Tipografie Bucuresti
Caută în site
Ediții Precedente

 

 
Evoluții Financiare
Propune un articol !
Ce ați dori să citiți în Ziarul BURSA ?



Abonați
utilizator:
parola:
BURSA 08.01.2013

Alina Toma Vereha (Translated by Cosmin Ghidoveanu)
 
mărește imaginea
Aceeasi sectiune ( English Section )
 *  03.03.2015 - "Taxpayers need a neutral arbiter in their relationship with the ANAF"
 *  26.02.2015 - The prime-minister's father-in-law, accused of having given Ion Țiriac the wild boars in exchange for a Mercedes
 *  25.02.2015 - "The world doesn't begin, nor end with the EU"
 *  25.02.2015 - "Banks' solvency ratio has improved, despite the losses"
 *  25.02.2015 - "We must encourage the consumption of Romanian products"
 *  24.02.2015 - "The cut of the VAT will happen before January 1st, 2016"
 *  24.02.2015 - The ASF has started doing Sobolewski's job
 *  23.02.2015 - Negrițoiu and Anghel only speak about the dual listing of Petrom abroad
 *  19.02.2015 - Ukraine - for now, a conflict without a solution
 *  16.02.2015 - DNA investigating the circumstances under which Elena Udrea granted European funds to Țiriac to develop the Stejarii club
 *  13.02.2015 - BRD CEO disagrees with the Banking Professional Association
 *  12.02.2015 - Borrowers getting even with banks
 *  11.02.2015 - Intelligence democracy
 *  11.02.2015 - Darius Vâlcov: "We are working with banks on a product that will resolve the CHF crisis"
 *  10.02.2015 - Interstellar ship Mediafax Group
     *  Deadline much too optimistic, market sources say
     This year is very important for Nuclearelectrica SA because the Government wants to take the company public at the end of Q1 2013.
     The management of Nuclearelectrica said: "The contract is currently under negotiation with the syndicate selected for intermediating the IPO of new shares, which will be issued by the company, based on the Government decision no. 39/2012 for the approval of the strategy for the privatization of Nuclearelectrica. According to the commitments made by Romania as part of the Letter of Intent to the IMF of September 12th, 2012, the privatization of the company through the sale of 10% of the share capital of Nuclearelectrica SA (following a share capital increase) is expected to be completed at the end of Q1 2013".
     Energy market sources claim that, most likely, Q1 2013 is a far too optimistic deadline for the IPO of Nuclearelectrica, because the Ministry of the Economy has only succeeded in selecting the intermediary for the IPO of Nuclearelectrica at the end of last year. Last summer, the ministry revised the tender book, in order to attract more bidders.
     Mușat & Asociații has been selected by the Ministry of the Economy to provide legal services for the intermediation of the listing of Nuclearelectrica. The intermediary selected by the authorities is the consortium comprising SSIF Swisscapital (syndicate leader) and BT Securities.
     The listings of the energy companies have been repeatedly postponed since 2008. As a result, the commitments to the IMF have also been amended. Aside from Nuclearelectrica, the government has also made the commitment to privatize through the stock market companies such as Romgaz, Hidroelectrica or the Oltenia Energy complex. Also awaited is the secondary public offer of Transgaz, which involves the sale on the Bucharest Stock Exchange of a 15% stake in the national gas carrier.
     *  Turnover of 1.65 billion lei, a profit of 6.7 million lei
     For 2012, the management of Nuclearelectrica estimates the reaching of the turnover and profit for 2012, stipulated in the rectified revenue and expense budget: "For 2012 we forecast a produced and delivered volume of energy of 10,547,000 MWh, which amounts to a turnover of 1.645 billion lei. Any consideration on the turnover and profit (ed. note: gross profit of 6.7 million lei) seen by Nuclearelectrica must take into account the fact that the company sells about 72% of its output through regulated contracts, at the price set by the ANRE and that any cost cutting should not affect the nuclear security of the Cernavodă plant".
     In 2012, revenues from the sale of electricity have exceeded by about 0.8% the amounts considered when drawing up last year's budget, and the volume of energy produced and delivered is about 1.5% bigger than the annual schedule set at the beginning of 2012.
     Last year, Nuclearelectrica was only paid 121 lei /MWh for the energy sold on the regulated market, even though its costs had reached nearly 140 lei/MWh. For this year, the ANRE (the regulator of the energy market) has granted a bigger tariff to Nuclearelectrica (142 lei/MWh).
     The representatives of Nuclearelectrica have also said that, on the other hand, the financial expenses have seen a rising trend throughout the entire year 2012, due to the upward fluctuations of the exchange rate, which has affected the company's earnings.
     Nuclearelectrica still has two ongoing contracts negotiated directly for the sale of electricity. The contracts are concluded with the final electricity consumers, and the representatives of the company claim that they are not allowed to disclose the identity of the customers, the delivery price and the volume of energy delivered.
     *  Investments of 70 million Euros
     The total value of the investment program conducted by Nuclearelectrica in 2012 is about 70 million Euros, financed using its own resources.
     The strategy of Nuclearelectrica SA stipulates a continuous increae in the efficiency of the company, through multi-annual programs, intended to ensure, first and foremost a rigorous cut of the production costs, the optimization of the exploitation costs, by two units, the compliance of the durations planned for exploitation and a preventive management of the acquisitions of energy from the open market, to cover the unexpected downtimes in the functioning of the units.
     The management of Nuclearelectrica estimates: "The new law of energy did not have a major impact on the company. Up until the issue of this law, the company has continued to follow the principles which it wants to implement - transparency, indiscriminate access to energy, etc. The idea of the liberalization of the energy market is good, but the deadlines set by the law only refer to the liberalization of the transactions with the end-consumers, whereas the decision on the deregulation of the sale of energy to producers still lies with the regulators. Also, the law no longer allows secured contracts between producers, to allow the management of certain risks (in the case of Nuclearelectrica, we are talking about the unplanned shutdowns of the Cernavodă units). The introduction of mechanisms to encourage investments would be beneficial".
     Nuclearelectrica heavily uses the OPCOM managed markets and praises the trading possibilities which our energy market provides. The company awaits with interest the completion of the intraday market and the introduction of specific financial transactions. 

     Nuclearelectrica has a share capital of 2.536 billion lei, and the par value of a share is 10 lei. Through the Ministry of the Economy, the state owns 90.27% of the shares. Through the two Cernavodă rectors, the company produces approximately 18% of the nation's electricity.
     Last year, Nuclearelectrica posted a turnover of 1.588 billion lei (374.8 million Euros), up 4.9%, and a net profit of 95 million lei (22.4 million Euros), almost six times bigger than in 2010.

 
 

 
Readers' comments    [ add a comment ] 
Newsletter Facebook Twitter YouTube LinkedIn RSS
Jurnal Bursier
04.03.2015
BURSELE DIN LUME
     Bursele europene s-au înscris pe un curs descendent, ieri, în special cele din sectorul bancar, după ce "Barclays" Plc a raportat pierderi pentru anul trecut.  detalii
04.03.2015
SIBEX
     După volumul peste așteptări consemnat în prima ședință a lunii, când participanții de pe piața Sibex au încheiat 105 contracte, sesiunea de marți a readus pasivitatea pe piața futures, acesta...  detalii
04.03.2015
BVB
     Bursa de la București a închis în scădere ușoară, pe un rulaj în linia ultimelor două ședințe, asigurat în principal de transferurile cu acțiunile Fondul Proprietatea (FP), Transelectrica (TEL) și...  detalii
03.03.2015
BURSELE DIN LUME
     În Europa, bursele au urmat un curs descendent ieri, trase în jos de companiile din sectorul energetic.  detalii
03.03.2015
BVB
     BVB a închis luni în urcare, după patru sesiuni de declin, pe un rulaj sprijinit în principal de Fondul Proprietatea (FP) și Romgaz (SNG), în timp ce Banca Transilvania (TLV) și-a majorat creșterea...  detalii
03.03.2015
SIBEX
     În prima ședință din martie, piața derivatelor de la Sibiu nu a primit nici un mărțișor din partea speculatorilor, care au continuat să stea departe de tranzacțiile futures.  detalii
Cotații Internaționale

Prognoza Meteo
Vezi harta temperaturilor
harta temperaturilor
     04.03.2015 
     Prognoza pentru România
     Vremea se va menține caldă pentru această dată. Ziua cerul va fi variabil, cu înnorări temporare în jumătatea de vest a țării, însă doar izolat, spre seară, vor cădea precipitații slabe, mixte, în Maramureș și posibil în nordul Crișanei și al Moldovei, precum și în zona Carpaților Occidentali și nordul Carpaților Orientali. Vântul va avea ușoare intensificări în Dobrogea, Crișana, sudul Banatului și la munte. Noaptea înnorările se vor accentua treptat în toată țara. Vor fi precipitații, mai ales sub formă de ploaie în Oltenia, mixte în Banat și izolat în Crișana și posibil și în Muntenia și Transilvania. În zona montană, local, vor predomina ninsorile. Vântul va sufla slab și moderat, cu unele intensificări în Oltenia, la munte și cu totul izolat în restul teritoriului. Temperaturile maxime vor fi cuprinse între 6 și 13 grade, iar cele minime între -5 și 4 grade, mai scăzute în depresiuni.
     Prognoza pentru București
     Vremea se va menține caldă pentru această dată. Cerul va fi variabil, mai mult noros seara și noaptea. Vântul va sufla slab până la moderat. Temperatura maximă va fi de 11...12 grade, iar cea minimă se va situa în jurul valorii de 0 grade. 
Curs Valutar

Curs valabil din data de 3 martie 2015
1 Dolar australian...
1 Leva bulgărească...
1 Dolar canadian....
1 Franc elvețian...
1 Coroană cehă...
1 Coroană daneză...
1 Liră egipteană...
1 Euro...
1 Liră sterlină...
100 Forinți maghiari...
100 Yeni japonezi...
1 Leu moldovenesc...
1 Coroană norvegiană...
1 Zlot polonez...
1 Rublă rusească...
1 Coroană suedeză...
1 Liră turcească...
1 Dolar S.U.A...
1 Rand sud-african...
1 Real brazilian...
1 Renminbi chinezesc...
1 Rupie indiana...
100 Woni sud-coreeni...
1 Peso mexican...
1 Dolar neo-zeelandez...
1 Dinar sărbesc...
1 Hryvna ucraineana...
1 Dirham emirate arabe...
1 Gram aur...
1 DST...
AUD
BGN
CAD
CHF
CZK
DKK
EGP
EUR
GBP
HUF
JPY
MDL
NOK
PLN
RUB
SEK
TRL
USD
ZAR
BRL
CNY
INR
KRW
MXN
NZD
RSD
UAH
AED
XAU
XDR
3,1139
2,2779
3,1845
4,1501
0,1622
0,5978
0,5228
4,4551
6,1306
1,4607
3,3288
0,2167
0,5178
1,0713
0,0641
0,4796
1,5793
3,9892
0,3382
1,3772
0,6358
0,0644
0,3632
0,2653
3,0056
0,0369
0,1645
1,0861
154,8648
5,6007
..Lei
..Lei
..Lei
..Lei
..Lei
..Lei
..Lei
..Lei
..Lei
..Lei
..Lei
..Lei
..Lei
..Lei
..Lei
..Lei
..Lei
..Lei
..Lei
..Lei
..Lei
..Lei
..Lei
..Lei
..Lei
..Lei
..Lei
..Lei
..Lei
..Lei
click aici pentru cursurile pieței valutare - istoric
English Section
26.02.2015
AN ENQUIRY IN THE PARLIAMENT ON POSSIBLE ACTS OF CORRUPTION BY ILIE SÂRBU AND DACIANA SÂRBU
     Satu Mare senator, Valer Marian, sent us an enquiry which he will be presenting in the Senate's meeting of Thursday, February 19th, concerning "certain aspects of a criminal nature...  details
25.02.2015
THE "ROMANIA'S DEVELOPMENT IN THE NEW EUROPEAN FINANCIAL CONTEXT" CONFERENCE / DANIEL DĂIANU, BNR:
     Romania's economic growth can be consolidated, in the current context, through methods such as using its internal efficiency reserves - the fight against corruption, for example -, by...  details
25.02.2015
THE "ROMANIA'S DEVELOPMENT IN THE NEW EUROPEAN FINANCIAL CONTEXT" CONFERENCE / FLORIN GEORGESCU, BNR:
     Between 2009 and 2014, the Romanian banking system had a net loss of 1.6 billion Euros, said Florin Georgescu, First Deputy Governor of the National Bank of Romania (NBR).  details
25.02.2015
THE "ROMANIA'S DEVELOPMENT IN THE NEW EUROPEAN FINANCIAL CONTEXT" CONFERENCE / ANDREI DUDOIU, BANCA TRANSILVANIA:
     Romania needs a budget that must be allocated by companies, in order to encourage the consumption of Romanian products, says Andrei Dudoiu, the Deputy Managing Director of Banca Transilvania.  details
24.02.2015
THE "ROMANIA'S DEVELOPMENT IN THE NEW EUROPEAN FINANCIAL CONTEXT" CONFERENCE/ FINANCE MINISTER:
     * Darius Vâlcov: "Through me, the state holds out a hand to the business sector"
       The value added tax and the excises may be cut earlier than we would have expected, specifically, by the end of 2015, as announced on February 19th by Darius Vâlcov, the minister of Public Finance,...  details
24.02.2015
EXCEEDING ITS PREROGATIVES
     * The oversight authority has recommended the listing of state owned companies
       The news that the Financial Oversight Authority has recommended the listing of some of the state owned companies on the Bucharest Stock Exchange would sound good, if it didn't mean that in...  details
23.02.2015
ROMANIAN INVESTORS, DISCRIMINATED IN THEIR COMMUNICATION WITH THE ROMANIAN AUTHORITIES
     Petrom, the biggest Romanian company, may be listed on a foreign stock exchange as well, but that information reached investors in a discriminatory manner, contrary to what would have been normal...  details
19.02.2015
     An "athletic" diplomatic effort in Minsk, heavily covered in the media, has ended inconclusively, with a cautious assessment, despite the efforts of the political protagonists to...  details
16.02.2015
THE CRIMINAL PROSECUTION IN REM HAS BEEN STARTED
     * Elena Udrea was arrested by policemen from the very home she was renting in the residential complex owned by Ion Țiriac
       The National Anti-Corruption Department (DNA) is conducting investigations on the complaint filed against Elena Udrea concerning the use of European grants for the development of the...  details
13.02.2015
ON THE ISSUE OF LOANS DENOMINATED IN SWISS FRANCS
     * Philippe Lhotte: "I am not sure that the CHF borrowers were warned about the currency risk"
     * BRD CEO is considering leaving the Banking Professional Association
       It is part of the decency of the banking profession to inform your customers about the currency risk when granting loans, said Philippe Lhotte, chairman and CEO of BRD, in a statement of position...  details
12.02.2015
THE CRISIS OF LOANS DENOMINATED IN SWISS FRANCS
     * Debtor: "We pay one leu of the child's government allowance; if today we need to buy two more loaves of bread, then we put aside two more lei"
     * Raiffeisen has called the police, claiming the customers' "aggressive behavior"
       The crisis of loans denominated in Swiss Francs (CHF) has caused those that have outstanding loans in that currency to resort to a new strategy.  details
11.02.2015
     I think that the accusations uttered by deputy Elena Udrea against the interim boss of the Romanian Intelligence Service (SRI), general Florian Coldea, that he has influenced the outcome of the...  details
11.02.2015
THE FINANCE MINISTER, IGNORED BY THE DEPUTIES FOR THE SECOND TIME
     The Ministry of Public Finance is working, together with the banks, on "a new product" to resolve the issue of loans denominated in Swiss Francs, Finance minister Darius Vâlcov said last...  details
10.02.2015
A LEGAL SITUATION
     * ING, the biggest creditor of Mediafax, with 15.4 million Euros
       "Fiscal obscenity!", exclaimed famous graphic artist Eugen Mihăescu, referring to the practices of Adrian Sârbu, in the year 2000, but in fact, the lack of decency has been a part of not...  details
10.02.2015
ISĂRESCU DOUBTS THAT ANYTHING CAN BE RECOUPED
     * Isărescu: "There have been heavy negotiations for the assets of Volksbank to be sold at an price which would allow Banca Transilvania to recoup something, if we can actually say that"
     * Brokers: "Mugur Isărescu's statement can influence the trading on the stock exchange"
       Banca Transilvania (BT), led by Horia Ciorcilă, signed a "firm commitment" to acquire 100% of the shares of Volksbank România in December 2014. Banca Transilvania seeks to gain the second...  details