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HIDROELECTRICA

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Hidroelectrica Sells Electricity Worth RON153.2M
Energy

Hidroelectrica Sells Electricity Worth RON153.2M

Romania’s insolvent energy producer Hidroelectrica on Tuesday sold electricity worth 153.2 million lei (EUR34.54 million) on the local power exchange OPCOM, bringing the total sum raised in...

Florentina Dragu · 08.04.2014 · 15:17 · 1 min
Hidroelectrica Sells EUR23.5M Worth Of Electricity On OPCOM
Energy

Hidroelectrica Sells EUR23.5M Worth Of Electricity On OPCOM

Romania’s insolvent energy producer Hidroelectrica sold electricity worth 105 million lei (EUR23.5 million) on the local power exchange OPCOM on April 3 and 4, the company said in a statemen...

Ecaterina Craciun · 07.04.2014 · 12:09 · 1 min
Hidroelectrica Sells RON58.5M Worth Of Electricity
Energy

Hidroelectrica Sells RON58.5M Worth Of Electricity

Romania’s insolvent energy producer Hidroelectrica on Friday sold electricity worth 58.46 million lei (EUR13.1 million) on the local power exchange OPCOM, exchange data showed.

Florentina Dragu · 04.04.2014 · 18:10 · 1 min
Hidroelectrica Names New Accounting, Audit Heads
Energy

Hidroelectrica Names New Accounting, Audit Heads

Romania’s insolvent hydropower producer Hidroelectrica named Roxana Laura Panaitescu and Petronel Chiriac as the new heads of accounting and audit departments, the company announced Thursday...

Gabriela Stan · 03.04.2014 · 13:33 · 1 min
Hidroelectrica Terminates Credit Line With Alpha Bank
Energy

Hidroelectrica Terminates Credit Line With Alpha Bank

Romania’s insolvent hydropower producer Hidroelectrica terminated a credit line worth 80 million lei (EUR17.93 million) granted by Alpha Bank in 2009, falling due on March 31, 2014.

Gabriela Stan · 02.04.2014 · 16:12 · 1 min
Hidroelectrica Mulls Selling RON205M Worth Of Electricity
Energy

Hidroelectrica Mulls Selling RON205M Worth Of Electricity

Romania’s insolvent energy producer Hidroelectrica plans to sell 1.27 terawatt-hours of electricity on the local energy exchange OPCOM in a bid to raise 204.86 million lei (EUR46 million), a...

Florentina Dragu · 01.04.2014 · 13:54 · 1 min
Former Economy Minister Sentenced To Four Years In Prison For Hidroelectrica Fraud
Energy

Former Economy Minister Sentenced To Four Years In Prison For Hidroelectrica Fraud

Romania’s former economy minister Codrut Seres was sentenced to four years in prison Monday by the High Court of Justice for accessory to abuse of office in a case involving the defrauding o...

Oana Gavrila · 31.03.2014 · 15:27 · 1 min
Hidroelectrica Names Ex-OTP Manager As CFO
Energy

Hidroelectrica Names Ex-OTP Manager As CFO

The legal administrator of Romania’s insolvent hydropower producer Hidroelectrica named a new financial manager, namely Gabriela Mihailescu, former CFO and deputy CEO of OTP Bank, replacing...

Gabriela Stan · 31.03.2014 · 12:00 · 1 min
Borza: Hidroelectrica Will Raise EUR500M From IPO In 2015
Energy

Borza: Hidroelectrica Will Raise EUR500M From IPO In 2015

Hidroelectrica’s court appointed trustee, Remus Borza, believes the electricity producer will exit insolvency in seven to twelve months and expects the initial public offering of 15% to happ...

Loredana Frățilă-Cristescu · 27.03.2014 · 09:36 · 1 min