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Hidroelectrica SA

Summary

Company ID (NIN)

13267213

Company owner / manager

  • State
  • Fondul Proprietatea SA

Country

Romania

Capital

4,482,393,310

Total assets

18,411,888,504

Net profit for the period

1,359,687,718

Report year

2017

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 9001:2015 Quality management systems certificate, valid until June 21, 2021;
  • an ISO 14001:2004 Environmental management systems certificate, valid until June 21, 2021;
  • an OHSAS 18001:2008 Safety and health management certificate, valid until Mar 11, 2021.

 

Last updated on Oct 8, 2019.

Meta info
Status
Active
Legal form
Joint Stock Company
Incorporation date
Jan. 1, 2000
NIN
13267213
Tickers
Stock Exchange
ISIN
Profile last updated
Oct. 8, 2019, 4:46 p.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 Oct 8, 2019.

Management

Board of Directors and Executives
Bogdan Nicolae Badea
Chairman of the Board
Marian Bratu
Member of the Board
Bogdan Sosoaca
Member of the Board
Razvan Ionut Pataliu
Member of the Board
Florentina Susnea
Member of the Board

Contacts

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

+40 21 303 2500
+40 21 303 2582
+40 21 307 4657

Fax

+40 21 303 2564
+40 21 307 4670

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
Hidroelectrica Trading DOO 100.0 Serbia

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.

 

Last updated on Oct 8, 2019.
 

 

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