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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Nuclearelectrica reports 48% surge of its net earnings to EUR 200 mln in 2021

State-controlled company Nuclearelectrica, the operator of Romania’s sole nuclear plant, reported that its net earnings rose by 48% to just over RON 1 bln (EUR 200 mln) in 2021.

Its revenues were RON 3.2 bln, resulting in a net profit margin of over 30%, Economica.net reported.

For 2022, the company expects its profit to more than double to RON 2.56 bln (EUR 500 mln) while its revenues would rise by 60% compared to 2021 to RON 5.18 bln - consistent with a net profit margin of 50%.

The volume of energy delivered by Nuclearelectrica’s power plant is roughly constant from one year to another - and it accounts for some 20% of the country’s consumption. For 2022, the company plans to sell 10.6 TWh.

andrei@romania-insider.com

(Photo source: Nuclearelectrica.ro)

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Nuclearelectrica reports 48% surge of its net earnings to EUR 200 mln in 2021

State-controlled company Nuclearelectrica, the operator of Romania’s sole nuclear plant, reported that its net earnings rose by 48% to just over RON 1 bln (EUR 200 mln) in 2021.

Its revenues were RON 3.2 bln, resulting in a net profit margin of over 30%, Economica.net reported.

For 2022, the company expects its profit to more than double to RON 2.56 bln (EUR 500 mln) while its revenues would rise by 60% compared to 2021 to RON 5.18 bln - consistent with a net profit margin of 50%.

The volume of energy delivered by Nuclearelectrica’s power plant is roughly constant from one year to another - and it accounts for some 20% of the country’s consumption. For 2022, the company plans to sell 10.6 TWh.

andrei@romania-insider.com

(Photo source: Nuclearelectrica.ro)

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