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Bostina & Asociatii To Represent Electrica In Paris Court
Energy

Bostina & Asociatii To Represent Electrica In Paris Court

Bostina & Asociatii, one of the biggest law firms in Romania, will represent Electrica, the country's only state-run electricity distribution and supply company, at the International Court o...

Ecaterina Craciun · 09.04.2013 · 00:00 · 3 min
Romanian Government Sells Over EUR190M Worth of Shares To Electrica Staff
Energy

Romanian Government Sells Over EUR190M Worth of Shares To Electrica Staff

The employees of Romanian state-run electricity supplier Electrica SA could buy shares in the company's privatized branches at between EUR3.17 and EUR45.26 per unit, according to the branch,...

Manuela Panescu · 20.02.2013 · 17:34 · 1 min
Electrica In EUR250M War With CEZ, Enel And E.ON Over Privatizations
Energy

Electrica In EUR250M War With CEZ, Enel And E.ON Over Privatizations

The Romanian state, through Electrica, is seeking justice in Paris in matters concerning European energy giants’ non-compliance with clauses in the privatization contracts.

Tudor Ioana Raluca · 08.02.2013 · 00:00 · 4 min
Electrica’s Capital Set To Double Following IPO – Draft Decision
Energy

Electrica’s Capital Set To Double Following IPO – Draft Decision

Romania’s Economy Ministry plans to launch a public offering to double the share capital of state-run electricity supplier SC Electrica SA with a view to float the company on the Bucharest S...

Florentina Dragu · 30.01.2013 · 14:27 · 1 min
Romania Extends Expiration Date Of Preference Shares In Electrica Units
Energy

Romania Extends Expiration Date Of Preference Shares In Electrica Units

Romania’s government Tuesday has extended until December 2013 a privatization clause allowing the employees of power producers Electrica Moldova and Electrica Oltenia to buy stakes of up to...

Florentina Dragu · 18.12.2012 · 20:28 · 1 min
Romania Extends By One Year The Sale Deadline Of 10% Stake In Electrica Moldova, Oltenia
Energy

Romania Extends By One Year The Sale Deadline Of 10% Stake In Electrica Moldova, Oltenia

The Romanian Government aims to extend by December 31, 2013 the right of electricity producers Electrica Moldova and Electrica Oltenia's employees to buy up to 10% of the stake in the two co...

Manuela Panescu · 03.12.2012 · 19:38 · 1 min
Constitutional Court To Issue Ruling In Electrica Moldova-E.ON Litigation - Sources
Energy

Constitutional Court To Issue Ruling In Electrica Moldova-E.ON Litigation - Sources

The Romanian Constitutional Court will decide if granting up to 10% of former electricity producer Electrica Moldova to its employees is constitutional, after the International Court of Arbi...

Ioana Tudor · 03.12.2012 · 17:43 · 1 min
Romania Ups Asking Price On Electrica’s Stakes In Enel Units
Energy

Romania Ups Asking Price On Electrica’s Stakes In Enel Units

Romania’s government has increased its asking price for two minority stakes in two Electrica units controlled by Italian utility Enel to EUR124.6 a share from EUR107.07 previously, according...

Florentina Dragu · 27.11.2012 · 17:42 · 1 min
Electrica Eyes EUR449M Deal With Enel For Minority Stakes In Two Units
Energy

Electrica Eyes EUR449M Deal With Enel For Minority Stakes In Two Units

Romanian state-run energy company Electrica plans to sell stakes of 13.57% each in two power suppliers to Italian utility Enel in a bid to raise EUR448.2 million, the government said Wednesd...

Florentina Dragu · 14.11.2012 · 18:50 · 1 min