SPEEH Hidroelectrica SA - Company Profile
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SPEEH Hidroelectrica SA (Hidroelectrica) is an electric company that produces, trades, and supplies energy; and also provides ancillary services for the National Energy System. The company also provides water management services including raw water, flood protection, debit adjustments, flow rate insurance and other water management services. It trades energy in OTC, balancing, PCSU, regulated, and other markets. Hidroelectrica invests in the development, refurbishment, and upgrade of hydro plants and equipment. It also maintains hydropower facilities, re-commissions damaged or malfunctioning installations increases the technical performance of the equipment and ensures the observance of legal requirements. The company is owned by the Ministry of Energy and Fondul Proprietatea SA. Hidroelectrica is headquartered in Bucharest, Romania.
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Products and Services
Products | Services |
---|---|
Electricity | Ancillary Services |
Investment Services | |
Power Plant Maintenance and Repair |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Plans/Strategy | In December, the company announced its plans to acquire UCM Resita. |
2023 | Contracts/Agreements | In July, the company entered into an agreement with Electromontaj for the renovation of the 220 MW installed capacity Vidraru hydroelectric complex. |
2023 | Contracts/Agreements | In March, the company entered into an agreement to establish a joint venture with Abu Dhabi Future Energy Company for the development of offshore wind and floating solar projects in the Southeastern European country. |
Competitor Comparison
Key Parameters | SPEEH Hidroelectrica SA | Blue Line SRL | E.ON Energie Romania SA | S.C. Electrica SA | S.C. EnergoNuclear SA |
---|---|---|---|---|---|
Headquarters | Romania | Romania | Romania | Romania | Romania |
City | Bucuresti | Bistrita | Tirgu Mures | Bucharest | Bucharest City |
State/Province | Bucuresti | - | Mures | - | Bucuresti |
No. of Employees | 4,718 | - | - | - | - |
Entity Type | Public | Private | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Bogdan Nicolae Badea | Chairman | Executive Board | 2017 | - |
Cristian Vladoianu | Director | Non Executive Board | - | - |
Razvan-Ionut Pataliu | Director | Non Executive Board | - | - |
Marian Bratu | Director | Non Executive Board | - | - |
Radu-Cristian POP | Director | Non Executive Board | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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