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HIDROELECTRICA

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Hidroelectrica Eyes RON430M Net Profit In 2013
Energy

Hidroelectrica Eyes RON430M Net Profit In 2013

Romanian power producer Hidroelectrica estimates it will swing to a net profit of 430 million lei (EUR99.2 million) in 2013, versus losses a year earlier, the company’s legal administrator E...

Florentina Dragu · 17.01.2013 · 15:12 · 1 min
Hidroelectrica Fires Managers, Eyes Competition For Open Jobs
Energy

Hidroelectrica Fires Managers, Eyes Competition For Open Jobs

The managers of Romanian insolvent power producer Hidroelectrica have been dismissed from their positions Thursday as part of a larger reorganization process, Hidroelectrica’s legal administ...

Florentina Dragu · 17.01.2013 · 14:17 · 1 min
Hidroelectrica Sacks 154 Staff As Part Of Reorganization
Energy

Hidroelectrica Sacks 154 Staff As Part Of Reorganization

Romanian insolvent energy producer Hidroelectrica has given notice of termination of employment to 154 staff and slashed another 161 vacant positions as part of a reorganization program aime...

Florentina Dragu · 17.01.2013 · 13:34 · 1 min
Romanian Hidroelectrica, First Tenant In Bucharest Tower Center International
Real Estate

Romanian Hidroelectrica, First Tenant In Bucharest Tower Center International

Romania’s insolvent power producer Hidroelectrica Thursday said it leased 3,200 square meters in the office building Tower Center International in Bucharest's Victoriei Square, being the fir...

Manuela Panescu · 10.01.2013 · 12:47 · 1 min
Nuclearelectrica Loses RON41M Penalty Lawsuit Against Hidroelectrica
Energy

Nuclearelectrica Loses RON41M Penalty Lawsuit Against Hidroelectrica

The Bucharest Court ruled against state-run energy producer Nuclearelectrica on December 17 in a suit against hydropower producer Hidroelectrica, in which it demanded penalties of 41 million...

Ioana Tudor · 19.12.2012 · 16:20 · 1 min
Hidroelectrica Sold EUR106M Worth Of Electricity Since It Went Insolvent
Energy

Hidroelectrica Sold EUR106M Worth Of Electricity Since It Went Insolvent

Romania’s insolvent power producer Hidroelectrica Tuesday sold 108.4 million lei (EUR24.3 million) worth of electricity on the local market OPCOM, the company said in a statement.

Florentina Dragu · 18.12.2012 · 19:34 · 1 min
Hidroelectrica Obtains Big Debt Relief From German-Austrian Consortium
Energy

Hidroelectrica Obtains Big Debt Relief From German-Austrian Consortium

Romania’s insolvent power producer Hidroelectrica has obtained a significant debt reduction from one its main creditors, the Voith Hydro-Andritz Hydro German-Austrian consortium, the energy...

Florentina Dragu · 18.12.2012 · 14:54 · 1 min
Hidroelectrica Expects EUR6M From Carbon Trading
Energy

Hidroelectrica Expects EUR6M From Carbon Trading

Romania’s insolvent energy producer Hidroelectrica estimates it will raise EUR6 million from selling greenhouse gas allowances power companies can use to offset their emissions.

Florentina Dragu · 17.12.2012 · 15:12 · 1 min
Hidroelectrica Mulls EUR130M Investment In Hydropower Plants By 2016
Energy

Hidroelectrica Mulls EUR130M Investment In Hydropower Plants By 2016

Romanian insolvent energy producer Hidroelectrica plans to invest EUR130 million in several micro-hydropower plants by 2016 to diversify its revenue sources, the company’s designated adminis...

Florentina Dragu · 13.12.2012 · 13:13 · 1 min