October 25, 2014 8:33 PM ET

Electric Utilities

Company Overview of Societatea Nationala Nuclearelectrica S.A.

Company Overview

Societatea Nationala Nuclearelectrica SA generates electricity using nuclear power plants in Romania. The company operates two nuclear reactors in Cernavoda in the eastern part of Romania. It also generates thermal power; manufactures nuclear fuel; and provides human resources training and optimization services. The company is headquartered in Bucharest, Romania.

65 Polona Street

Sector 1

Bucharest,  010494



40 21 203 8200


40 21 316 9400

Key Executives for Societatea Nationala Nuclearelectrica S.A.

Societatea Nationala Nuclearelectrica S.A. does not have any Key Executives recorded.

Societatea Nationala Nuclearelectrica S.A. Key Developments

Enel Seeks €1.2 billion For Distribution Units

Enel SpA (BIT:ENEL) has asked for €1.2 billion for Enel Muntenia Sud and Enel Dobrogea, Bucharest based media reported. Romanian government is looking to acquire the units through Societatea Nationala Nuclearelectrica SA (BVB:SNN] and S.C. Electrica S.A. (LSE:ELSA), but lacks the funds to do so, Bursa daily reported quoting unnamed market sources. The sources also added, "Anyway, all possibilities for the financing of this acquisition are being analyzed, including attracting some financing banks or investment funds alongside Electrica and Nuclearelectrica."

Nuclearelectrica Eyes Enel

Societatea Nationala Nuclearelectrica S.A. (BVB:SNN) is analysing opportunity arising from disposal of Enel SpA (BITENEL) operations in county. "Since 2013, SN Nuclearelectrica SA has expressed its intention to diversify its portfolio through strategic investments aiming at a sustainable growth of the company in the current competitive context of the energy market," the company said in a statement filed with the Bucharest Stock Exchange.

Nuclearelectrica Announces Earnings Results for the First-Half of 2014; Revises Earnings Guidance for the Year of 2014

Nuclearelectrica announced earnings results for the first-half of 2014. For the period, the net profit dropped 69% to RON 60.4 million, mainly due to a 20% annual drop in power prices on competitive markets and by the impact of a tax on special constructions introduced in 2014. The company also announced that it has raised it’s target for 2014 net profit by 254.8% to RON 99 million. The new estimation for total revenues is 4.9% higher than the previous one, while the expenditures projection is up by a mere 0.3%. The increase in projected revenues is based on higher sales, a rise in the transmission tariff for the electricity billed to customers as of July 1, 2014 and an increase in financial revenues mainly due to favorable foreign currency exchange rates.

Similar Private Companies By Industry

Company Name Region
S.C. Electrocentrale Bucuresti S.A. Europe
SC Enel Distributie Dobrogea SA Europe
SC Electrificare CFR SA Europe
Electrica Distributie Transilvania Nord SA Europe
Red Centru Europe

Recent Private Companies Transactions

No transactions available in the past 12 months.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Societatea Nationala Nuclearelectrica S.A., please visit www.nuclearelectrica.ro. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.