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I.C.S. Premier Energy Distribution SA (Moldova)

Main Activities: Electric Power Transmission, Control, and Distribution
Full name: Intreprinderea cu Capital Strain Premier Energy Distribution SA Profile Updated: December 03, 2020
Buy our report for this company USD 29.95 Most recent financial data: 2018 Available in: English & Romanian Download a sample report

Premier Energy Distribution SA (formerly Red Union Fenosa SA) is the largest private distributor of electricity in Moldova. Appeared on the Moldovan market in February 2000 following the privatization of three state enterprises: RE Chisinau SA ICS, ICS RED SA Centre and ICS RED Sud by Spanish company Union Fenosa International. In 2008, the three companies merged to Red Union Fenosa SA. Transformation process continued, and in 2010, the supplying of electricity is part of the International Gas Natural Fenosa, the merged companies internationally. Brand name Gas Natural Fenosa Moldova was launched on 10 May 2011. The company provides electricity to more than 20 million customers in 25 countries, which confirms extensive experience in technical and commercial. At the end of 2019, Red Union Fenosa changed its name to Premier Energy Distribution.

Headquarters
Str. Andrei Doga, 4
Chisinau; Chisinau Municipality; Postal Code: MD-2024

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Website: https://www.premierenergy.md/

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
June 30, 1998
Key Executives
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Legal Manager
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Director of Economic Department
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Administrator
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Director
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Director
Ownership Details
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93%
Subsidiaries
BC Energbank SA
9.976%
Company Performance
Financial values in the chart are available after I.C.S. Premier Energy Distribution SA report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MDL. Absolute financial data is included in the purchased report.
Net sales revenue
18.82%
Total operating revenue
18.94%
Net Profit (Loss) for the Period
41.62%
Total assets
-10.04%
Total equity
-9.56%
Net Profit Margin
5.26%
Return on Equity (ROE)
3.67%
Debt to Equity Ratio
-1.38%
Quick Ratio
-1.92%
Cash Ratio
-0.41%

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