hidrocentrale Hidroelectrica JSC

History

    2000 – Hidroelectrica SA, engaged in hydropower generation, is set up in Bucharest, the capital of Romania, with a subscribed capital of RON 3.49 trln. The company spins off from Romania's electricity company Compania Nationala de Energie Electrica (CONEL) SA.

    June 20, 2012 - The Bucharest Court launches insolvency proceedings against the company. EURO INSOL SPRL, represented by Remus Borza,  is the appointed judicial administrator.

    June 20, 2013 - The Bucharest Court approves reorganisation plan of Hidroelectrica SA.

    January 2014 - Romania's Government announces its plans to sell a 15% stake in Hidroelectrica SA through the Bucharest Stock Exchange (BVB) and the London Stock Exchange in June 2014.

    Mar 30, 2016 - The Bucharest Court of Appeal terminates the insolvency proceedings of Hidroelectrica SA.

     

    Last updated on Aug 16, 2017.

Management

Supervisory Board
Elena Voicu
Member of the Board
Oana Valentina Truta
Member of the Board
Mihaela Preda
Member of the Board
Ionut Purica
Member of the Board
Robert-Cosmin Pana
Member of the Board
Mihai Anitei
Member of the Board
Ana Bucheru
Member of the Board
Board of Directors and Executives
Mihail Viorelian Stanculescu
President
Marin Florin
Member of the Board
Ioan Rogoz
Member of the Board
Aurel-Lucian Cocos
Member of the Board
Ovidiu Agliceru
Member of the Board
Mihai Teleanu
Member of the Board
Eugen Bradean
Member of the Board
Remus Borza, representative of EURO INSOL SPRL
Administrator
Petronel Chiriac
CFO
Ovidiu Agliceru
CEO

Contacts

Address
15-17 Ion Mihalache Blvd., sector 1
020995
Bucharest, Romania
Telephones

+40 21 303 25 00
+40 21 303 25 82

Fax

+40 21 303 25 64

Emails

secretariat.general@hidroelectrica.ro
birou.presa@hidroelectrica.ro

Websites
www.hidroelectrica.ro

Ownership

Name Direct holding Indirect holding Owner type Country
State 80.06 State
Fondul Proprietatea SA 19.94 Company Romania

Subsidiaries and affiliates

Name Direct holding Indirect holding Country
Hidroserv SA 100.0 Romania

Products and services

Hidroelectrica SA is engaged in:

  • generation of electricity;
  • rehabilitation of its HPPs facilities and equipment;
  • supply of ancillary services for the national power system.

The company generates renewable energy (4.6% of its total energy output).

 

 

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