The decision was made by the Bucharest Court on Thursday (July 28).
Established in 1971, Romelectro carried out design and engineering works for over 15,000 MW in conventional power plants (hydro, coal, gas) and nuclear, which accounts for almost 80% of the total capacity installed in Romania.
Romelectro went insolvent in February 2022 after defaulting on a RON227 million debt.
In summer 2012, Euro Insol was appointed judicial liquidator of Hidroelectrica, one of the largest power companies in Romania which exited insolvency in 2016.