Termoelectrica Explained

Termoelectrica
Type:State owned
Location City:Bucharest
Location Country:Romania
Key People:Viorel Marian (CEO)
Industry:Electricity
Revenue:US$346 million (2007)
Num Employees:1,683 (2006)

Termoelectrica is a Romanian state-owned company, its shares being held by the Ministry of Economy and Commerce which has as main objective power generation with thermal power plants.

Termoelectrica owns three subsidiaries with a total installed capacity of 1,717 MW and an annual average power production of 5.910 TWh, 9.64% of the total national output of Romania.

Subsidiaries

Electrocentrale Bucharest
Type:Public
Foundation:2003
Location:Bucharest, Romania
Key People:Ion Marcu, CEO
Num Employees:2,719 (2007)
Revenue:US$ 1.01 billion (2007)
Homepage: www.elcen.ro

Electrocentrale Bucharest is a Romanian state-owned company, its shares being held by Termoelectrica which has as main objective power generation with thermal power plants.

Electrocentrale Bucharest owns three subsidiaries with a total installed capacity of 2,008 MW and an annual average power production of 6.759 TWh, which is 12.7% of the total national output of Romania.