Hidroelectrica Terminates Electricity Sale Contract With Euro-P.E.C.

Update 06.26.2012 By Ioana Tudor , Radu Bostan

Euro Insol, the legal administrator of Romanian hydropower producer Hidroelectrica, on Tuesday will terminate the electricity sale contract signed with Galati-based firm Euro-P.E.C, which has debts of 37.8 million lei (EUR8.4 million) and has caused the producer losses of RON118.5 million.

To read the full story, please login. Not a member? Subscribe here.

Reveal Romania! Business news & views.
Find out all you need by reading the entire story
To invest in Romania, you need to find out about its opportunities.
To close a strategic partnership with a Romanian company, you need to learn about its market position and whether it is a trustworthy partner
To grow here, you need to be informed

Subscribe now
Only 50 euros/month (VAT not included)
Get access to reports, news and statistics in the main sectors of Romania’s economy. Follow the strategic moves of companies operating in Romania. We will keep you updated on the latest business events.
Contact: E: newsroom@zfenglish.com (newsroom), marketing@zfenglish.com (Marketing & PR), sales@zfenglish.com (subscriptions)
T: 0040-318.256.431 (Newsroom)
0040-318.256.158, 0040-318.256.408 (Subscriptions Department)
0040-318.256.469, 0040-318.256.470 (Advertising Sales Department)
0040-318.256.427, 0040-318.256.129 (Marketing & PR)

LOGIN / Lost password?

 
Keywords:
EUROPEC
, HIDROELECTRICA
, CONTRACT