insolventa
Hidroelectrica closes another credit facility and continues to pay its debt
Hidroelectrica closed a credit line of 120 million lei from Banca Transilvania which was expiring on April 11, 2014, and…
Hidroelectrica’s debt shrunk by 330 million euro since 2012
Hidroelectrica has paid 330 million euros to its financing banks from the moment the insolvency procedure started on 20 June…
Oltchim privatization failed again
No investor of the four who have purchased the tender presentation for Oltchim has submitted a tender to purchase the…
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…
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…
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…
Corneliu Cernev, Oltchim union leader: The Government wants a takeover of Arpechim refinery this March
Oltchim’s Victoria union leader, Corneliu Cernev, told Agerpres that the government wants to take over Arpechim Pitești refinery by a…
The creditors approved the plan to reorganize the Independent Operator of Nuclear Activities
The creditors of the Independent Operator of Nuclear Activities (RAAN has approved the plans for the reorganization of this strategic…
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…
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…
