Subscription modal logo Premium

Abonează-te pentru experiența stiripesurse.ro Premium!

  • cea mai rapidă sursă de informații și știri
  • experiența premium fără reclame sau întreruperi
  • în fiecare zi,cele mai noi știri, exclusivități și breaking news
DESCARCĂ APLICAȚIA: iTunes app Android app on Google Play
NOU! Citește stiripesurse.ro
 

Hidroelectrica and BCR sign contract for credit line worth 85 million lei

bcr

Hydropower producer Hidroelectrica and the Romanian Commercial Bank (BCR) have signed a contract for a credit line worth 85 million lei in order to issue bank guarantee letters, according to documents posted on the energy producer's website. 

The contract is valid until December 18, 2018. 

From the overall amount, the sum of 36 million lei will be used to issue a bank guarantee letter, issued in favour of Romelectro, to guarantee the payments for the delivered equipment for retrofitting of Stejaru water plant. The rest of the sum is required to issue a letter of guarantee for good execution for energy buying or selling contracts. 

Energy producer Hidroelectrica had a net profit last year of 1.36 billion lei, the highest in the company's history. In 2016, the net profit of the company was of 1.228 billion lei. Also, in the first trimester of this year, Hidroelectrica had a net profit of 485 million lei, as compared to 399 million lei in the same period of 2017, as a result of the improved hydro situation. The EBITDA margin rose from 67 percent in 2016 to 69 percent last year and 74 percent in the first trimester of this year.

ACTIVEAZĂ NOTIFICĂRILE

Fii la curent cu cele mai noi stiri.

Urmărește stiripesurse.ro pe Facebook

×

Help your friends know more about Romania!

Share this article on Facebook

Share this article!

×
NEWSLETTER

Nu uitaţi să daţi "Like". În felul acesta nu veţi rata cele mai importante ştiri.