HIDROELECTRICA
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Hidroelectrica Profit Slumps To RON15.7M In 2011, Hit By Drought
Romanian state-run hydropower generator Hidroelectrica Thursday said its net profit dropped to 15.7 million lei (EUR3.6 million) in 2011, from over RON292 million a year earlier, hit by dry...
Romania To Launch Roadshows For Transelectrica SPO Next Week
Romania will launch roadshows for a secondary offering of 15% in state-run power grid operator Transelectrica (TEL.RO) on February 27, while investors will be able to subscribe to the offeri...
Bilateral Deal Beneficiaries Agree To Hidroelectrica’s New Terms - Sources
Companies holding bilateral contracts with Romanian state-owned hydropower producer Hidroelectrica accepted price increases and a 10% to 20% reduction of delivered quantities, as well as a s...
Alro Could Declassify Hidroelectrica Deal, But Won’t Parade It
Romanian aluminum producer Alro Slatina (ALR.RO), part of Russian-owned group Vimetco, on Thursday said it is willing to declassify the electricity purchase contract it has with state-owned...
Romania Considers Terminating Hidroelectrica Bilateral Contracts, After Failed Negotiations
Romania's Economy Ministry has failed to reach an agreement with the beneficiaries of the bilateral contracts signed with state hydropower producer Hidroelectrica, and has called in the Just...
IMF Asks Romania To Renegotiate Hidroelectrica Bilateral Contracts By February 15
The International Monetary Fund asked the government to complete the renegotiation of Hidroelectrica bilateral contracts by February 15, 2012, or terminate the contracts that cannot be reneg...
Hidroelectrica Uses Reserves To Cover National Electricity Shortage
State-owned hydropower producer Hidroelectrica is using its water reserves to compensate for the reduction of output in thermal power plants and wind farms.
Hidroelectrica Negotiates Price Hike In Bilateral Contracts
Romanian state-owned hydropower producer Hidroelectrica is negotiating direct sale contracts for a 20%-25% increase in delivery prices and a 10%-20% decrease in volumes delivered, the compan...
PM Adviser Appointed Member Of Hidroelectrica Privatization Committee
Romanian Prime Minister Emil Boc Wednesday appointed his economic adviser Andreea Paul-Vass as member in the privatization committee of state-run hydropower generator Hidroelectrica.