07.24.2012

Swiss electricity supplier Alpiq said it will review its business in Romania after state-owned hydropower producer Hidroelectrica terminated the direct sale energy deals signed with its local more

07.24.2012

The problems that disrupted the functioning of Romanian insolvent hydropower producer Hidroelectrica will be removed and the company will get back to normal by this fall, Prime Minister Victor Ponta more

07.24.2012

Romania insolvent state-owned energy producer Hidroelectrica and Energy Holding have agreed Monday on the price of the contract, but Hidroelectrica’s representative also aim to cut the duration of more

07.20.2012

Romanian Economy Minister Daniel Chitoiu Friday said insolvent power producer Hidrolectrica terminated two more bilateral electricity deals concluded with Alpiq RomIndustries and Alpiq RomEnergie, more

07.19.2012

Romanian Economy Minister Daniel Chitoiu on Thursday ensured the country’s Supreme Defense Body that no asset belonging to insolvent hydropower producer Hidroelectrica will be sold otherwise than as more

07.19.2012

Romania’s insolvent energy producer Hidroelectrica has sold 24,480 megawatts of electricity on the local energy exchange OPCOM for a total of 6.2 million lei (EUR1.3 million), the company said in a more

07.19.2012

Romania’s Supreme Defense Council assembles Thursday to discuss the suicide bomber attack that occurred Wednesday on a Bulgarian airport and the legal situation of insolvent state-owned electricity more

07.16.2012

Energy Holding, one of the most profitable private energy traders, ended 2011 in the red, after having made hefty profits from selling the cheap electricity it got from state-owned hydropower producer more

07.12.2012

ArcelorMittal Galati, a unit of steel giant ArcelorMittal, Thursday said its electricity contracts with Romanian state-run hydropower generator Hidroelectrica comply with the local legislation, more

07.11.2012

The administrators of Romanian state-owned power producer Hidroelectrica and aluminum producer Alro Slatina (ALR.RO) on Tuesday failed to reach an agreement regarding a direct energy sale contract the more

07.11.2012

Romania’s largest insolvency, that of energy producer Hidroelectrica, is proving an increasingly tough mission, since the company could again use the force majeure clause because of the drought. more

07.09.2012

Romanian state-owned hydropower producer Hidroelectrica has asked Romania’s National Regulatory Authority for Energy ANRE to approve a 74% increase of prices for electricity sold under regulated more

07.06.2012

The administrators of Romanian state-owned power producer Hidroelectrica, which is insolvent, will continue to renegotiate the company's direct energy sale contract with EFT until July 16, as Friday more

07.06.2012

The European Commission has started an official inquiry into possible preferential tariffs at Romanian state-run power company Hidrolectrica after preliminary findings revealed two of the company’s more

07.05.2012

Romanian state-owned power producer Hidroelectrica would have entered insolvency for further liquidation in a halfyear period, even if the measure had not been enforced for further restructuring, more

07.05.2012

While the Romanian state’s most valuable asset, Hidroelectrica, is insolvent, companies that buy energy at below market prices and sell it on make significant profits, ending up with turnovers of more

07.04.2012

The administrators of Romanian state-owned power producer Hidroelectrica, which is insolvent, will renegotiate the company's direct energy sale contract with EFT on Friday, and then with Alro Slatina more

07.01.2012

Romanian hydropower producer Hidroelectrica’ filing for insolvency was a "shocking” and “historical” decision and a report on what caused the company to end up in this situation will be more

06.26.2012

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 more

06.25.2012

Romanian state-owned hydropower producer Hidroelectrica, that entered insolvency last week, forecasts a negative cash flow of 1.4 billion lei (EUR310 million) for the whole of 2012, according to a more

06.25.2012

Romanian hydropower producer Hidroelectrica can pay its debts towards the banks, although the state-owned company has started insolvency proceedings, the company's legal administrator told MEDIAFAX. more

06.25.2012

Romanian Hidrolectrica’s unexpected insolvency is creating negative pressure on sovereign credit ratings because the government might have to cover at least part of the debt owed by the state-run more

06.25.2012

Hidroelectrica’s creditors and its court-appointed administrator are due to discuss the impact of the shocking insolvency of Romania’s most valuable state-run company at the central bank’s more

06.23.2012

The reorganization of Romanian state-owned hydropower producer Hidroelectrica, which entered insolvency Wednesday, will target economic mechanisms and will not entail selling assets, according to an more

06.21.2012

Romania’s energy regulator ANRE Thursday said it will not cancel or withdraw any authorization or license held by state-owned hydropower producer Hidroelectrica, which entered insolvency Wednesday. more