Electromagnetica provides earnings guidance for the year 2016. For the year, the company expects a 54% decrease in revenue down to 182 million lei this year, mainly due to lower cash-ins from electricity production and supply. Also, it sees a 55% drop in turnover to 175.6 million lei.

The company targets a gross profit of 3 million lei versus a loss of 22 million lei in 2015.