Market News


2018 Q1 financial results

Release Date: 5/15/2018 7:23:28 PM

IRIS Code: F2130

Quaterly Report as of March 31, 2018

under Regulation C.N.V.M. / A.S.F. no. 1/2006


S.C. ELECTROPUTERE S.A.  is an entity set up under the Romanian law. The Entity was initially established in 1949, having its main business purpose the manufacturing of electro technical equipment of high currents for energy sector and railway transport, and initially structured in four main production sectors: rotate motors, power transformers, electrical devices and locomotives.

Electroputere S.A. became a holding Company on August 17, 1994 and was privatized in October 2007, Al-Arrab Contracting Company Limited being the major shareholder.

The address of the registered office of the Company is: Craiova, Bucharest Street, no 80.

The main categories of products of the Entity are: power transformers, rotate electrical engines, repairs and upgrades to equipment and installations.  

As of March 31, 2018 the Entity registered income in amount of 14,402,443 RON, from which 9,105,050 RON Power Transformers BU, 5,112,118 RON Rotate Electrical Engines BU and 185,275 RON Others, representing 63% from the incomes booked in the same period of the last year, and a profit of 17,132,665 RON vs. the loss from first three months of 2017 in amount of (11,076,662) RON.

Fixed assets as of March 31, 2018 are in amount of 237,949,025 RON, current assets 96,468,943 RON, cumulated losses 354,620,933 RON, negative equity 169,558,277 RON, current debts 293,335,841 RON (from which: 116,209,193 RON amounts related to shareholders, 59,677,385 RON debts to the bank), net current liabilities in amount of 196,866,898 RON.

We mention that the financial statements as of March 31, 2018 are not audited by the external financial auditor of the Company.

The financial statements as of March 31, 2018 are available starting with May 15, 2018, 18:30 on the company's website as well as at the below link




LAVINIA PETCU – Financial Manager



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