07.11.2013

Lawyer Remus Borza has been appointed president of the Supervisory Board of Romanian state-owned hydropower producer Hidrolectrica. more

07.08.2013

Romania’s largest power producer Hidroelectrica Monday reported a record first-half profit of 481 million lei (EUR109.5 million) from losses in the year-earlier period, boosted by higher revenue more

07.03.2013

Romanian state-owned hydropower producer Hidroelectrica prolonged until July 11 the deadline to file bids for auctions to sell 25 micro-hydro facilities at a starting price of 73.6 million lei more

07.01.2013

Romania’s state-owned hydropower producer Hidroelectrica on Monday said its electricity production was higher on the year in June and above the monthly average of the last 17 years. more

06.27.2013

The Bucharest Court decided insolvent state-owned hydropower producer Hidroelectrica may exit insolvency. more

06.19.2013

Romania’s largest power producer Hidroelectrica will most likely complete its insolvency process by the end of next week, following the approval of the company’s reorganization program by its more

06.18.2013

The creditors of Romanian insolvent state-owned hydropower producer Hidroelectrica approved the reorganization plan of the company Tuesday. more

06.12.2013

Romanian insolvent state-owned hydropower producer Hidroelectrica will organize an international auction early July to sell 25 micro-hydro facilities at a starting price of 73.6 million lei (EUR16.6 more

06.11.2013

Romanian insolvent state-owned hydropower producer Hidroelectrica must release water at its power station Portile de Fier 2, as the Danube River flow exceeds the power station’s technical capacity, more

06.06.2013

Romanian state-run power producer Hidroelectrica is likely to complete its insolvency process by the end of June, after the Bucharest Court rejected the last appeal filed by Alpiq RomIndustries, one more

06.05.2013

Romania’s insolvent state-run power producer Hidroelectrica has been restructured and downsized to seven out of 13 branches, and will cut 300 jobs, lowering the company’s spending on salaries by more

05.29.2013

Romanian Energy Minister Constantin Nita Wednesday said that state-run power producer Hidroelectrica will likely complete its insolvency process by July 1, one year after having declared bankruptcy. more

05.22.2013

Traian Oprea, former general manager of Romanian state-owned hydropower producer Hidroelectrica, was dismissed Tuesday from the position of engineer at the company alongside 303 employees. more

05.14.2013

Romanian insolvent state-owned hydropower producer Hidroelectrica will put up for sales 88 of its 160 micro-hydro facilities starting June, the company said Tuesday. more

05.14.2013

Energy Holding, one of the major electricity traders in Romania, posted about 643 million lei (EUR149 million) revenue last year, down 14% on 2011, after losing access to its cheapest source of more

04.19.2013

Romanian state-owned hydropower producer Hidroelectrica will organize an auction at the beginning of June to acquire telecommunications services. more

04.17.2013

Romanian state-run hydropower generator Hidroelectrica Wednesday reported a pretax profit of 144 million lei (EUR32.97 million) for the first quarter and said it expects a record full-year profit of more

04.01.2013

Romanian state-run hydropower producer Hidroelectrica will assign 9.5 million lei (EUR2.1 million) to expropiate dwellings over three localities in the northern county of Mures, required to complete a more

03.22.2013

Romanian state-run hydropower producer Hidroelectrica has received 472 applications for manager positions at the company in the first day of a private manager selection process. more

03.22.2013

Major state-run energy producer Hidroelectrica has moved from monthly losses of EUR50 million to a profit of EUR10 million last month, shows a report on the company’s financial performance published more

03.21.2013

Romanian power producer Hidroelectrica Friday sold electricity worth 53.69 million lei (EUR12.12 million) on the local energy exchange OPCOM, the company said in a statement. more

03.07.2013

Euro Insol, the legal administrator of Romania’s insolvent power producer Hidroelectrica, will start Friday a layoff program targeting 600 employees with the company’s service and maintenance more

03.07.2013

Romania’s insolvent power producer Hidroelectrica will launch a campaign next week to select 67 private managers, the company’s legal administrator Euro Insol said Thursday. more

02.28.2013

Romanian government will reorganize the state-owned energy companies planning to set up two or three powerful companies able to compete at regional level, minister-delegate for energy Constantin Nita more

02.27.2013

Romanian energy producer Hidroelectrica won’t exit insolvency procedure and enter a two-three years reorganization plan June 26 unless it is able to sell its micro-power plants, Remus Borza, head of more