ELECTRICA
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Electrica Branches To Be Listed In Second Half Of 2012 - Sources
The three branches of Romanian electricity supplier Electrica will be floated on the Bucharest Stock Exchange in the second half of this year, and the listing schedule will be developed with...
Romania To Start Floating Electrica Units
Romanian authorities decided the start of procedures to list 15% stakes in electricity distributors Electrica Distributie Transilvania Sud, Electrica Distributie Transilvania Nord and Electr...
Employees To Have Access To Electrica Stock By Yearend
Employees of Romanian power producer Electrica SA will be able to buy stock in the company’s privatized units by the end of this year, within a process that has been postponed since 2005, ec...
Nightmarish Week For Energy: Wind Turbines Disconnected From System, Damages Of Millions Of Euros
Wind farms have been disconnected from the system, distributors have suffered millions of euros in damages and 50,000 residents in small towns have been left in the dark.
Electrica To Sell 15% Stakes In Its Distribution Units
Romanian state-run power company Electrica SA will sell stakes of 15% in each of its distribution units on the Bucharest bourse and will hire legal advisers by mid-February, according to a d...
Electrica Asks E.ON For EUR50M In Damages
Romanian state-owned electricity distributor Electrica asked German utility group E.ON to pay damages worth EUR50 million within a litigation initiated by E.ON in the International Court of...
Electrica Plans To Sell Muntenia Sud Stock To Enel
Romanian state-owned power distributor Electrica plans to sell the shares it owns in companies detached from Electrica Muntenia Sud, a subsidiary sold to Italian utility group Enel.
Oltchim To Work On Debt Payment Schedule With Electrica
Romanian chemical company Oltchim (OLT.RO) Thursday said it will establish a payment schedule for its debt to energy supplier Electrica, a day after the latter has terminated an agreement si...
Electrica Calls Off Auction To Buy Wind Turbines
Romanian state-run power distributor Electrica has called off an auction to purchase wind turbines for its planned wind farms in the eastern county of Galati, saying the offers received were...