Results 451 - 475 from 547 for "hidroelectrica"
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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
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ArcelorMittal, Alro Say No State Aid Under Hidrolectrica Energy Deals
04.25.2012
Steel giant ArcelorMittal Wednesday said its contracts signed with Romania’s power producer Hidrolectrica under which it bought energy at below-market prices do not constitute state aid. more
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EU Launches In-Depth Probe Into Preferential Tariffs At Hidrolectrica
04.25.2012
The European Commission has opened five distinct in-depth investigations to assess whether the Romanian state-controlled hydropower producer Hidroelectrica S.A. purchased or sold electricity at more
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Hidrolectrica To Lift Force Majeure On Power Deliveries May 1
04.24.2012
Romanian state-run hydropower generator Hidrolectrica will deactivate a force majeure on energy deliveries May 1, the Economy Ministry said in a statement Tuesday. more
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Drought-Hit Hidroelectrica Supplies Over 40% Of Romania Power Output
04.24.2012
Romania’s state-run hydropower generator Hidroelectrica is covering over 40% of the national energy production, despite operating at half capacity, according to data from the power grid operator more
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Hidroelectrica To Cancel Large Batch Of Underpriced Deals Next Week - Sources
04.20.2012
Romanian state-run hydropower producer Hidroelectrica will likely terminate most of its controversial underpriced corporate supply contracts signed in the early 2000s, people familiar with the matter more
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Hidroelectrica Tries To Woo Investors With Less Than EUR10M Profit Ahead Of Listing
04.17.2012
Hidroelectrica, Romania’s largest energy producer budgeted 42.4 million (EUR9.7 million) net profit for this year, a five-fold increase on the profit of 2011, a really hard time for the company more
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“Wise Guy” Deal Renegotiations Near Completion – Government Spokesman
04.11.2012
Negotiations for the reevaluation of bilateral contracts concluded by state-owned power producer Hidroelectrica are nearing completion, and the result will be announced “soon after Easter”, more
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BRD-Led Consortium To Broker Hidrolectrica’s IPO
04.02.2012
Romanian Economy Ministry has selected a consortium comprising BRD, Citigroup, Societe Generale and Intercapital Invest to broker the sale of a 10% stake in state-run hydropower generator more