HIDROELECTRICA
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Romania To List Hidroelectrica and Electrica In June
Romanian state-run energy companies Hidroelectrica and Electrica will be floated in June at both the Bucharest and the London stock exchanges, Minister Delegate for Energy Constantin Nita to...
Borza: Providing Electricity To Households Will Cause EUR30M Loss To Hidrolectrica
The decision of Romania’s energy watchdog ANRE to provide only hydropower and nuclear power to households, starting 2014, will cause loss of EUR30 million to hydropower generator Hidroelectr...
Hidrolectrica Employees To Get Lower Wages
Romanian state-run hydropower generator Hidroelectrica Friday concluded a “historic agreement’ with the unionists through which it gained EUR23 million following a cut in certain bonuses and...
Hidroelectrica To Post RON900M Profit In 2013 – Fmr Administrator
Romanian state-run hydropower generator is expected to post more than 900 million lei (EUR201 million) profit in 2013, equal to the company’s income for the past 11 years, said Remus Borza,...
Hidroelectrica, Nuclearelectrica Sole Providers Of Electricity To Households As Of 2014
Romanian state-run hydropower generator Hidroelectrica and nuclear power company Nuclearelectrica (SNN.RO) have qualified to deliver electricity to households under a regulated regime as of...
Romania To Select New Broker For Hidroelectrica IPO January 20
Romanian state-run power producer Hidroelectrica in January will select a new broker to assist with the sale of 15% of its shares, following the government’s decision to increase the amount...
2013 In Review: Ten Most Important Events In Energy Sector
The year 2013 looked like it was going to be a bumpy year right from the start. Rumors about the reduction of the green power support scheme, which attracted more than EUR4.5 billion investm...
Former Hidroelectrica Trading Manager Gets 3-Year Suspended Jail Sentence
The Bucharest Court sentenced Eugen Bradean, former trading manager with state-owned hydropower plant Hidroelectrica, to a three-year suspended jail term, in a corruption case.
Hidroelectrica Employees May Buy 10% Of New Shares Issued After Capital Increase
Workers, managers and former employees of Romanian state-owned hydropower producer Hidroelectrica will be able to buy up to l0% of the new shares issued by the company after an 18.74% capita...