TERMOELECTRICA
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Termoelectrica Received No Bids For Borzesti Power Plant, Assessed At EUR22M
Musat & Asociatii-Restructuring & Isolvency, the liquidator of state-owned energy company Termoelectrica, has not received any bids for the Borzesti thermal power plant it planned to sell at an outcry auction on August 20.
Termoelectrica To Auction Borzesti Power Plant At RON97M Starting Price
Romanian state-run energy company Termoelectrica plans to sell its Borzesti thermal power plant at an outcry auction due August 20, the company’s liquidator said Wednesday.
Termoelectrica Sells Doicesti Power Plant, Other Assets For RON61M
Romania’s state-run energy company Termoelectrica has sold several assets, including its thermal power plant in Doicesti, to European Energy Communications SRL for 60.89 million lei (EUR13.8...
Electrocentrale Group Up And Running By End September - Termoelectrica
Romania’s planned energy company Electrocentrale Group will be operational by the end of September, state-run power producer Termoelectrica said in a statement Wednesday.
State-Run Companies Go From Losses Of EUR500M To Profits Of EUR300M
The turnovers of the 33 largest companies controlled by the Romanian state, whether they operate in energy, transport or natural resources, last year exceeded EUR10 billion.
Termoelectrica To Lay Off 500 Staff
Romania's Government has approved a program of collective layoffs for 500 employees of power producer Termoelectrica, with the first stage, during which 200 staff will be sacked, to begin in...
State-Owned Energy Companies Post Record-High Results
The largest 15 companies controlled by the Economy Ministry posted 23 billion lei (EUR5.3 billion) in revenue last year, up 15% on 2010. The highest increases were those of the energy comple...
Termoelectrica Makes Ninth Attempt To Sell Oradea II Unit
Romanian state-run power producer Termoelectrica plans to auction off its thermal plant Oradea II and is asking for 221.7 million lei (EUR51.38 million), the company said Wednesday.
Termoelectrica To Lay Off 300 Employees
State-owned thermal power producer Termoelectrica will lay off 300 employees from two branches, under a restructuring plan approved by shareholders on June 16.