HIDROELECTRICA
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Hidroelectrica Insolvency Case Reaches BNR
Hidroelectrica’s creditors and its court-appointed administrator are due to discuss the impact of the shocking insolvency of Romania’s most valuable state-run company at the central bank’s h...
Hidroelectrica Reorganization Won’t Entail Selling Assets, Company To Ensure Job Stability
The reorganization of Romanian state-owned hydropower producer Hidroelectrica, which entered insolvency Wednesday, will target economic mechanisms and will not entail selling assets, accordi...
ANRE: Hidroelectrica Will Operate During Insolvency, No License Withdrawn
Romania’s energy regulator ANRE Thursday said it will not cancel or withdraw any authorization or license held by state-owned hydropower producer Hidroelectrica, which entered insolvency Wed...
BRD VP: Failure Of T-Bill Auction May Be Linked To Hidroelectrica Insolvency
The failure of Romania's treasury bill auction earlier this week can partially be the result of the announcement of Hidroelectrica's insolvency, which kept some banks out or made them demand...
Bucharest Court Approves Hidroelectrica's Insolvency
The Bucharest Court on Wednesday approved the start of insolvency proceedings for Romanian hydropower producer Hidroelectrica, lawyer Remus Borza said.
Hidroelectrica’s Insolvency May Raise Sovereign Risk Fears - Bancpost Official
The situation at hydropower producer Hidroelectrica may be regarded by foreign analysts as a warning that, since one of the largest state companies enters insolvency, Romania might witness m...
Moody's Cuts Hidroelectrica's Ratings By Four Notches To B2
Moody's Investors Service on Wednesday downgraded to B2 from Ba1 the long-term corporate family rating and probability of default rating of Romanian state-owned hydropower producer Hidroelec...
Management Incompetence Turns Into National Economy Sabotage
Remus Vulpescu, the lawyer appointed by Prime Minister Victor Ponta to run Hidroelectrica, the largest state-owned company, says the decision to file for insolvency was made on Friday, after...
Hidroelectrica's Insolvency Is Only Means To Reorganization, Not Bankruptcy – Chairman
The insolvency of Hidroelectrica, Romania's largest power producer, will not end in the company's bankruptcy but its reorganization, which will last 16-18 months and will not entail the sale...