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Marius Nedelcu, TransferGo
Cash will become obsolete and this will be the result of digital finance advancement»
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Electrica invested a record of 727 million RON in the distribution networks in 2017

Electrica Group's investments in the distribution networks reached a record of 727 million RON in 2017. At the same time, the Distribution Operators of the Electrica Group have assumed for 2018 a record investment plan worth 900 million RON.

2018-01-31 12:02:25

Compared to 2014, the year of the listing of Electrica on the Bucharest and London stock exchanges, the investment program of the distribution operators within the Group (SDEE Muntenia Nord, SDEE Transilvania Nord and SDEE Transilvania Sud) is 2.5 times higher in 2017.

In the four years since the listing, Electrica invested 2.1 billion RON in the distribution infrastructure to significantly improve the quality of services at the level of the entire community.

"The modernization of the distribution networks continues to be the priority of the Electrica Group, so for this year, we have proposed a record investment worth 900 million RON, probably the most ambitious plan in the energy sector," said Catalin Stancu, general manager of Electrica. "Our goal is to increase the operational efficiency and the quality of the services offered, so that the average unplanned interruption time per user - SAIDI - will reach the level in the Central European countries."




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