01.17.2013

Romanian power producer Hidroelectrica estimates it will swing to a net profit of 430 million lei (EUR99.2 million) in 2013, versus losses a year earlier, the company’s legal administrator Euro more

01.17.2013

The managers of Romanian insolvent power producer Hidroelectrica have been dismissed from their positions Thursday as part of a larger reorganization process, Hidroelectrica’s legal administrator more

01.17.2013

Romanian insolvent energy producer Hidroelectrica has given notice of termination of employment to 154 staff and slashed another 161 vacant positions as part of a reorganization program aimed at more

01.10.2013

Romania’s insolvent power producer Hidroelectrica Thursday said it leased 3,200 square meters in the office building Tower Center International in Bucharest's Victoriei Square, being the first more

12.19.2012

The Bucharest Court ruled against state-run energy producer Nuclearelectrica on December 17 in a suit against hydropower producer Hidroelectrica, in which it demanded penalties of 41 million lei more

12.18.2012

Romania’s insolvent power producer Hidroelectrica Tuesday sold 108.4 million lei (EUR24.3 million) worth of electricity on the local market OPCOM, the company said in a statement. more

12.18.2012

Romania’s insolvent power producer Hidroelectrica has obtained a significant debt reduction from one its main creditors, the Voith Hydro-Andritz Hydro German-Austrian consortium, the energy more

12.17.2012

Romania’s insolvent energy producer Hidroelectrica estimates it will raise EUR6 million from selling greenhouse gas allowances power companies can use to offset their emissions. more

12.13.2012

Romanian insolvent energy producer Hidroelectrica plans to invest EUR130 million in several micro-hydropower plants by 2016 to diversify its revenue sources, the company’s designated administrator more

12.11.2012

Romania’s insolvent energy producer Hidroelectrica resumed the international bid for the technological upgrade of Stejaru plant in the northeastern county of Neamt, a project of EUR110 million more

12.11.2012

Romania’s insolvent energy producer Hidroelectrica plans to sell 482,000 megawatt-hours of electricity on the local energy exchange OPCOM in a bid to raise 106 million lei (EUR23.4 million), more

12.03.2012

Romanian state-owned hydropower producer Hidrolectrica lifted its force majeure on electricity delivery on December 1, as hydrological conditions have improved, the company’s court-appointed more

11.20.2012

Romanian insolvent energy producer Hidroelectrica plans to invest around EUR200 million in seven hydropower plants in 2013 and to start construction of several solar and wind parks, whose costs are more

11.19.2012

Romanian power producer Hidroelectrica Monday sold electricity worth 9.6 million lei (EUR2.1 million) on the local energy exchange OPCOM at a price of RON220.2 per MWh. more

11.16.2012

Romanian power producer Hidroelectrica Friday sold electricity worth 35.6 million lei (EUR7.8 million) on the local energy exchange OPCOM, after having raised roughly RON220 million at several more

11.16.2012

Money has been sucked out of Hidroelectrica through 500 overvalued commercial contracts, and the company’s ten contracts for selling electricity were only the tip of the iceberg. more

11.15.2012

Romania’s insolvent power producer Hidroelectrica Thursday sold 101.6 million lei (EUR22.4 million) worth of electricity on the local market OPCOM, energy exchange data showed. more

11.14.2012

Romania’s insolvent power producer Hidroelectrica Wednesday sold 118.1 million lei (EUR26 million) worth of electricity on the local market OPCOM, energy exchange data showed. more

11.08.2012

Romania’s insolvent power producer Hidroelectrica has rescheduled for November 14-20 a series of electricity auctions in a bid to raise 391 million lei (EUR86.7 million), while renouncing a more

11.08.2012

Romanian state-run hydropower producer Hidroelectrica will complete its insolvency process by the end of the year, Prime Minister Victor Ponta said Thursday. more

11.02.2012

Romania’s insolvent power company Hidroelectrica has raised just 24.8 million lei (EUR5.4 million) at its electricity auctions this week, well below target, after it was forced to cancel a batch of more

10.31.2012

Romania’s insolvent energy producer Hidroelectrica has cancelled over a dozen auctions to sell electricity on the OPCOM exchange market Tuesday and Wednesday, due to lack of interest. more

10.30.2012

Romania’s insolvent energy producer Hidroelectrica attempt to sell electricity on the local energy exchange OPCOM was unsuccessful, as four of the six auctions held Tuesday were annulled on lack of more

10.23.2012

Romania’s insolvent energy producer Hidroelectrica plans to sell 1.7 terawatts of electricity on the local energy exchange OPCOM for a total of EUR82 million, according to OPCOM data. more

10.18.2012

The Bucharest Court of Appeals on Thursday rejected a request to annul insolvency proceedings at Romania’s top energy producer Hidroelectrica. more