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 )
 *  26.03.2015 - Rat and win!
 *  24.03.2015 - "Banks should drop the hypocrisy"
 *  23.03.2015 - Self-immolation at Raiffeisen Bank Iași
 *  23.03.2015 - Exclamation mark!
 *  23.03.2015 - With the cards on the table, about the gambling industry
 *  17.03.2015 - The president of the National Integrity Agency, arrested for the "plundering" of the ANRP
 *  16.03.2015 - When the art of management is replaced with the art of spam flooding
 *  13.03.2015 - ASF: "Unhappy shareholders can request to exit the company, upon its delisting from AeRO"
 *  13.03.2015 - "The new product for the resolution of the Swiss franc crisis - at an advanced stage"
 *  12.03.2015 - "The new law of gambling does resolve issues, but it can be improved"
 *  09.03.2015 - Bogdan Drăgoi: "The draft Fiscal Code - the best project for the time when the governing party is in the opposition"
 *  06.03.2015 - "We will be developing in a European Union that will be unfavorable to us"
 *  05.03.2015 - "Romania, a country that lacks entrepreneurial spirit"
 *  05.03.2015 - "New banking models will soon be visible in Romania as well"
 *  04.03.2015 - "Banks must set up crisis management departments"
     *  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
27.03.2015
BURSELE DIN LUME
     Acțiunile tranzacționate la bursele din Europa au scăzut ieri, pe fondul amplificării temerilor legate de tensiunile din Orientul Mijlociu.  detalii
27.03.2015
SIBEX
     După ce miercuri, pe fondul deprecierii consistente a Dow Jones, s-a înregistrat cel mai bun volum de la Sibex din ultimele două luni și jumătate, mai exact din 13 ianuarie încoace, prin 172 de...  detalii
27.03.2015
BVB
     Bursa de la București a încheiat ședința de joi cu o creștere modestă, pe un rulaj sub medie, susținut de sectorul energetic, iar acțiunile Banca Carpatica (BCC) au închis în scădere cu 14,88%,...  detalii
26.03.2015
BVB
     Bursa de la București a închis în stagnare miercuri, pe o lichiditate în scădere, asigurată în proporție de ¬peste 70% de tranzacțiile cu acțiunile Fondul Proprietatea (FP) și cele ale...  detalii
26.03.2015
BURSELE DIN LUME
     * "Colony Capital" și "Eurazeo" au vândut aproape 10% din "Accor"
       Acțiunile companiilor listate la bursele din Europa au scăzut ieri, cele mai mari pierderi fiind înregistrate în sectorul călătoriilor și cel hotelier.  detalii
26.03.2015
SIBEX
     Ședința de la mijlocul săptămânii s-a anunțat, încă din prima sa jumătate, drept una dintre cele mai bune din acest an, volumul înregistrat fiind neașteptat de ridicat față de "norma" cu...  detalii
Cotații Internaționale

Prognoza Meteo
Vezi harta temperaturilor
harta temperaturilor
     27.03.2015 
     Prognoza pentru România
     Vremea se va răci, mai ales în regiunile sudice, sud-estice și centrale, unde valorile termice vor deveni apropiate de cele normale pentru această dată. Cerul va fi mai mult noros și temporar va ploua, la începutul intervalului în sudul și sud-estul țării, apoi și în celelalte regiuni. La munte, la altitudini de peste 1800 m, precipitațiile vor fi, trecător, și sub formă de lapoviță și ninsoare. Pe arii restrânse în jumătatea de sud a țării, mai ales la deal și munte, cantitățile de apă vor depăși 15...20 l/mp. Vântul va sufla slab și moderat, cu intensificări la munte și izolat în rest. Temperaturile maxime vor fi cuprinse între 8 grade în Moldova și estul Transilvaniei și 21 de grade în nord-vest, iar cele minime se vor încadra, în general, între 1 și 9 grade.
     Prognoza pentru București
     Vremea se va răci față de intervalul precedent, astfel încât temperatura maximă va fi de 11...12 grade, iar cea minima se va situa în jurul valorii de 7 grade. Cerul va fi noros și temporar va ploua. Vântul va sufla în general moderat. 
Curs Valutar

Curs valabil din data de 26 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
3,1578
2,2603
3,2284
4,2173
0,1612
0,5920
0,5265
4,4208
5,9947
1,4748
3,3833
0,2154
0,5159
1,0827
0,0706
0,4743
1,5449
4,0169
0,3370
1,2546
0,6468
0,0641
0,3631
0,2676
3,0693
0,0366
0,1716
1,0937
155,9557
5,5961
..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
26.03.2015
THE DNA MAKING OFFENSES DISAPPEAR
     * Darius Vâlcov allegedly denounced Traian Băsescu and Vasile Blaga
       Whereas before, the DNA would use house arrest and pretrial (monitored) conditional release, instead of preventive custody, to negotiate information about offenses from the political and business...  details
24.03.2015
     * (Interview with Mr. Sebastian Vlădescu, former finance minister)
     * "Considering that banks have sold off assets at discounts amounting to billions, it takes a human operation when it comes to the borrowers who can no longer handle the strengthening of the currencies"
       Reporter: How do we resume lending in Romania?
     Sebastian Vlădescu: I don't think that this year or in 2016 we will see a turnaround in lending.  details
23.03.2015
THE SHOW MUST GO ON
     A man set himself on fire, on Friday, at the headquarters of Raiffeisen Bank of the center of Iași, after shouting "You took my children's money and you took my home!", according to a...  details
23.03.2015
     The judicial system is independent.
     This sentence is essential in construing what is happening in connection to the DNA.
     This is a recent sentence.  details
23.03.2015
THE GAMBLING INDUSTRY / EDITORIAL PROJECT SPONSORED BY ROMBET
     * Interview with Dan Ghiță, the president of ROMBET
       2014 was the year of uncertainty for the Romanian gambling industry, says Dan Ghiță, the president of the Romanian Association of Gambling Organizers - ROMBET.  details
17.03.2015
OVERVALUATIONS AMOUNTING TO MILLIONS OF EUROS, FOLLOWING THE RECIPE APPLIED BY ALINA BICA AND CRINUȚA DUMITREAN
     * Adrian Iurașcu, PNL: "Rights transferees had the obligation to pay taxes"
       The evaluators that handled the retrocessions managed by the National Authority for the Restitution of Properties (ANRP) made mistakes in their calculations amounting to tens of millions of Euros,...  details
16.03.2015
     If you want to survive as a manager, after you've made a big management mistake, you have to urgently create a straw man issue and straw man enemies to fight with outraged ardor.  details
13.03.2015
     One of the burning dilemmas that shareholders have as a result of the elimination of the Rasdaq market and of the launch of the AeRO alternative system concerns shareholder rights in the event of...  details
13.03.2015
DARIUS VÂLCOV:
     The new product that the Ministry of Public Finance is working on together with bankers, for the resolution of the Swiss franc crisis (CHF), is at an advanced form, minister Darius Vâlcov said,...  details
12.03.2015
THE GAMBLING INDUSTRY
     The new legislative amendments passed at the end of last year through Emergency Government Ordinance 92/2014, that concern the gambling market, resolves an entire range of problems that were...  details
09.03.2015
THE "ROMANIA'S DEVELOPMENT IN THE NEW EUROPEAN FINANCIAL CONTEXT" CONFERENCE /
     Former presidential advisor Bogdan Drăgoi considers that the draft Fiscal Code, put up for debate by the Minister of Finance, is the best project for the time when the current governing party will...  details
06.03.2015
THE "ROMANIA'S DEVELOPMENT IN THE NEW EUROPEAN FINANCIAL CONTEXT" CONFERENCE / ECONOMIST AURELIAN DOCHIA:
     * Dochia: "The fundamental solution for Greece's economy does not exist"
       In the coming 10-15 years, Romania will be developing in a new European Union, which will be quite unfavorable to us, economist Aurelian Dochia considers.  details
05.03.2015
THE "ROMANIA'S DEVELOPMENT IN THE NEW EUROPEAN FINANCIAL CONTEXT" CONFERENCE / IULIAN FOTA, UNIVERSITY LECTURER:
     * "We have no guarantee that the way the world is rearranging will be favorable to us"
       The current international context is very bad, according to the statements of former presidential advisor Iulian Fota, who thinks that Romania is unprepared for future developments.  details
05.03.2015
THE "ROMANIA'S DEVELOPMENT IN THE NEW EUROPEAN FINANCIAL CONTEXT" CONFERENCE / RADU GRAȚIAN GHEȚEA, ARB:
     New banking models will be visible in Romania soon, Radu Grațian Ghețea, president of the Romanian banking association and CEO of CEC Bank announced.  details
04.03.2015
THE "ROMANIA'S DEVELOPMENT IN THE NEW EUROPEAN FINANCIAL CONTEXT" / IULIAN CHIFU, CONFLICT ANALYSIS AND EARLY WARNING CENTER:
     The Romanian banking system is resilient, flexible and reliable, but it can face a crisis at any moment, which could affect it even if it did not target it directly, said Iulian Chifu, the...  details