Supplier and distributor Electrica SA has set for 2010 of around 100 million euro investment in the power grid of the three branches, Electrica Muntenia Nord, Electrica Transilvania Sud and Electrica Transilvania Nord and the production of electricity from wind sources.

"Next year we want to maintain our investment of about EUR 25 million on each of the three distribution subsidiaries, the company's power grid, and lines of high, medium and low voltage. To these are added and investment 20 million euros, the central unit, that is our objective in terms of electricity production from renewable wind, "said meet director general interview NewsIn Electrica SA, John Folescu.

He stressed that as the value of investments that the company will do next year is 15 million euros higher than this year.

"The three branches, Electrica Muntenia Nord, Electrica Transilvania Sud and Electrica Transilvania Nord, investments will be similar to those of this year. However, the Central Unit in 2009, investments were approximately 5 million euros, compared to the 20 million that we want to allocate next year, "said John Folescu.

Director General Electric noted that the investment strategy seeks compliance with qualitative parameters in the supply of electricity, and lack of voltage fluctuations, aesthetics and safety supply facilities.

Electrica SA has proposed the development of renewable generation capacity of about 375mW to meet requirements of green certificates from their own, that of wind power 150mW, 200mW and 25mW biomass of hydropower. Currently, these projects are in feasibility study phase.

The branches of distribution and supply of Transylvania and Wallachia (Electrica Transilvania Nord, Electrica Transilvania Sud, Electrica Muntenia Nord) and the subsidiary Electrica Serv Electrical serves approximately 5 million customers. Electrica's majority shareholder is the Ministry of Economy.

At group level, the company had in 2008 a number of Business 5.9 billion and a gross profit of 1.5 billion lei.