HIDROELECTRICA
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Brokers Can File Bids To Manage Hidroelectrica IPO
Romanian state-owned hydropower producer Hidroelectrica expects until March 1 bids from brokers willing to manage its listing on the Bucharest stock exchange, through a public offering of 10...
Alro Reconsiders Costs On High Energy Prices, Layoffs Are Last Resort
Romanian aluminum producer Alro Slatina (ALR.RO) Thursday said it is reconsidering all its investments and expenditure, because of the cheap energy deficit, which increased electricity costs...
Alro Considers Compensation Measures For High Energy Costs
Romanian aluminum maker Alro Slatina (ALR.RO) Thursday said it is considering options, including operations restructuring and stopping less efficient production capacities, if it is unable t...
Romanian Government OKs Hidroelectrica, Nuclearelectrica IPOs
The Romanian government Wednesday approved selling stakes of 10% in power producers Hidroelectrica and Nuclearelectrica, as per an agreement with the International Monetary Fund.
Would Shutting Down Alro Make Sense?
Statements by unionists at aluminum refinery Alro Slatina (ALR.RO) of a potential shutdown of the unit caused the company's stocks to drop almost 10% on the bourse. Management declined to co...
Hidroelectrica Terminates Bilateral Contracts With Four Companies
Romanian state-owned hydropower producer Hidroelectrica terminated all direct sale contracts it had with SNLO, Salrom and CLMB Patinoar Brasov, while Luxten Lightning ended the contract “for...
Authorities Suspend Hidroelectrica Auction Over Complaint Surge
Romanian authorities decided to suspend an auction held by hydropower producer Hidroelectrica, for a computer system in a contract worth an estimated 47.4 million lei (some EUR10 million), f...
Hidroelectrica Finishes EUR75M Power Plant
Romanian state-owned hydropower producer Hidroelectrica on Tuesday announced the completion of a hydropower plant in southern Romania, following an investment of EUR75 million.
Court Says Hidrolectrica Can Maintain Force Majeure On Energy Deliveries
The Bucharest Court of Appeals decided that state-run hydropower generator Hidroelectrica can maintain its force majeure declaration on the energy delivered to Energy Holding, Hidroelectrica...