New Energy Company Prepares To Join Billionaires Club

02.18.2013 By Roxana Petrescu

State-run energy company Complexul Energetic Oltenia, which was created last summer by the merger of major thermal power stations in Oltenia (S Romania) with the coal mines managed by Societatea Nationala a Lignitului Oltenia mining company, has budgeted a turnover of 4.1 billion lei (around EUR936 million) for this year, being one step away from joining the select club of companies with a turnover of over EUR1 billion in Romania.

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