Results 451 - 475 from 555 for "hidroelectrica"
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Report On Causes Of Insolvency For Hidroelectrica To Be Unveiled In July
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
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Hidroelectrica Terminates Electricity Sale Contract With Euro-P.E.C.
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
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Hidroelectrica To Register Negative Cash Flow In 2012
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
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Hidroelectrica Will Pay Loan Instalments - Legal Administrator
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
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Moody’s: Hidroelectrica Insolvency Filing Credit Negative For Romania
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
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Hidroelectrica Insolvency Case Reaches BNR
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
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Hidroelectrica Reorganization Won’t Entail Selling Assets, Company To Ensure Job Stability
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
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ANRE: Hidroelectrica Will Operate During Insolvency, No License Withdrawn
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
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BRD VP: Failure Of T-Bill Auction May Be Linked To Hidroelectrica Insolvency
06.20.2012
The failure of Romania's treasury bill auction earlier this week can partially be the result of the announcement of Hidroelectrica's insolvency, which kept some banks out or made them demand higher more
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Bucharest Court Approves Hidroelectrica's Insolvency
06.20.2012
The Bucharest Court on Wednesday approved the start of insolvency proceedings for Romanian hydropower producer Hidroelectrica, lawyer Remus Borza said. more
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Hidroelectrica’s Insolvency May Raise Sovereign Risk Fears - Bancpost Official
06.20.2012
The situation at hydropower producer Hidroelectrica may be regarded by foreign analysts as a warning that, since one of the largest state companies enters insolvency, Romania might witness municipal more
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Moody's Cuts Hidroelectrica's Ratings By Four Notches To B2
06.20.2012
Moody's Investors Service on Wednesday downgraded to B2 from Ba1 the long-term corporate family rating and probability of default rating of Romanian state-owned hydropower producer Hidroelectrica, and more
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Management Incompetence Turns Into National Economy Sabotage
06.20.2012
Remus Vulpescu, the lawyer appointed by Prime Minister Victor Ponta to run Hidroelectrica, the largest state-owned company, says the decision to file for insolvency was made on Friday, after the more
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Hidroelectrica's Insolvency Is Only Means To Reorganization, Not Bankruptcy – Chairman
06.19.2012
The insolvency of Hidroelectrica, Romania's largest power producer, will not end in the company's bankruptcy but its reorganization, which will last 16-18 months and will not entail the sale of any more
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Hidroelectrica's Insolvency To Cut By 21% Fondul Proprietatea’s NAV
06.19.2012
The start of insolvency proceedings at Hidroelectrica would reduce by 21% the net asset value of investment fund Fondul Proprietatea (FP.RO), which holds 20% in the Romanian hydropower producer, the more
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Sales Fall, Surging Debts Push Hidroelectrica To Request Insolvency
06.19.2012
The Managing Board of Hidroelectrica decided to request the start of insolvency proceedings as the Romanian hydropower producer registered lower sales and rising debts, the company said in a press more
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Hidroelectrica Board Members Surprised By Request For Insolvency
06.18.2012
Although Romanian hydropower producer Hidroelectrica has requested the start of insolvency proceedings, two of the five members of the company's board say they did not attend the meeting where this more
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Hidroelectrica Asks For Start Of Insolvency Proceedings
06.18.2012
Romanian hydropower producer Hidroelectrica asked the Bucharest court for the start of the insolvency proceedings, and a first hearing was scheduled for Wednesday. more
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Government Sets Up Committee For In-Depth Financial Evaluation Of Hidroelectrica
06.08.2012
Romania’s Government has set up a committee tasked with evaluating the economic and financial status of state-run hydropower generator Hidroelectrica. more
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Hidroelectrica CEO Replaced With Former CEZ Executive
06.06.2012
Dragos Zachia, chief executive officer of Romanian hydropower producer Hidroelectrica, will be replaced by Stefan Gheorghe, a former executive in the CEZ Romania group. more
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Hidrolectrica 2011 Net Profit Revised Down To RON6.4M
05.30.2012
Romanian state-run hydropower generator Hidroelectrica Wednesday revised down its 2011 net profit to 6.4 million lei (EUR1.4 million), from RON15.7 million previously, as a prolonged draught and more
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Hidroelectrica’s Power Output Halved In 1Q
05.28.2012
Drought has continued to negatively impact the turnover of Hidroelectrica, Romania’s largest energy producer, as the electricity generated by the company in the first quarter of the year was almost more
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Nuclearelectrica Cancels Auction To Select Broker For Upcoming IPO
05.17.2012
Romanian state-owned energy producer Nuclearelectrica Thursday cancelled an auction to select a broker for its planned 10% initial public offering on the Bucharest Stock Exchange, saying the more
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Franks, IMF: “Wise Guys” That Refuse To Renegotiate Energy Contracts Risk Higher Losses
05.09.2012
The “wise guys” that signed preferential contracts with hydropower producer Hidroelectrica may be fined and might have to refund the money they obtained if the investigation launched by the more
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Romania To Appoint Private Managers For State Companies By October
05.06.2012
Romania will appoint private managers to run state-owned companies by October and the first companies targeted are hydropower generator Hidroelectrica and natural gas transporter Transgaz (TGN.RO), more