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Tinmar Ind power supplier in Romania expects 25% turnover rise in 2014

Tinmar Ind power supplier in Romania expects 25% turnover rise in 2014
 

Review Hari Stefanatos

According to local daily ZF.ro, Tinmar Ind which represents the largest private power supplier in Romania has provided data according to which the company expects a year-to-year turnover increase of 25% in 2014. This increase represents €484 million.

The net profit for 2014 is expected to be in the region of €20 million, a number 12.5% higher compared to 2013.

This year the company delivered a total of 2.1 TWh of electricity.

The company also owns a solar park in Romania with a total of €80 million being invested in this sector.

Tinmar Ind is owned by Romanian businessman Augustin Oancea and was founded in Bucharest in 2001.

(Source Romania-Insider)

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