Hidroelectrica's Insolvency Is Only Means To Reorganization, Not Bankruptcy – Chairman

06.19.2012 By Radu Bostan

The insolvency of Hidroelectrica, Romania's largest power producer, will not end in the company's bankruptcy but its reorganization, which will last 16-18 months and will not entail the sale of any assets or closing of any hydropower plants, said Remus Vulpescu, chairman of the board.

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Keywords:
HIDROELECTRICA
, INSOLVENCY
,