Hidroelectrica restructured before privatization, 80% of management changed
###author### Hidroelectrica`s insolvency manager wants to change 80% of management in the next two months , the first move being…
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What big power producers sold their energy on the power exchange this week
The most recent important sale on the Centralized Market for Bilateral Contracts (CMBC), one of the two significant trading platforms…
Government approved Turnu Magurele- Nikopol hydropower project of 400 MW
The government approved on Thursday the formation of a joint project company for the development of the Romanian-Bulgarian Danube hydropower…
Two power trading companies lost their appeal against Hidroelectrica
Bucharest Appeal Court dismissed irrevocably the appeals of EFT AG and EFT Romania which they had made against Hidroelectrica measure…
FP: Tarnita and the submarine cable insufficiently founded, Romgaz delays participation
###author### Franklin Templeton, the manager of Fondul Proprietatea (FP) considers that Tarnita and the Romania – Turkey submarine power cable…
Hidroelectrica will try to sell 22 small hydropower units
Hydrelectrica plans to put up for sale a total of 22 small hydropower units and 3,200 square meters of land…
PDL lay down in Parliament a simple motion on energy
Chamber of Deputies debate s Monday at 16:00 the simple motion on energy initiated by PDL (Liberal-Democratic Party), which will…
Public debate for the Romanian national energy strategy
The new Minister for Energy, Razvan Nicolescu, launched a public debate on the development of the national energy strategy of…
Large Dams Cost Double Original Budget, Oxford Researchers Say
Large dams run 96 percent over budget on average, according to a University of Oxford study based on projects in…
Government presents IMF an unrealistic term for Hidroelectrica`s IPO
###author### The last scenario of the government’s 15% stake listing of Hidroelectrica is overly optimistic or unrealistic, as it presents…
FP`s SPO in London by the year-end, the Fund sells shares in Petrom and Conpet
###author### Fondul Proprietatea (FP) will have its SPO (secondary public offering) on the London Stock Exchange (LSE) by the end…
CIR demands the natural gas ”basket” removal for the eligible consumers
###author### More than 96% of the gas import quota is ensured by industrial consumers, a fact that led to a…
The court battles that put Hidroelectrica back into insolvency
Hidroelectrica is back in insolvency after the Appeal Court upheld the appeal by Alpiq RomEnergie, Alpiq RomIndustries, Energy Holding AG…
Increased revenues for CEZ Romania, but its earnings fell by 20%
CEZ Romania revenues rose last year by 6% to 427.3 million euros, while its operating profit decreased by 20%, Mediafax…
Hidroelectrica is back in insolvency
Hidroelectrica reenters insolvency after several energy traders have won their appeals in the Bucharest Court of Appeal. The energy traders…
