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Distributie Energie Oltenia SA (Romania)

Main Activities: Electric Power Distribution
Full name: Distributie Energie Oltenia SA Profile Updated: February 23, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Distribuție Energie Oltenia SA (CEZ Distributie SA) was established in August 2007 from the former Electrica Oltenia SA (the biggest of the eight subsidiaries of Electrica SA)and took over the activity of electric energy distribution and the distribution assets of the former company. The Czech company CEZ a.s. bought the majority stake (of 51%) in Electrica Oltenia for EUR 166.5 mil. In October 2006, 12% stake in Electrica Oltenia owned by Electrica SA was transfered to Fondul Proprietatea SA. In August 2007 Electrica Oltenia SA splits into two distinct companies: CEZ Distributie SA and CEZ Vanzare SA, which had the same stakes as in the initial company. The company supplies electric energy for Arges, Dolj, Gorj, Olt, Mehedinti, Teleorman and Valcea counties.

Headquarters
Strada Severinului Nr. 97
CRAIOVA; Dolj; Postal Code: 200769

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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:
March 04, 2002
Key Executives
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Member of the Supervisory Board
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Member of the Supervisory Board
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Member of the Supervisory Board
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Member of the Board of Directors
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Member of the Board of Directors
Ownership Details
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100%
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency RON. Absolute financial data is included in the purchased report.
Net sales revenue
16.13%
Total operating revenue
49.96%
Operating profit (EBIT)
381.75%
EBITDA
56.61%
Net Profit (Loss) for the Period
837.19%
Total assets
9.06%
Total equity
7.17%
Operating Profit Margin (ROS)
13.11%
Net Profit Margin
12.03%
Return on Equity (ROE)
5.93%
Quick Ratio
-0.25%
Cash Ratio
-0.22%

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