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Development

The company GEN made EUR 48.68 million worth of capital investments in 2011, both in the form of direct investments and financial investments.Since the company's profits are the only viable source of finance, the capital investments were financed largely by the profits from the current and previous years.

 

In 2011 the company GEN financed its capital investments by depreciation allowances in the amount of EUR 0.85 million and by the current profits and retained earnings from previous years totalling as much as EUR 47.83 million.



To be able to carry on providing a reliable and stable supply of electricity at competitive prices to consumers, we channel our investments into: