02.24.2015

Romania should offer a stake of 20% or 25% in the initial public offering of hydropower generator Hidroelectrica instead of its planned 15%, said former privatizations chief Gabriel Dumitrascu, adding more

02.23.2015

Romanian state-owned hydropower producer Hidroelectrica posted a record gross profit of RON140 million in January, double compared to January 2014, the company said in a statement Monday. more

02.17.2015

The dam of hydroelectric power station Portile de Fier I (Iron Gate I) poses no threat whatsoever to power groups or people’s safety, Romanian state-owned hydropower producer Hidroelectrica said in more

02.12.2015

Romanian state-owned hydropower producer Hidroelectrica signed three contracts for the supply of electricity to Hungary throughout 2015 and plans to sell 80-90 micro power plants this year, assessed more

01.26.2015

Romanian state-owned hydropower producer Hidroelectrica had a record turnover of RON3.4 billion (EUR765.7 million) last year, 10.3% higher than in 2013, and a profit of RON1.2 billion (EUR270 more

01.19.2015

Romania's state owned hydropower producer Hidroelectrica, undergoing insolvency, will hold an auction in February to sell 33 of its remaining 128 micro power plants, at a starting price of RON84.7 more

12.30.2014

Romania's largest electricity generation company Hidroelectrica might go public in the first half of 2015, after having had to postpone its initial public offering scheduled for June 2014 due to the more

12.12.2014

Romania’s largest electricity producer is in talks to buy some hydropower plants in the neighboring countries, Remus Borza, the court-appointed trustee of the insolvent company, announced on more

12.11.2014

Hidroelectrica and Complexul Energetic Oltenia, Romania’s largest energy producers, are preparing to be floated on the stock market. However, the two companies, which supply half of the country’s more

11.12.2014

Romanian state-owned hydropower producer Hidroelectrica estimates a record high profit for 2014, at around 1.1 billion lei (almost EUR250 million), the company said in a statement Wednesday. more

10.15.2014

Romanian energy producer Hidroelectrica, the country’s biggest, in the first nine months of this year generated gross profit worth 817 million lei (EUR185 million), up 20% from the year earlier more

09.29.2014

Swiss energy company EFT, part of British group EFT, has sued Romanian power producer Hidroelectrica at the Court of Arbitration in Bern, Switzerland, claiming EUR80 million from the Romanian more

09.15.2014

Romanian insolvent power producer Hidroelectrica posted a gross profit of 719 million lei (EUR162.7 million) in the first eight months of 2014, up 12% on the year, due to 14.5% higher electricity more

08.25.2014

Euro Insol company, judicial administrator for Romania's insolvent power producer Hidroelectrica, replaced the managers of four Hidroelectrica units following “management flaws”. more

08.18.2014

Romanian insolvent power producer Hidroelectrica posted a pretax profit of 600 million lei (EUR135.2 million) in the first seven months of 2014 and expects record earnings of over RON1 billion for the more

08.17.2014

Romania’s insolvent state-run hydropower generator Hidroelectrica on Thursday sold just RON1.76 million worth of electricity on the local power exchange OPCOM, out of a planned RON161 million. more

08.07.2014

Romanian state-run hydropower producer Hidroelectrica plans to open two offices abroad, in Hungary and Yugoslavia, the company’s legal administrator Euro Insol said Thursday. more

08.04.2014

Romanian insolvent power producer Hidroelectrica closed at the end of July the fifth credit line over the last five months, namely, a loan of EUR30 million contracted from RBS Bank in 2008. more

07.21.2014

Romanian state-owned electricity producer Hidroelectrica, under insolvency, posted a gross profit of RON509 million in the first half of 2014, 5.8% higher than the RON481 million in the same period more

07.21.2014

Hidroelectrica, Romania’s largest energy producer which went insolvent for the second time in early 2014, ended the first half of 2014 with gross profit of 509 million lei (EUR115.6 million), a more

07.14.2014

The legal administrator of Romania’s state-run hydropower company Hidroelectrica named Viorel Cerchez as acquisition and logistics manager of the company, after he had previously served on the same more

07.01.2014

Romanian insolvent power producer Hidroelectrica has closed a EUR75 million credit line granted by Citibank International in 2009 and plans to pay back loans of EUR39 million by the end of the year. more

06.26.2014

Romanian insolvent hydropower generator Hidroelectrica on Thursday said it plans to sell 27 micro power plants in September, in an open outcry auction. more

06.25.2014

Ovidiu Agliceru has taken over as general manager of Romania’s insolvent state-run hydropower generator Hidroelectrica starting Monday, June 23. more

06.18.2014

Deprived of access to hydropower at preferential prices and exposed to a falling demand, Romania’s ten largest private energy traders ended last year with revenue of around EUR1.1 billion, down 20% more