19th Nov 2021 08:40
To: Romanian Financial Supervisory Authority (ASF)
Bucharest Stock Exchange (BVB)
London Stock Exchange (LSE)
Current report in compliance with the Law 24/2017 on issuers of financial instruments and market operations, ASF Regulation no. 5/2018, and the Bucharest Stock Exchange Code
Report date: 19 November 2021
Company name: Societatea Energetica Electrica S.A. (Electrica)
Headquarters: 9 Grigore Alexandrescu Street, 1st District, Bucharest, Romania
Phone/fax no.: 004-021-2085999/ 004-021-2085998
Fiscal Code: RO 13267221
Trade Register registration number: J40/7425/2000
Subscribed and paid in share capital: RON 3,464,435,970
Regulated market where the issued securities are traded: Bucharest Stock Exchange (BVB) and London Stock Exchange (LSE)
Significant events to be reported: Transactions with related parties according to Art. 108 of Law No. 24/2017 concluded by Electrica Furnizare SA (EFSA), subsidiary of Societatea Energetica Electrica SA (Electrica), with S.P.E.E.H. Hidroelectrica (Hidroelectrica)
Electrica informs its shareholders and investors about the conclusion, on 17 November 2021, of several transactions between EFSA, Electrica's subsidiary, and Hidroelectrica, having a value that, cumulated with the rest of the transactions concluded/executed in the period 1 January - 17 November 2021, exceeds the threshold of 5% of Electrica's net assets, according to Electrica's individual financial statements for 2020, respectively exceeds the value of RON 202,466,778.
Details regarding the transactions concluded on 17 November 2021, together with the rest of the transactions already concluded in the period 1 January - 17 November 2021, containing information about the date of execution, type of transaction, description of its scope, total value of the transaction, expiry date, mutual debts and receivables, guarantees, penalties, payment due dates and methods are presented in Annex 1.
CEO
Georgeta Corina Popescu
Annex 1: Details regarding the transactions concluded by EFSA with Hidroelectrica in the period 1 January - 17 November 2021 of the kind listed in Art. 108 of Law No. 24/2017
Agreement Type and No., execution date | Scope of the agreement | Amount of transactions | Date of entry into force | Expiry date | Guarantees (RON th., unless otherwise specified) | Penalties (RON th.) | Payment due dates and payment methods |
Buyer: EFSA Seller: Hidroelectrica | |||||||
Transaction ID 37232/ 6 Jan 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 451.92 | 6 January 2021 | 17 January 2021 | Guarantee of RON 2 mill. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2021 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 37334/ 8 Jan 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 470.06 | 8 January 2021 | 17 January 2021 | Guarantee of RON 2 mill. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2021 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 37343/ 8 Jan 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 468.72 | 8 January 2021 | 17 January 2021 | Guarantee of RON 2 mill. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2021 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice.
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Transaction ID 37344/ 8 Jan 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 468.72 | 8 January 2021 | 17 January 2021 | Guarantee of RON 2 mill. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2021 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 37345/ 8 Jan 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 468.72 | 8 January 2021 | 17 January 2021 | Guarantee of RON 2 mill. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2021 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 37347/ 8 Jan 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 468.72 | 8 January 2021 | 17 January 2021 | Guarantee of RON 2 mill. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2021 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 37596/ 19 Jan 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 425.04 | 19 January 2021 | 31 January 2021 | Guarantee of RON 2 mill. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2021
Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 37645/ 22 Jan 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 223.44 | 22 January 2021 | 31 January 2021 | Guarantee of RON 2 mill. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2021
Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 37646 / 21 Jan 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 223.44 | 21 January 2021 | 31 January 2021 | Guarantee of RON 2 mill. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2021
Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 37743 / 27 Jan 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 218.40 | 27 January 2021 | 7 February 2021 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 37745 / 27 Jan 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 218.40 | 27 January 2021 | 7 February 2021 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 37758/ 28 Jan 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 883.68 | 28 January 2021 | 28 February 2021 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 37791/ 28 Jan 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 210.21 | 28 January 2021 | 7 February 2021 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 37832/ 1 Feb 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 210.00 | 1 February 2021 | 7 February 2021 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 37871/ 1 Feb 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 208.32 | 1 February 2021 | 7 February 2021 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 37993/ 8 Feb 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 214.20 | 8 February 2021 | 21 February 2021 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 38010/ 8 Feb 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 203.28 | 8 February 2021 | 14 February 2021 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 38013/ 8 Feb 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 203.28 | 8 February 2021 | 14 February 2021 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 38229/ 18 Feb 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 201.60 | 18 February 2021 | 28 February 2021 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 38248/19 Feb 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 201.60 | 19 February 2021 | 28 February 2021 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 38305/22 Feb 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 200.76 | 22 February 2021 | 28 February 2021 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 38309/22 Feb 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 199.92 | 22 February 2021 | 28 February 2021 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice.
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Transaction ID 38311/22 Feb 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 199.08 | 22 February 2021 | 28 February 2021 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 38312/22 Feb 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 199.08 | 22 February 2021 | 28 February 2021 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 38315/22 Feb 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 198.25 | 22 February 2021 | 28 February 2021 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Convention 209/ 9 Mar 2021, concluded on PCCB-NC | Sale and purchase of electricity | 788.40 | 9 March 2021 | 30 April 2021 | 788.40 | Late payment penalties are calculated for each day of delay, starting with the day immediately following the due date and until the date of payment of the amount due, inclusive. The level of delay penalties corresponds as a percentage of the interest due for non-payment on time of the obligations to the state budget, for each day of delay. | The invoice is issued no later than the first working day of the month immediately following the month of delivery. Payment shall be made before the last of the following dates: (a) the 7th working day following the date of dispatch of the invoice; or (b) the 8th working day immediately following the month of delivery. |
Transaction ID 38768/30 Mar 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PCCB-NC | Sale and purchase of electricity | 932.40 | 30 March 2021 | 30 April 2021 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Convention 475/ 8 Apr 2021, concluded on PCCB-LE-Flex | Sale and purchase of electricity | 7,025.20 | 8 April 2021 | 31 December 2022 | 972.72 | Penalty interest is calculated for each day of delay, starting with the day immediately following the due date and until the date of settlement of the amount due, inclusive. The level of penalty interest is 0.1% for each day of delay. Additional compensation in case of termination, equal to the value of electricity related to a number of 31 days of delivery, regardless of the number of days of delivery remaining until the completion of electricity supplies related to the contract. | The invoice is issued in the first 3 financial days of the month following the contractual delivery month. Payment shall be made by the tenth day of the contract month following the month of delivery. If the 10th calendar day of the month following the contract month is a non-working day, payment will be made no later than the next working day. |
Convention 476/ 8 Apr 2021, concluded on PCCB-LE-Flex | Sale and purchase of electricity | 7,052.86 | 8 April 2021 | 31 December 2022 | 976.55 | Penalty interest is calculated for each day of delay, starting with the day immediately following the due date and until the date of settlement of the amount due, inclusive. The level of penalty interest is 0.1% for each day of delay. Additional compensation in case of termination, equal to the value of electricity related to a number of 31 days of delivery, regardless of the number of days of delivery remaining until the completion of electricity supplies related to the contract. | The invoice is issued in the first 3 financial days of the month following the contractual delivery month. Payment shall be made by the tenth day of the contract month following the month of delivery. If the 10th calendar day of the month following the contract month is a non-working day, payment will be made no later than the next working day. |
Convention 477/ 8 Apr 2021, concluded on PCCB-LE-Flex | Sale and purchase of electricity | 7,125.87 | 8 April 2021 | 31 December 2022 | 986.66 | Penalty interest is calculated for each day of delay, starting with the day immediately following the due date and until the date of settlement of the amount due, inclusive. The level of penalty interest is 0.1% for each day of delay. Additional compensation in case of termination, equal to the value of electricity related to a number of 31 days of delivery, regardless of the number of days of delivery remaining until the completion of electricity supplies related to the contract. | The invoice is issued in the first 3 financial days of the month following the contractual delivery month. Payment shall be made by the tenth day of the contract month following the month of delivery. If the 10th calendar day of the month following the contract month is a non-working day, payment will be made no later than the next working day. |
Transaction ID 39191/13 May 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 250.32 | 13 May 2021 | 23 May 2021 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 39385/21 May 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 478.80 | 21 May 2021 | 30 May 2021 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 39526/28 May 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 1,206.00 | 28 May 2021 | 30 June 2021 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 39532/28 May 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 1,206.00 | 28 May 2021 | 30 June 2021 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 39549/28 May 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 1,170.00 | 28 May 2021 | 30 June 2021 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 39587/28 May 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 504.00 | 28 May 2021 | 6 June 2021 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 39597 /28 May 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 1,159.20 | 28 May 2021 | 30 June 2021 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 39607 /3 Jun 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 1,372.68 | 3 June 2021 | 31 July 2021 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 39644 / 4 Jun 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 1,365.24 | 4 June 2021 | 31 July 2021 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 39694 / 10 Jun 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 1,376.40 | 10 June 2021 | 31 July 2021 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 39727 / 11 Jun 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 1,432.20 | 11 June 2021 | 31 July 2021 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 39735 / 14 Jun 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 2,886.72 | 14 June 2021 | 31 July 2021 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Convention 1124/ 23 Jun 2021, concluded on PCCB-LE-Flex | Sale and purchase of electricity | 15,799.97 | 23 June 2021 | 31 December 2022 | 2,250.96 | Penalty interest is calculated for each day of delay, starting with the day immediately following the due date and until the date of settlement of the amount due, inclusive. The level of penalty interest is 0.1% for each day of delay. Additional compensation in case of termination, equal to the value of electricity related to a number of 31 days of delivery, regardless of the number of days of delivery remaining until the completion of electricity supplies related to the contract. | The invoice is issued in the first 3 financial days of the month following the contractual delivery month. Payment shall be made by the tenth day of the contract month following the month of delivery. If the 10th calendar day of the month following the contract month is a non-working day, payment will be made no later than the next working day. |
Convention 1125/ 23 Jun 2021, concluded on PCCB-LE-Flex | Sale and purchase of electricity | 15,688.28 | 23 June 2021 | 31 December 2022 | 2,235.04 | Penalty interest is calculated for each day of delay, starting with the day immediately following the due date and until the date of settlement of the amount due, inclusive. The level of penalty interest is 0.1% for each day of delay. Additional compensation in case of termination, equal to the value of electricity related to a number of 31 days of delivery, regardless of the number of days of delivery remaining until the completion of electricity supplies related to the contract. | The invoice is issued in the first 3 financial days of the month following the contractual delivery month. Payment shall be made by the tenth day of the contract month following the month of delivery. If the 10th calendar day of the month following the contract month is a non-working day, payment will be made no later than the next working day. |
Convention 1126/ 23 Jun 2021, concluded on PCCB-LE-Flex | Sale and purchase of electricity | 15,745.22 | 23 June 2021 | 31 December 2022 | 2,243.16 | Penalty interest is calculated for each day of delay, starting with the day immediately following the due date and until the date of settlement of the amount due, inclusive. The level of penalty interest is 0.1% for each day of delay. Additional compensation in case of termination, equal to the value of electricity related to a number of 31 days of delivery, regardless of the number of days of delivery remaining until the completion of electricity supplies related to the contract. | The invoice is issued in the first 3 financial days of the month following the contractual delivery month. Payment shall be made by the tenth day of the contract month following the month of delivery. If the 10th calendar day of the month following the contract month is a non-working day, payment will be made no later than the next working day. |
Transaction ID 40152 / 23 Jul 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 255.60 | 23 July 2021 | 25 July 2021 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 40190 / 2 Aug 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 17,782.80 | 2 August 2021 | 31 December 2022 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 40194 / 2 Aug 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 17,804.70 | 2 August 2021 | 31 December 2022 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Transaction ID 40196 / 2 Aug 2021, annex to EFET contract No. 872/29 Dec 2015, concluded on PC-OTC | Sale and purchase of electricity | 17,826.60 | 2 August 2021 | 31 December 2022 | Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid until 25 January 2023 | For due debts, an interest will be charged, from and inclusive, the due date until, exclusively, the date of payment. The interest rate will be the 3-month ROBOR rate at 11 a.m. on the due date + 3% per year. | The seller will send the invoice during the calendar month following a supply of electricity according to the delivery schedule for the previous month. Payment is made on or before the last of the following dates: the 20th calendar day or if it is not a working day, then immediately the next working day or the 5th working day from the receipt of the invoice. |
Convention 2142/28 Sept 2021, concluded on PCCB-LE-Flex | Sale and purchase of electricity | 14,358.45 | 28 September 2021 | 31 December 2022 | 1,988.09 | Penalty interest is calculated for each day of delay, starting with the day immediately following the due date and until the date of settlement of the amount due, inclusive. The level of penalty interest is 0.1% for each day of delay. Additional compensation in case of termination, equal to the value of electricity related to a number of 31 days of delivery, regardless of the number of days of delivery remaining until the completion of electricity supplies related to the contract. | The invoice is issued in the first 3 financial days of the month following the contractual delivery month. Payment shall be made by the tenth day of the contract month following the month of delivery. If the 10th calendar day of the month following the contract month is a non-working day, payment will be made no later than the next working day. |
Convention 2647/16 Nov 2021, concluded on PCCB-LE-Flex | Sale and purchase of electricity | 31,412.99 | 16 November 2021 | 31 December 2022 | 4,349.49 | Penalty interest is calculated for each day of delay, starting with the day immediately following the due date and until the date of settlement of the amount due, inclusive. The level of penalty interest is 0.1% for each day of delay. Additional compensation in case of termination, equal to the value of electricity related to a number of 31 days of delivery, regardless of the number of days of delivery remaining until the completion of electricity supplies related to the contract. | The invoice is issued in the first 3 financial days of the month following the contractual delivery month. Payment shall be made by the tenth day of the contract month following the month of delivery. If the 10th calendar day of the month following the contract month is a non-working day, payment will be made no later than the next working day. |
Convention 2648/16 Nov 2021, concluded on PCCB-LE-Flex | Sale and purchase of electricity | 30,831.42 | 16 November 2021 | 31 December 2022 | 4,268.97 | Penalty interest is calculated for each day of delay, starting with the day immediately following the due date and until the date of settlement of the amount due, inclusive. The level of penalty interest is 0.1% for each day of delay. Additional compensation in case of termination, equal to the value of electricity related to a number of 31 days of delivery, regardless of the number of days of delivery remaining until the completion of electricity supplies related to the contract. | The invoice is issued in the first 3 financial days of the month following the contractual delivery month. Payment shall be made by the tenth day of the contract month following the month of delivery. If the 10th calendar day of the month following the contract month is a non-working day, payment will be made no later than the next working day. |
Convention 2651/16 Nov 2021, concluded on PCCB-LE-Flex | Sale and purchase of electricity | 30,707.04 | 16 November 2021 | 31 December 2022 | 4,251.74 | Penalty interest is calculated for each day of delay, starting with the day immediately following the due date and until the date of settlement of the amount due, inclusive. The level of penalty interest is 0.1% for each day of delay. Additional compensation in case of termination, equal to the value of electricity related to a number of 31 days of delivery, regardless of the number of days of delivery remaining until the completion of electricity supplies related to the contract. | The invoice is issued in the first 3 financial days of the month following the contractual delivery month. Payment shall be made by the tenth day of the contract month following the month of delivery. If the 10th calendar day of the month following the contract month is a non-working day, payment will be made no later than the next working day. |
Convention 2669/17 Nov 2021, concluded on PCCB-LE-Flex | Sale and purchase of electricity | 51,811.02 | 17 November 2021 | 31 March 2023 | 7,381.30 | Penalty interest is calculated for each day of delay, starting with the day immediately following the due date and until the date of settlement of the amount due, inclusive. The level of penalty interest is 0.1% for each day of delay. Additional compensation in case of termination, equal to the value of electricity related to a number of 31 days of delivery, regardless of the number of days of delivery remaining until the completion of electricity supplies related to the contract. | The invoice is issued in the first 3 financial days of the month following the contractual delivery month. Payment shall be made by the tenth day of the contract month following the month of delivery. If the 10th calendar day of the month following the contract month is a non-working day, payment will be made no later than the next working day. |
Convention 2670/17 Nov 2021, concluded on PCCB-LE-Flex | Sale and purchase of electricity | 51,801.38 | 17 November 2021 | 31 March 2023 | 7,379.92 | Penalty interest is calculated for each day of delay, starting with the day immediately following the due date and until the date of settlement of the amount due, inclusive. The level of penalty interest is 0.1% for each day of delay. Additional compensation in case of termination, equal to the value of electricity related to a number of 31 days of delivery, regardless of the number of days of delivery remaining until the completion of electricity supplies related to the contract. | The invoice is issued in the first 3 financial days of the month following the contractual delivery month. Payment shall be made by the tenth day of the contract month following the month of delivery. If the 10th calendar day of the month following the contract month is a non-working day, payment will be made no later than the next working day. |
Beneficiary: Hidroelectrica Provider: EFSA | |||||||
Contract 247/21 Jul 2004 - MN Contract 13 /2 Jun 2004 - TN | Re-invoicing - pensioners energy quota Equivalent value of electricity granted to individuals benefiting from the provisions of GD.1041/2003 and GD.1461/2003 | 229.63 | 21 July 2004
2 Jun 2004
| During the period of GD 1041/ and GD 1461/2003 | N/A | If the beneficiary does not pay the value of the invoices within 30 days from the due date, he owes the supplier penalties in the amount of 0.05% for each day of delay, starting with the 31st day and until full payment of the invoice. The amount of the penalties shall not exceed the value of the amount on which they were calculated. | The supplier issues the invoice within 5 working days from the expiration date of each month in which the electricity was invoiced to the pensioners. Payment of the invoice will be made until the 25th of the month following the reference month. |
Contract 119 / 10 Jun 2004 - TS | 10 Jun 2004 | If the beneficiary does not pay the value of the invoices on time, he owes the supplier penalties in the amount equal to that provided for non-payment of obligations to the State Budget for each calendar day of delay, starting with the due date and until full receipt of the invoice. The amount of the penalties shall not exceed the value of the amount on which they were calculated. | The supplier issues the invoice within 10 calendar days from the expiration date of each month in which the electricity was invoiced to the pensioners. Payment of the invoice will be made within 15 calendar days from the date of issue. | ||||
Contract 319/25 May 2021 | 25 May 2021 | If the beneficiary does not pay the payment obligations within 30 days from the due date, he owes the provider penalties equal to the level of interest charged for late payment of debts to the State Budget, for each calendar day of delay, starting with due and until full payment, including the day of payment. The amount of the penalties will not exceed the value of the settlement invoice. | The provider issues the monthly invoice until the 15th of each month, with the date of issue on the last day of the previous month. Payment of the invoice will be made within 30 calendar days from the date of issue. | ||||
Total executed amount during 1 January - 17 November 2021: RON 357,026.23 th.
Due and not due mutual receivables of EFSA to Hidroelectrica at 16.11.2021: RON 11.93 th.
Due and not due mutual debts of EFSA to Hidroelectrica at 16.11.2021: RON 0 th.
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