02.21.2017

Ovidiu Agliceru, general manager of Romania’s state-owned hydropower producer Hidroelectrica, said that January was a difficult month for the company as Danube flow decreased, forcing the company to more

01.12.2017

Hidroelectrica, the crown jewel of Romania’s energy system, posted record gross profit of 1.5 billion lei (EUR334 million) in 2016, the year it exited insolvency, according to preliminary data from more

11.25.2016

Hidroelectrica, the largest electricity generation company in Romania, was valued at EUR2.9 billion (13.1 billion lei) this year, up 16% on 2015. The state-run company, which exited insolvency in more

11.23.2016

Romanian state-run power grid operator Transelectrica (TEL.RO) has signed a contract of RON2.1 million with state-owned hydropower producer Hidroelectrica for the purchase of electricity on the more

11.10.2016

Romania’s state-owned hydropower producer Hidroelectrica reported a gross profit of RON1.133 billion in the first nine months of 2016, up 29% versus the year-earlier period, the company said in a more

10.13.2016

Romania’s state-owned hydropower producer Hidroelectrica expects a profit of RON1.13 billion for the first nine months of the year, 30% higher than in the same period last year, the company said more

09.01.2016

Romania’s state-owned hydropower producer Hidroelectrica, which underwent a restructuring process during insolvency, expects to end the first eight months of 2016 with a gross profit of over RON1 more

08.17.2016

Romania’s state-owned hydropower producer Hidroelectrica, which underwent a restructuring process during insolvency, became the most profitable local company by the gross profit margin posted in the more

06.21.2016

The Bucharest Court on Tuesday ruled on the exit from insolvency of Romania’s state-owned hydropower producer Hidroelectrica after a four-year insolvency process during which the company’s more

06.21.2016

The Energy Ministry must speed up the appointment of a new Supervisory Board at hydropower producer Hidroelectrica and subsequently appoint a professional executive management team, said Greg more

06.21.2016

Romanian state-owned hydropower producer Hidroelectrica won a contract worth nearly RON39 million for supplying electric power to Bucharest public transport company RATB, after having recently signed more

06.08.2016

Romanian state-owned hydropower producer Hidroelectrica reported a turnover of RON1.29 billion in January-May, down 18% compared with the same period a year earlier, the company said in a statement on more

05.06.2016

The listing of Romanian state-owned hydropower producer Hidroelectrica on Bucharest Stock Exchange (BVB) is crucial for the upgrade of the stock market from frontier market to emerging market status, more

04.26.2016

State-owned power producer Hidroelectrica won the suit with energy trader Alpiq Romindustries and will not pay damages worth RON398 million for the decision of Hidroelectrica’s legal administrator more

04.04.2016

Romania's state-owned hydropower producer Hidroelectrica, undergoing insolvency, on Monday said it would put up for sale, through open outcry auctions, the last lot of 20 micro hydropower plants, at a more

03.30.2016

Energy Holding, a business built on strong political connections, which benefited from the cheapest electricity in Romania for a decade and had a client list that included Romania’s largest more

03.21.2016

Romanian state-owned hydropower producer Hidroelectrica on Monday said it won two lawsuits, in which energy traders Energy Holding and EFT AG asked for damages of RON102 million, after the Bucharest more

02.23.2016

Romania’s insolvent state-owned power producer Hidroelectrica might register a gross profit of RON1.3 billion in 2016, which would be the best result ever recorded by the company, compared with more

01.25.2016

Romania’s insolvent state-owned power producer Hidroelectrica on Monday said it posted a pre-tax profit of RON1.1 billion (EUR248 million) in 2015, slightly lower than in 2014, but it also reported more

01.11.2016

The Competition Council fined Hidroelectrica and 10 partner firms, mainly energy traders, a total RON165.8 million (EUR37 million), for concluding anti-competitive agreements on the energy production more

01.05.2016

Hydropower producer Hidroelectrica, the most valuable state-owned company in Romania, managed to keep its gross profit above the one billion lei (EUR221 million) mark last year, despite a decline in more

12.14.2015

Romanian state-owned power producer Hidroelectrica on Monday said it bought, through public auction, an Enterprise Resource Planning (ERP) system for EUR1.7 million. more

11.13.2015

The Bucharest Court of Appeals rejected the appeal filed by energy trader Energy Holding against the termination of the energy contract concluded with state-owned power producer Hidroelectrica, and more

11.02.2015

Romanian property restitution fund Fondul Proprietatea (FP.RO) is considering selling stock in state-owned power company Hidroelectrica before its listing but it's not the Fund's preferred scenario, more

10.07.2015

Romania's state owned hydropower producer Hidroelectrica, undergoing insolvency, has put up for sale 31 micro hydropower plants, for RON70 million (EUR15.8 million), 20% lower than the price asked at more