Romania’s power producers Hidroelectrica and Nuclearelectrica hit by drought

Romania Insider ·
Romania

Hidroelectrica is being hit by lower water levels in major rivers, particularly the Danube, while Nuclearelectrica has suspended production for more than a month because of the Danube’s low water level. Hidroelectrica’s adjusted net profit forecast for this year has been cut to RON 3 billion, 16% below the initial budget, reflecting a 4% decline in revenues and a 4% increase in expenses,…

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