HIDROELECTRICA
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Hidroelectrica’s Legal Administrator Replaces Managers of Bistrita, Portile de Fier Branches
Remus Borza, head of Euro Insol, judicial administrator for Romania's insolvent power producer Hidroelectrica, replaced several managers of Hidroelectrica branches in Bistrita and Portile de...
Hidroelectrica Gets Two New Directors Starting May 5
Euro Insol, legal administrator for Romania's state-run hydropower producer Hidroelectrica, has appointed two new directors at the company starting May 5.
Hidroelectrica Plans RON377M Investment In 2014
Romanian state-run hydropower producer Hidroelectrica has scheduled investments worth 377 million lei (EUR85 million) for this year, mainly in upgrade works and “historical” projects, the co...
Hidroelectrica Shareholder Says IPO Likely In 2015
State-run hydropower producer Hidroelectrica’s planned offering of a 15% stake in Bucharest will likely take place next year, once the company completes an insolvency process, according to e...
Former BCR Director To Coordinate Hidroelectrica’s IPO
Euro Insol, legal administrator for Romania's insolvent power producer Hidroelectrica, has hired Stefan Frangulea, former director within local lender BCR, to coordinate the sale of Hidroele...
Hidroelectrica’s Supervisory Board Dissolved After Company Went Insolvent
The supervisory board of Hidroelectrica, Romania’s largest energy producer that entered insolvency for the second time on February 25, has been dissolved, and none of the members appointed i...
Nuclear And Hydropower Investments Buried Under Tons Of Feasibility Studies
Romania’s largest electricity generation company, Hidroelectrica, signed a EUR44,000 deal this February to have the feasibility study on the Tarnita-Lapusesti hydropower plant, a EUR1 billio...
Hidroelectrica Hires Former Vimetco IT Manager
Remus Borza, head of Euro Insol, judicial administrator for Romania's insolvent power producer Hidroelectrica has appointed an IT manager for Hidroelectrica recruited from Russian group Vime...
Hidroelectrica Closes RON120M Credit Line From Banca Transilvania
Romanian insolvent power producer Hidroelectrica has closed a RON120 million short-term credit line from Banca Transilvania, which was due on April 11, 2014, the company said in a press rele...