Energy Holding budgets 16m-euro profit

Energy Holding estimates it will witness an approximately 320 million-euro (400 million-dollar) turnover this year, up 8% against last year, and a profit of up to 16 million euros (20 million dollars), 33% higher than 2006, according to company data. “Results will be prompted by an increase in the amount of energy needs of each client, following the increase in production, and in the clients’ activity, as well as by us meeting our target to increase the number of clients,” stated company representatives. The company purchases electrical power from state-owned producers Nuclearelectrica, Hidroelectrica and from the energy complexes Rovinari and Turceni, with the provider counting Automobile Dacia, Petrom and Michelin among its clients.