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Wednesday, December 12, 2018 
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Q3 2017 financial results

Release Date: 11/16/2017 7:56:36 AM

IRIS Code: 57964

Report as of September 30, 2017

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. 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 September 30, 2017 the Entity registered total income in amount of 72,237,639 RON, from which 58,754,201 RON Power Transformers BU, 12,919,467 RON Rotate Electrical Engines BU and 563,971 RON Others, representing an increase with 4,9% from the incomes booked in the same period of the last year, and a loss of (30,365,033) RON vs. the first nine months of 2016 in amount of (20,955,739) RON.

Fixed assets as of September 30, 2017 are in amount of 256,048,399 RON, current assets 97,493,431 RON, cumulated losses 326,672,493 RON, negative equity 149,156,084 RON, current debts 296,452,933 RON (from which: 107,503,619 RON amounts related to shareholders, 71,573,427 RON debts to the bank), net current liabilities in amount of 198,959,502 RON.

We mention that the financial statements as of September 30, 2017 are not audited by the external financial auditor of the Company.

The signed financial statements as of September 30, 2017 are available on the Company’s website, www.electroputere.ro starting with November 15, 2017, 19:00.


OSAMA M.T. AL-HALABI – President



The financial statements as of September 30, 2017 are also available on the below link:


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