Energocom

Energocom

Company type	State-owned enterprise
Founded	30 December 2004
Area served	Moldova
Owner	Government of Moldova (100%)
Website	energocom.md

Energocom is a state-owned company that is Moldova's central electricity supplier. It has had this status since 25 March 2018, when a government decision from 1 November 2017 came into force. As of 2020, the Moldovan government held 100% of the company's shares.[1] Energocom was created by a government decision on 30 December 2004. The company's main purpose is the supply of electricity, its import and export and the carrying out of electricity exchanges with external interconnection partners for the internal electricity balancing market, in order to avoid production–consumption imbalances.[2]

Since December 2022, the entire gas demand of government-held Moldova (all of the country except Transnistria) has been met through gas supplied by Energocom, ending Russian gas supplies to the country.[3] On 1 November 2024, Energocom representatives announced that the company had entered, in last place, the top 100 largest companies in southeastern Europe; the ranking included at the time companies from Albania, Bosnia and Herzegovina, Bulgaria, Croatia, North Macedonia, Moldova, Montenegro, Romania, Serbia and Slovenia.[4]

References

1. Muntean, Ion (10 March 2020). "The perpetuation of formalistic electricity procurement practices amplifies the security threats facing the country and undermines the development of the electrical energy sector" (PDF). Bulletin. Power, Politics & Policy (6). Institute for Development and Social Initiatives "Viitorul": 2.
2. "Premier Energy susține că nu a semnat niciun contract privind achiziția energiei electrice: "Au prezentat oferte trei furnizori, însă compania de stat "Energocom SA" nu a prezentat"". Ziarul de Gardă (in Romanian). 23 March 2021.
3. Całus, Kamil (20 February 2023). "More independence, less fear. Moldova's perspective on Russia after a year of war in Ukraine" (PDF). Centre for Eastern Studies. p. 2.
4. Conovali, Mihaela (1 November 2024). "Energocom a intrat în clasamentul celor mai mari 100 de companii din sud-estul Europei". NewsMaker (in Romanian).

External links

• Official website