Results 476 - 500 from 565 for "hidroelectrica"
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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
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Moody’s Lowers Hidrolectrica Outlook To Negative
03.26.2012
Moody's Investors Service Monday said it has changed to negative from stable the outlook on the Ba1 long-term corporate family rating of Romanian hydropower generator Hidroelectrica S.A., warning of more
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Economy Ministry Radicalizes Stance On “Wise Guy” Deals In Energy
03.20.2012
Authorities will terminate the bilateral contracts concluded by Romanian state-owned hydropower producer Hidroelectrica with the so-called “wise guys”, if the energy buyers refuse new terms, more
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Hidroelectrica Launches Final Round Of Bilateral Deal Renegotiations
03.16.2012
State-owned hydropower producer Hidroelectrica started a new round of renegotiations Friday, to amend its bilateral electricity sale contracts, with a plan to conclude the process by the end of March, more
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Outcome Of A Decade Of Secrets: Direct Contracts Cost Hidroelectrica EUR1.5B In Lost Profits
03.13.2012
In 2001, the newly incorporated Hidroelectrica, the cheapest electricity producer created by the reorganization of the Romanian energy system, signed its first direct contract to sell power, as well more
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Two Consortia File Bids To Run Hidroelectrica’s IPO
03.01.2012
Romanian state-run hydropower generator Hidroelectrica Thursday said two consortia filed bids to assist with the sale of a 10% stake on the Bucharest Stock Exchange due for completion in the second more
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Hidroelectrica To End Bilateral Deal Renegotiations In March
02.28.2012
Negotiations for the bilateral contracts concluded by state-owned hydropower producer Hidroelectrica should conclude by the end of March, company general manager Dragos Zachia said Tuesday. more
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Hidroelectrica Mulls EUR200-EUR300M Bond Issue To Fund Projects
02.28.2012
Romanian state-run hydropower generator Hidroelectrica is considering launching a bond issue of around EUR200-EUR300 million as alternative financing to the traditional bank loans, general manager more