HIDROELECTRICA
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Creditors Approve Hidroelectrica’s Reorganization Plan
The creditors of Romanian insolvent state-owned hydropower producer Hidroelectrica approved the reorganization plan of the company Tuesday.
Hidroelectrica To Auction Off 25 Micro-Hydro Units In July
Romanian insolvent state-owned hydropower producer Hidroelectrica will organize an international auction early July to sell 25 micro-hydro facilities at a starting price of 73.6 million lei...
Hidroelectrica Registers Loss At Major Danube Power Station Due To High Water Flow
Romanian insolvent state-owned hydropower producer Hidroelectrica must release water at its power station Portile de Fier 2, as the Danube River flow exceeds the power station’s technical ca...
Euro Insol: Hidroelectrica Likely To Emerge From Insolvency By End-June
Romanian state-run power producer Hidroelectrica is likely to complete its insolvency process by the end of June, after the Bucharest Court rejected the last appeal filed by Alpiq RomIndustr...
Hidrolectrica Downsized To 7 Branches Out Of 13, Wage Spending Drops By EUR6M
Romania’s insolvent state-run power producer Hidroelectrica has been restructured and downsized to seven out of 13 branches, and will cut 300 jobs, lowering the company’s spending on salarie...
Nita: Hidroelectrica To Emerge From Insolvency In July
Romanian Energy Minister Constantin Nita Wednesday said that state-run power producer Hidroelectrica will likely complete its insolvency process by July 1, one year after having declared ban...
Former General Manager Of Hidroelectrica Fired
Traian Oprea, former general manager of Romanian state-owned hydropower producer Hidroelectrica, was dismissed Tuesday from the position of engineer at the company alongside 303 employees.
Hidroelectrica Wants To Sell 88 Micro-Hydro Units Starting June
Romanian insolvent state-owned hydropower producer Hidroelectrica will put up for sales 88 of its 160 micro-hydro facilities starting June, the company said Tuesday.
Energy Holding Revenue Down 14% After Loss Of Hidroelectrica Contract
Energy Holding, one of the major electricity traders in Romania, posted about 643 million lei (EUR149 million) revenue last year, down 14% on 2011, after losing access to its cheapest source...