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BUCHAREST - Romanian utility company Societatea Energetica Electrica S.A. announced Tuesday that its Board of Directors has endorsed the appointment of KPMG Audit S.R.L. as the external auditor for Electrica Group for a three-year period covering fiscal years 2026-2028.
According to a press release statement, the board’s endorsement on October 27 includes audit services for both financial and sustainability reporting. The appointment will now be submitted for approval to the company’s Ordinary General Meeting of Shareholders (OGMS).
The board has decided to convene the shareholders’ meeting, though the specific date has not yet been determined and will be communicated at a later time, the company said.
Electrica is listed on multiple exchanges including the Bucharest Stock Exchange, London Stock Exchange, and Luxembourg Stock Exchange. The company has a subscribed and paid-in share capital of RON 3,395,530,040.
The company’s Chief Financial Officer, Stefan-Alexandru Frangulea, signed the announcement.
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