Hidroelectrica has started the procurement procedures of CEZ Romania and Enel Romania groups and is requesting the approval of the shareholders to engage in consulting services in this regard, according to the convent announcement for the Extraordinary General Meeting of Shareholders (AGEA), to be held on December 12.

Thus, on the agenda of the meeting is “informing the shareholders about the start of the actions related to the merger and acquisition process (M&A) for CEZ Romania and Enel Romania Groups at S.P.E.E.H. Hidroelectrica SA.”

Also, the shareholders will be informed about the approval of the acquisition of the consulting services related to the mergers and acquisitions (M&A) process for CEZ Romania and Enel Romania Groups, according to Agerpres.

At the same time, Hidroelectrica wants to take over some assets of UCM Resita, which will be used in the maintenance and refurbishment activities of the company.