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Arinna Development SRL (Romania)

Main Activities: Electric Power Generation
Full name: Arinna Development SRL Profile Updated: August 22, 2023
Buy our report for this company USD 19.99 Most recent financial data: 2021 Available in: English Download a sample report

Arinna Development SRL, founded in 2010 is a Romanian photovoltaic electricity producer. Luxemburg-based private equity firm Quercus Investment Partners has acquired the company in June, 2012 from Romanian private investors, Andrei-Mihai Pogonaru, Daniel-Cristian Pirvulescu, Radu Diaconu and Marian-Vasile Brasoveanu. Lux Renewable Holdings 2 S.a.r.l and Best Wonder Business S.L. are the new shareholders in Arinna Development, which is currently developing a 7.5MW solar power project.

Headquarters
Strada Floreasca Nr. 246C
Bucharest; Bucharest;

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Basic Information
Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
July 30, 2010
Key Executives
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Director
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Administrator
Ownership Details
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100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency RON. Absolute financial data is included in the purchased report.
Net sales revenue
313.15%
Total operating revenue
304.87%
Operating profit (EBIT)
16.51%
EBITDA
39.64%
Net Profit (Loss) for the Period
-46.59%
Total assets
-2.16%
Total equity
28.38%
Operating Profit Margin (ROS)
248.03%
Net Profit Margin
-83.64%
Return on Equity (ROE)
-31.12%
Quick Ratio
0.31%
Cash Ratio
0.06%

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