Cîţu: Elcen and Termoenergetica will go out of insolvency by the end of December
Elcen and Termoenergetica will go out of insolvency by the end of December, said the Minister of Public Finance, Florin…
Virgil Popescu: Elcen submitted 3 projects for the modernization of power plants; these will lower the price of a GC
Elcen has submitted three projects to modernize and increase the efficiency of the Progresu, CET West and CET Sud power…
Cîţu: We found solutions to get Elcen out of insolvency
The Minister of Public Finance, Florin Cîţu, announced on Thursday that solutions have been found to remove Elcen from insolvency,…
Fast transformation for the utilities sector hampered by low-visibility environment
Once again, for the fourth year in a row, Energynomics organized its conference dedicated to utility companies in Romania –…
ELCEN: Works on the Capital’s district heating network will start next spring
Bogdan Tudorache The works on the capital’s district heating network will start in the spring of next year, following the…
Minister of Finance: Bucharest City Hall has debts to Elcen and RADET of 837 mln. lei
The total revenues of the Bucharest City Hall this year were of 3.4-3.5 billion lei, and in September the revenues…
ELCEN denies the allegations raised by Gabriela Firea
Bogdan Tudorache ELCEN denies the accusations of the former mayor of the Capital, Gabriela Firea, according to which the hot…
Romgaz analyzes the takeover of ELCEN CHPs
Romgaz analyzes the takeover of four thermal power plants of Electrocentrale București (ELCEN), the largest producer of thermal energy for…
ELCEN paid Romgaz gas with Tax debt
On August 6, Elcen concluded a contract with the gas producer Romgaz by which it assigned a debt of 50…
ELCEN is considering requesting the insolvency of Termoenergetica
ELCEN is analyzing all the legal options for the recovery of the debts owed to it by the Municipal thermal…
Sierra Quadrant: Government needs to take a quick decision about ELCEN
Bogdan Tudorache The syndic judge of the Bucharest Tribunal confirmed the modified reorganization plan of ELCEN. After this decision, the…
ELCEN: The inhabitants of the Capital do not have hot water at optimal standards due to the large losses in the Thermoenergetica pipes
The inhabitants of the Capital do not have hot water or the supply is deficient due to the big losses…
ELCEN has 400 million lei worth bad debts from Termoenergetica; it has already gone to court
In the few months since taking over the operation of the district heating network in Bucharest, TERMOENERGETICA has accumulated debts…
ELCEN: The Mayor of the Capital sends false information regarding the activity of the company
The general mayor of Bucharest, Gabriela Firea, transmitted false, unverified and unfounded information about the activity of ELCEN and ”we…
New ELCEN reorganization plan, approved by the Creditors’ Assembly
Bogdan Tudorache The ELCEN creditors’ meeting approved on Tuesday the new reorganization plan, with the vote of over 98% of…
ELCEN’s operational activity of is not affected by Coronavirus
Considering the situation created at national level as a result of the spread of COVID-19 virus, as well as the…
Burghiu, Termoenergetica: We reduced the debt to 8-9 million lei
Bogdan Tudorache Termoenergetica has paid most of the outstanding debts to ELCEN, told energynomics.ro, Alexandru Burghiu, the administrator of Termoenergetica.…
ELCEN: There has been no exceeding of emission limits
ELCEN transparently and justifiably rejects any biased statements that link the level of excessive pollution recorded in Bucharest on the…
Elcen: The City Hall should pay the subsidy on time
The representatives of Electrocentrale Bucureşti (Elcen) argue that the City Hall should pay the subsidy on time, instead of trying…
Termoenergetica has overdue debts and will pay penalties
Bogdan Tudorache On March 2, Termoenergetica, the new operator of the district heating network in Bucharest, which took over from…
ELCEN’s assets could be sold to any private investor
Bogdan Tudorache Sierra Quadrant, the judicial administrator of ELCEN, registered with the Bucharest Court the modified plan for the reorganization…
ELCEN: PMB is trying to blame us for thermal power failures
Termoenergetica suffered a major breakdown on Friday evening at 22:40. During the night, coordinated technical maneuvers were carried out by…
ELCEN: City Hall and Termoenergetica do not fulfill their payment obligations
Bucharest City Hall (PMB) and Termoenergetica do not honor their payment obligations assumed although there is money available, a statement…