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Hidroelectrica’s profit doubles in Jan-Sep on higher output and price

Romanian state-controlled hydropower group Hidroelectrica, in the process of diversifying its production base to include new renewable resources, reported a record net profit of RON 2.65 bln (over EUR 0.5 bln) in January-September this year, more than double (+103%) compared to the same period last year.   The company’s revenues increased by 70% YoY as the sales from own production expanded by more ...

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