HIDROELECTRICA
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Hidroelectrica Administrator: Bad Management Widespread In State-Owned Companies
Hydropower producer Hidroelectrica, which filed for insolvency on June 20, is not the only Romanian state-owned enterprise plagued by bad management, as many of the companies controlled by t...
Hidroelectrica To Complete First Hydropower Production Group Within EUR50M Project
Romanian insolvent power producer Hidroelectrica on Tuesday said it will finalize the first hydropower production group within a more ample hydropower development project worth over EUR500 m...
Hidroelectrica Invested RON1B In Side Projects - Euro Insol
Hidroelectrica was forced to invest 926 million lei (EUR206,696 million) in projects that use electricity as secondary alternative, which worsened its economic status, says a report on the c...
Hidroelectrica's Oversized Staff - One Of The Causes Of Insolvency
Hidroelectrica's personnel structure is "oversized" and the salary fund is "clearly out of proportion" with the company's economic indicators, says a report on the causes of the insolvency o...
Hidroelectrica's Relations With Banks Seen Improving
The banks are winning hundreds of million euros from financing state-owned hydropower producer Hidroelectrica and any attack against the company is seen as an attack against the Romanian sta...
Hidrolectrica To Gradually Lower Electricity Deliveries On Regulated Market
Romanian insolvent power producer Hidroelectrica will be able to gradually cut back deliveries on the regulated energy market starting with September 1, the company’s legal administrator Eur...
Hidroelectrica Won't Beat Insolvency Any Time Soon - Administrator
Romanian power producer Hidroelectrica cannot recover from insolvency this year, but more likely in June 2013, said Remus Borza, general manager of the state-owned company's legal administra...
Alro Slatina’s Electricity Price From Hidroelectrica Set Based On Aluminum Quotation, OPCOM
Romanian aluminum smelter Alro Slatina (ALR.RO), the biggest electricity consumer on the local market, will buy electricity from state-owned hydropower producer Hidroelectrica at a price set...
Alro Slatina To Pay 70% More For Energy From Hidroelectrica
Romanian aluminum smelter Alro Slatina (ALR.RO) will pay 70% more for the electricity bought from state-owned hydropower producer Hidroelectrica.