Electromagnetica planned investments of 12 million lei this year

The producer and supplier of energy and lighting units Electromagnetica estimates total income of 272.1 million lei this year, with 12% higher than those reported last year, of 243.06 million lei, and established a programme of investments of 2.61 million euro without VAT (almost 12 million lei without VAT) according to a report published on the site of the company.

The company budgeted a gross profit of 7.5 million lei, from a negative gross result of -15 million last year.

The Electromagnetica officials say that the activity of energy prdouction  surpassed the average of the previous years.

'Almost 45% of the necessary of green certificates necessary for the supply of energy were insured by the green certificates corresponding to the own production of energy. For 2018 we estimate to keep the production at the same level and an increase of the number of green certificates' the author of the report says.

Electromagnetica is listed on BVB with the symbol ELMA and has capitalisation of 87.88 million lei.

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