04.23.2014

The supervisory board of Hidroelectrica, Romania’s largest energy producer that entered insolvency for the second time on February 25, has been dissolved, and none of the members appointed in early more

04.18.2014

Romania’s largest electricity generation company, Hidroelectrica, signed a EUR44,000 deal this February to have the feasibility study on the Tarnita-Lapusesti hydropower plant, a EUR1 billion more

04.14.2014

Remus Borza, head of Euro Insol, judicial administrator for Romania's insolvent power producer Hidroelectrica has appointed an IT manager for Hidroelectrica recruited from Russian group Vimetco, the more

04.11.2014

Romanian insolvent power producer Hidroelectrica has closed a RON120 million short-term credit line from Banca Transilvania, which was due on April 11, 2014, the company said in a press release more

04.08.2014

Romania’s insolvent energy producer Hidroelectrica on Tuesday sold electricity worth 153.2 million lei (EUR34.54 million) on the local power exchange OPCOM, bringing the total sum raised in the last more

04.07.2014

Romania’s insolvent energy producer Hidroelectrica sold electricity worth 105 million lei (EUR23.5 million) on the local power exchange OPCOM on April 3 and 4, the company said in a statement. more

04.04.2014

Romania’s insolvent energy producer Hidroelectrica on Friday sold electricity worth 58.46 million lei (EUR13.1 million) on the local power exchange OPCOM, exchange data showed. more

04.03.2014

Romania’s insolvent hydropower producer Hidroelectrica named Roxana Laura Panaitescu and Petronel Chiriac as the new heads of accounting and audit departments, the company announced Thursday. more

04.02.2014

Romania’s insolvent hydropower producer Hidroelectrica terminated a credit line worth 80 million lei (EUR17.93 million) granted by Alpha Bank in 2009, falling due on March 31, 2014. more

04.01.2014

Romania’s insolvent energy producer Hidroelectrica plans to sell 1.27 terawatt-hours of electricity on the local energy exchange OPCOM in a bid to raise 204.86 million lei (EUR46 million), according more

03.31.2014

Romania’s former economy minister Codrut Seres was sentenced to four years in prison Monday by the High Court of Justice for accessory to abuse of office in a case involving the defrauding of more

03.31.2014

The legal administrator of Romania’s insolvent hydropower producer Hidroelectrica named a new financial manager, namely Gabriela Mihailescu, former CFO and deputy CEO of OTP Bank, replacing Lucian more

03.27.2014

Hidroelectrica’s court appointed trustee, Remus Borza, believes the electricity producer will exit insolvency in seven to twelve months and expects the initial public offering of 15% to happen in more

03.24.2014

The legal administrator of Romania’s insolvent hydropower producer Hidroelectrica wants to replace 80% of the company's management within two months and has started by appointing Adrian Gheorghe as more

03.19.2014

Romania's insolvent state-owned hydropower generator Hidroelectrica estimates it will produce 13.9 TWh of electricity this year, 6% less than in 2013, when it produced 14.8 TWh. more

03.19.2014

Romania's state-owned hydropower generator Hidroelectrica, under insolvency, sold energy of RON13.45 million (nearly EUR3 million) on the OPCOM power exchange Tuesday to trader Fidelis Energy. more

03.17.2014

Romanian insolvent hydropower generator Hidroelectrica plans to auction 22 micro power plants in the upcoming period, the company’s legal administrator Euro Insol said Monday. more

03.14.2014

Romanian insolvent energy producer Hidroelectrica plans to sell electricity worth 102.84 million lei (EUR23 million) on the local power exchange OPCOM next week, only days after cancelling a series of more

03.12.2014

Romanian hydropower generator Hidroelectrica on Wednesday said its electricity output rose 25.4% on the year to 14.8 terawatt-hours in 2013, covering around one quarter of the domestic production. more

03.12.2014

Romanian insolvent energy producer Hidroelectrica raised just 13.54 million lei (EUR3 million) at a series of electricity auctions on the local power exchange OPCOM, well below the RON70.14 million more

03.12.2014

Hidroelectrica, Romania’s largest power generator, is again undergoing insolvency, for the second time in less than a year, and market sources say its stock market listing is almost impossible this more

03.09.2014

Romania’s Government is hoping hydropower producer Hidroelectrica will exit insolvency quickly in order to sell 15% in the company within the initial deadline set for the end of June 2014, according more

03.07.2014

Romanian investment fund Fondul Proprietatea (FP.RO), owner of a minority stake in state-run hydropower company Hidroelectrica, on Friday ruled out a possible listing of the company’s shares in more

03.06.2014

Romania’s insolvent energy producer Hidroelectrica plans to sell around 441,500 megawatt-hours of electricity on the local energy exchange OPCOM in a bid to raise 70.14 million lei (EUR15.58 more

03.04.2014

Romanian state-owned hydropower producer Hidroelectrica will spend 20,500 lei (EUR4.535) to assess the environmental impact of a hydropower plant it plans to build in Tarnita-Lapustesti (northwestern more