HIDROELECTRICA
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Hidroelectrica Posts EUR91M Gross Profit In 1Q
Romanian insolvent hydropower producer Hidroelectrica posted a gross profit of RON405 million (EUR91 million) in the first quarter, more than double compared to the same period last year, as...
Hidroelectrica Sells Three Micro Hydropower Plants For RON5M
Romania's state owned hydropower producer Hidroelectrica, undergoing insolvency, sold, at the end of March, only three of a total 33 micro hydropower plants put up for sale, for 5 million le...
Hidroelectrica Wants To Pay 80% Of 2014 Record Profit As Dividends
The judicial administrator of insolvent Hidroelectrica, Romania’s biggest power producer, will propose to the company’s creditors and shareholders the disbursement of dividends accounting fo...
Hidroelectrica To Execute EUR8M Guarantees Of Austrian Company For Upgrade Contract
Romania’s insolvent power producer Hidroelectrica will execute next week the EUR8 million letter of guarantee issued by UniCredit on behalf of Austrian company Andritz Hydro for an upgrade c...
Hidroelectrica To Upgrade Three Power Plants For EUR300M, Targets Acquisitions
Romania's insolvent state-owned hydropower producer Hidroelectrica wants to invest EUR300 million this year in the upgrade of three hydropower plants and is looking to buy micro hydropower p...
Romania Should Offer 20-25% In Hidroelectrica IPO - Ex Privatizations Chief
Romania should offer a stake of 20% or 25% in the initial public offering of hydropower generator Hidroelectrica instead of its planned 15%, said former privatizations chief Gabriel Dumitras...
Hidroelectrica Posts Record Profit In January
Romanian state-owned hydropower producer Hidroelectrica posted a record gross profit of RON140 million in January, double compared to January 2014, the company said in a statement Monday.
Hidroelectrica: Dam Of Power Station Portile de Fier I Poses No Threat To People’s Safety
The dam of hydroelectric power station Portile de Fier I (Iron Gate I) poses no threat whatsoever to power groups or people’s safety, Romanian state-owned hydropower producer Hidroelectrica...
Hidroelectrica Signed Contracts To Deliver Electricity To Hungary This Year
Romanian state-owned hydropower producer Hidroelectrica signed three contracts for the supply of electricity to Hungary throughout 2015 and plans to sell 80-90 micro power plants this year,...