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FP Erases RON760M From CE Oltenia Stock Value In One Year, Sees Hidroelectrica As 5% More Valuable
12.11.2014
Hidroelectrica and Complexul Energetic Oltenia, Romania’s largest energy producers, are preparing to be floated on the stock market. However, the two companies, which supply half of the country’s electricity together, have completely opposite outlooks. While the former produces cheaply and is profitable, the latter produces at high costs and has losses on a market where buyers rule.
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