ELCEN
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ELCEN Wants To Borrow RON200M To Buy Fuel
Romanian state-run electricity and thermal power producer Electrocentrale Bucuresti (ELCEN) wants to borrow 200 million lei (EUR45 million) from banks to buy fuel for energy production betwe...
ELCEN Hires Lawyers To Assist With Split-up
Romanian state-run power producer Electrocentral Bucharest (ELCEN) has hired the local law firm Bostina si Asociatii to assist with the company’s planned division ahead of a process aimed at...
ELCEN And Japan’s Marubeni Sign Agreement For EUR150M Investment
Romanian state-run thermal power producer ELCEN and Japanese energy trader Marubeni on Tuesday signed an agreement for the construction of a EUR150 million thermal power plant in Fantanele (...
Heating Prices In Bucharest To Remain Unchanged After Gas Price Hike
Heating bills in Romania’s capital Bucharest will remain unchanged despite a planned 10% increase in natural gas prices as of September, an official with the Economy Ministry said Thursday.
ELCEN Will Not Stop Energy Deliveries To Bucharest, Despite City's Debts
Romanian thermal power producer ELCEN will not stop supplying Bucharest heating distributor RADET, despite the latter's debts and penalties in excess of 2 billion lei (EUR463 million), ELCEN...
ELCEN Threatens To Cut Heating To Bucharest, Over City's Debts
Romanian thermal power producer ELCEN is threatening to stop supplying Bucharest heating distributor RADET over its huge debts, leading Mayor Sorin Oprescu to call on the President, Prime Mi...
Romanian ELCEN Seeks Loan For Raw Materials
Romanian thermal power producer Electrocentrale Bucuresti (ELCEN) on Wednesday said it plans to take out a 5-year loan worth between 150 and 300 million lei (EUR35-70 million) to buy raw mat...
IMF Urges Romania To Privatize Main Thermal Power Producer
The International Monetary Fund has asked Romania’s Government to transfer thermal power producer Electrocentrale Bucuresti (ELCEN) to the Economy Ministry and begin privatization procedures...
Romgaz Expects To Take Over Iernut Thermal Power Plant By Yearend
Romanian gas producer Romgaz Medias estimates it will take over by the end of the year the Iernut thermal power producer, from Electrocentrale Bucuresti, and is currently awaiting shareholde...