11.22.2011

Romanian hydropower producer Hidroelectrica asked energy regulator ANRE to allow a price increase of up to 50%, starting January 1, on the electricity it delivers, since costs have increased. more

11.16.2011

Seven companies asked for the annulment of the force majeure notices issued in September by Romania’s Chamber of Commerce and Industry (CCIR), but only Energy Holding, assisted by law firm Tuca more

11.11.2011

The managing board of hydropower producer Hidroelectrica will notify all clients that force majeure will be maintained, despite a Chamber of Commerce decision to cancel the force majeure approval. more

11.11.2011

Romanian hydropower producer Hidroelectrica on Friday said the Chamber of Commerce abusively withdrew the force majeure approval issued in September, which enabled the company to limit deliveries more

11.10.2011

Romanian Economy Minister Ion Ariton on Thursday invited German energy company Karl Gruppe to "look into the possibility" of association with Romania’s Hidroelectrica in view of upgrading several more

10.26.2011

State-owned hydropower producer Hidroelectrica does not have the means to terminate its direct sale contracts, which are “perhaps” concluded over “too extended” periods, Wednesday said the more

10.21.2011

The management of Romanian state-owned hydropower producer Hidroelectrica on Friday said that none of the bilateral contracts it has concluded to sell electricity, including the ones with Alro more

10.21.2011

The European Commission has launched an inquiry into several energy contracts signed by Romanian state-run hydropower producer Hidroelectrica and ArcelorMittal Galati and Alro Slatina (ALR.RO) to more

10.18.2011

Romanian aluminum maker Alro Slatina (ALR.RO) Tuesday said it has started procedures to shut down a production unit, because of reduced electricity deliveries from its main supplier, Hidroelectrica. more

09.30.2011

Romania’s former economy minister Codrut Seres has been indicted on allegations that he shielded illegal activities of the management of state-owned hydropower producer Hidroelectrica, defrauding it more

09.27.2011

Romanian Economy Ministry put off a decision on whether to list the shares of hydropower generator Hidroelectrica in Bucharest until the government approves a privatization strategy for the company, more

09.27.2011

Romanian state-owned hydropower producer Hidroelectrica received the final approval for force majeure Tuesday, and its planned reduction of deliveries may be applied until the end of the year, company more

09.27.2011

Romanian state-owned hydropower producer Hidroelectrica will reduce by up to 30% the quantity of electricity delivered to clients, because of the drought, people close to the matter told MEDIAFAX. more

09.21.2011

The energy export contract signed by Romania’s largest energy production companies and the local branch of Serbian energy group Rudnap, will be extended through the end of the year, even though it more

09.16.2011

State-owned hydropower producer Hidroelectrica on Friday said it provides 24% of Romania’s electricity output at the moment, compared to 28% in previous weeks, because of low water levels in rivers more

09.13.2011

Hidroelectrica, Romania’s largest energy producer, continues to borrow money from major banks. The latest bank it turned to is RBS Romania, from which it took out a EUR32 million loan. more

09.12.2011

RBS Romania will grant a one-year loan worth EUR32 million to state-owned hydropower producer Hidroelectrica, to finance working capital needs. more

08.18.2011

Romanian investment fund Fondul Proprietatea (FP.RO), minority owner in energy companies Hidroelectrica and Nuclearelectrica, Thursday called for a shareholder meeting at the two companies in view of more

08.05.2011

Romania’s state-run hydropower generator Friday announced it has resumed energy delivery to two companies whose contracts were terminated in 2010, after the companies won a first court battle on the more

07.29.2011

Lower rainfalls this year and rising water costs led hydro-power producer Hidroelectrica’s profit down four times in the first half of the year against the similar period of 2010. more

07.27.2011

Romanian Economy Ministry plans to increase by 10% the capital of state-run energy producers Hidroelectrica and Nucleaelectrica through new share offerings, the ministry said in a statement Tuesday. more

07.26.2011

Hidroelectrica’s energy contracts for 2010 show the company has walked away from over EUR90 million because it preferred to sell electricity directly, instead of using the energy exchange. more

07.12.2011

The European Bank for Reconstruction and Development plans to buy a minority stake in state-run hydropower generator Hidroelectrica once the company is floated in Bucharest, Hidroelectrica’s head more

07.12.2011

Romanian state-owned hydropower producer Hidroelectrica signed Tuesday a EUR110 million financing contract with the European Bank for Reconstruction and Development, or EBRD, to upgrade the Stejarul more

07.12.2011

Hidroelectrica, Romania’s largest energy producer, took a EUR110-million loan from the European Bank for Reconstruction and Development (EBRD) for the rehabilitation of the Stejaru Bicaz power more