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CE Oltenia Paid RON413M To State Budget In January-September
Energy

CE Oltenia Paid RON413M To State Budget In January-September

State-owned energy holding CE Oltenia paid RON413 to the state budget in the first nine months of the year and has no debt to the state budget, the company said in a statement Tuesday.

Gabriela Stan · 20.10.2015 · 17:29 · 1 min
ELCEN: Romgaz Won’t Cease Gas Supplies, Debts To Be Paid In Two Years
Energy

ELCEN: Romgaz Won’t Cease Gas Supplies, Debts To Be Paid In Two Years

Romania’s largest natural gas producer Romgaz (SNG.RO) agreed not to cease natural gas supplies to state-run electricity and thermal power producer Electrocentrale Bucuresti (ELCEN) on Octob...

Gabriela Stan · 29.09.2015 · 12:57 · 1 min
Real Estate

Insolvent Real Estate Project Pipera City Has EUR76M Debts

The debts of real estate project Pipera City, which went insolvent in 2012, total 340 million lei (EUR75.5 million), out of which lender Bancpost will have to recover over RON102 million, ac...

Gabriela Stan · 23.01.2015 · 13:33 · 1 min
Kruk Romania Managed RON6.9B Debts In January-September
Banks-Insurance

Kruk Romania Managed RON6.9B Debts In January-September

Debt collection firm Kruk Romania managed around 820,000 debts in January-September, totaling 6.9 billion lei (EUR1.55 billion), with the biggest debt worth RON2.2 million, general manager T...

Gabriela Stan · 12.11.2014 · 14:33 · 1 min
Hidroelectrica’s Debts Narrowed By 64% Since June 2012
Energy

Hidroelectrica’s Debts Narrowed By 64% Since June 2012

The debts of Romania’s state-run hydropower company Hidroelectrica fell 64%, to RON1.54 billion, from RON4.33 billion in June 2012, when it first went insolvent.

Gabriela Stan · 04.06.2014 · 12:34 · 1 min
Capital Market

Harinvest Clients Should Submit Debt Recovery Claims By May 12

Clients subject to the fraud at Harinvest brokerage firm should submit claims to recover their debts from Investors’ Compensation Fund by May 12, according to Romania’s Financial Supervisory...

Gabriela Stan · 25.04.2014 · 14:57 · 1 min
Romgaz To Recover RON240M Debts From ELCEN In Court
Energy

Romgaz To Recover RON240M Debts From ELCEN In Court

Romania’s state-run natural gas producer Romgaz (SNG.RO) filed legal action against electricity and thermal power producer Electrocentrale Bucuresti (ELCEN) to recover debts worth RON240.3 m...

Gabriela Stan · 18.04.2014 · 10:41 · 1 min
Deputies Adopt Ordinance On CNH Debt Transfer To CE Hunedoara
Energy

Deputies Adopt Ordinance On CNH Debt Transfer To CE Hunedoara

Chamber of Deputies Tuesday adopted the Ordinance stipulating the transfer of 70.2 million lei (EUR15.7 million) in liabilities from state-run coal mining company Compania Nationala a Huilei...

Gabriela Stan · 18.03.2014 · 14:42 · 1 min
Transport Ministry Raises CFR Calatori Share Capital By RON400M To Pay Off Debts To CFR SA
Companies

Transport Ministry Raises CFR Calatori Share Capital By RON400M To Pay Off Debts To CFR SA

The Transport Ministry will raise the share capital of passenger railway company CFR Calatori by RON400 million, to pay off debts on the use of railway infrastructure to CFR SA, which in tur...

Oana Gavrila · 28.10.2013 · 18:52 · 1 min