Ciprian Ciucu speeds up merger between ELCEN and Termoenergetica
The Mayor of the Capital, Ciprian Ciucu, announced on Wednesday that the main priority is the establishment of a centralized…
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CEC and Exim finance the Titan CHP project with 289 mln. lei
The Energy Share Management Company – SAPE S.A. and Titan Power S.A. signed the financing contract of approximately 289 million…
Priorities of new Energy Minister Bogdan Ivan (PSD)
At the age of 34, Bogdan Ivan takes the helm of the Ministry of Energy, responsible for one of the…
Ministry of Energy officially notified the Capital City Hall regarding the need of an ELCEN-Termoenergetica merger
The Ministry of Energy has officially notified the Capital City Hall regarding the proposed merger between Societatea Electrocentrale Bucureşti SA…
Gov’t signed the 140 mln. euro contract for the modernization of the Râmnicu Vâlcea thermal system
Prime Minister Marcel Ciolacu attended, on Thursday, at the Victoria Palace, the signing of the financing contract for the modernization,…
CITR: Turnaround plan for Electrocentrale Constanța, confirmed by Court
The reorganization plan proposed by CITR for the insolvent company Electrocentrale Constanța SA was confirmed by the syndic judge on…
Elcen ordered the full payment of the sums of money owed to the creditors
Sierra Quadrant, Elcen’s judicial administrator, on Thursday ordered the full payment of the money owed to the company’s creditors. The…
ANRE did not approve the local price of the thermal energy supplied by SACET Bucharest
ANRE contradicts the statements of Gabriela Firea, former mayor and current Minister of the Family, according to which it would…
Thermoenergetica – first step towards taking over Elcen
Termoenergetica București, the company subordinated to the Capital City Hall that deals with the distribution and supply of thermal energy…
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…
The declining number of consumers determines the decrease of the efficiency of the centralized heating system
The low volume of investments and repairs in the infrastructure of the Centralized Heat Supply System (SACET) leads to lack…
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…
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 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 creditors adopted the restructuring plan, the City Hall move is now expected
ELCEN creditors have adopted on Monday the plan to reorganize the company, giving a green light to the restructuring of…
Bucharest City councilors approved the capital increase at Energetica and new subsidies for RADET
Municipal councilors have approved on Thursday the capital increase at Energetica and new subsidies for RADET, sources from the General…
Oradea is the only city in Romania where the number of SACET clients is increasing
Oradea City Hall shall continue this year the project for the rehabilitation of the heating network by replacing 23 kilometers…
Calota, ANRE: Romania needs an action plan against energy poverty
Romania needs an action plan against energy poverty, since about 47% of the population still use largely wood and coal…
RADET management plan, approved in ad-hoc meeting
Management Plan of the Board of RADET was approved by the General Council of Bucharest Municipality (General Council), Tuesday, in…