RADET
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ELCEN Reports RON165M Gross Profit in 1H 2017
State-run electricity and thermal power producer Electrocentrale Bucuresti (ELCEN), insolvent since October 2016, recorded a gross operating profit of RON165 million in the first six months of 2017, the company said in a statement Wednesday.
Heating Distributor RADET Asks For Insolvency
Heating distributor RADET, in charge with heating supply in capital Bucharest, wants to enter insolvency, as its debts to state-run electricity and thermal power producer Electrocentrale Buc...
ELCEN: Romgaz Has Not Ceased Gas Supplies
Gas producer Romgaz has not ceased natural gas supplies to state-run electricity and thermal power producer Electrocentrale Bucuresti (ELCEN), but sent a warning that it will do so unless th...
Heating Distributor RADET Wants To Become Commercial Company
The board of directors of heating distributor RADET approved the documents for turning the company into commercial company, RADET said in a statement Thursday.
ELCEN In Talks With RADET On Debt Rescheduling
State-run electricity and thermal power producer Electrocentrale Bucuresti (ELCEN) is in talks with heating distributor RADET to close a debt rescheduling protocol for a ten-year period, on...
Authorities Mull Transferring Part of ELCEN To Bucharest City Hall Or A Debt-Free RADET 2
Romanian authorities consider transferring part of state-run electricity and thermal power producer Electrocentrale Bucuresti (ELCEN) to Bucharest City hall or the bankruptcy of heating dist...
ANRE Official: RADET Won’t Become Efficient Under Current Structure
The merger between state-run electricity and thermal power producer Electrocentrale Bucuresti (ELCEN) and heating distributor RADET won’t "miraculously" solve all the problems, Emil Calota,...
ELCEN Completes Assets Transfer Ahead Of Merger With RADET
The splitting of state-run electricity and thermal power producer Electrocentrale Bucuresti (ELCEN) was completed Tuesday, after part of the assets were transferred to two newly-established...
ELCEN Transfers Assets To 2 New Companies Ahead Of Merger With RADET
State-run electricity and thermal power producer Electrocentrale Bucuresti (ELCEN) will be split and will transfer part of the assets to two newly-established companies, Electrocentrale Cons...