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Retele Electrice Banat SA (Romania)

Main Activities: Electric Power Distribution
Full name: Retele Electrice Banat 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

SC Filiala de Distributie si Furnizare a Energiei Electrice Electrica Banat SA was a subsidiary of Electrica SA and was among the first Romanian companies in the Electric Energy field to turn into a main private owned companies, by the selling contract of Electrica Subsidiary to the Italian ENEL SpA, on July 19, 2004. The Italian Group ENEL bought 24% stake and raised the capital up to 51% stake for a total of EUR 69.1 mn. The company provides electricity for 4 counties: Timiş, Arad, Caraş-Severin şi Hunedoara. In 2005, the name changes into Enel Distributie Banat SA.

Headquarters
Strada Pestalozzi Nr. 3-5
TIMISOARA; Timis; Postal Code: 300115

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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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Director
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Director
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Director
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Administrator
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Administrator
Ownership Details
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75.1285%
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24.8672%
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0.0043%
Subsidiaries
Enel Servicii Comune SA
50%
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
28.98%
Total operating revenue
70.08%
Operating profit (EBIT)
N/A
EBITDA
140.74%
Net Profit (Loss) for the Period
N/A
Total assets
9.97%
Total equity
7.37%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Quick Ratio
-0.21%
Cash Ratio
-0.22%

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