FP: Merger with CE Oltenia would only reduce the performance of Hidroelectrica
Bogdan Tudorache An eventual merger of the CE Oltenia with Hidroelectrica would affect the performance of the hydro energy producing…
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Virgil Popescu: Redemption of FP shares in CE Oltenia and Hidroelectrica would cost over 1 bln. euro
The possible merger between Hidroelectrica and the Oltenia Energy Complex (CEO), announced Monday by the authorities, was blamed by Virgil…
Truță: Hidroelectrica risks to permanently lose the debt of 214 million lei to ANAF
Oana Truţă, the former administrator of Hidroelectrica of behalf of Fondul Proprietatea, sent, on September 3, to the Ministry of…
Croatia’s Končar KET to refurbish HPP Vacha in Bulgaria
A consortium comprising Croatia’s Končar KET and Czech ČKD Blansko Holding has signed a contract to refurbish the 14 MW…
Meyer, FP: Hidroelectrica needs political decision to get privatized; any acquisitions in Enel or CEZ would diminish its value
Bogdan Tudorache Privatization of Hidroelectrica needs a political decision, and so far we have seen uncertainty at government level, which…
Hidroelectrica has a budget of 10 mln. euro for consulting services for the acquisition of ENEL and CEZ assets
Hidroelectrica wants to acquire specialized consulting, assistance, evaluation and intermediation services for mergers and acquisitions (M&A) of CEZ Romania and…
Hidroelectrica has the support of the government for the acquisition of assets of the CEZ and Enel groups
Hidroelectrica has big plans to diversify and develop the production portfolio through new projects. The management of the company again…
Bogdan Badea, Hidroelectrica: We hope for a dual listing on the Bucharest and London stock exchanges
The listing of Hidroelectrica, as well as the package of shares placed on the market, depends on the will of…
Bogdan Badea: Hidroelectrica’s IPO of could take place in September 2020
Bogdan Badea, President of the Hidroelectrica Board of Directors, believes that the initial public offering (IPO) of the company at…
Hidroelectrica: The net profit decreases by 8%, due to additional taxation
The turnover of Hidroelectrica increased, in the first semester (S1) 2019, by 17.9% compared to S1 2018, up to 2,349.3…
Hidroelectrica paid to the Romanian state over 500 mln. euro on the used water in the last seven years
In the past seven years, Hidroelectrica has paid taxes on milled water worth about half a billion euro (2.3 billion…
Hidroelectrica initiated the procedures for the acquisition of assets of Enel, CEZ and UCM Resita
Hidroelectrica started the procedures for the potential acquisitions of assets of CEZ and Enel from Romania, said the general manager…
IHA appoints Eddie Rich as new CEO
The International Hydropower Association (IHA) has appointed Eddie Rich as its new Chief Executive Officer, following a global recruitment search…
Hidroelectrica has 2.5 billion lei in bank deposits
Hidroelectrica, the largest electricity producer in Romania and one of the most profitable companies of the Romanian state, had bank…
Hidroelectrica may take over assets of Enel and CEZ
Hidroelectrica is considering the possible acquisition of some Romanian assets of CEZ and Enel groups, most probably from the renewable…
Voith, Romelectro, Gulsan and GE vie for Vidraru 82 mln. euro contract
Bogdan Tudorache The consortia formed by Voith Hydro, Romelectro, Gulsan-Zhefu and GE-Elecnor are the main rivals for obtaining the 82…
BP: Romania’s hydro energy production increased by 21.2% last year
Romania’s hydro power production grew 21.2% last year, compared to 2017, to 4 million tons of oil equivalent (toe), according…
Hidroelectrica risks losing RON 1 bln. following ANRE’s Order 10
Fondul Proprietatea warns of the dire consequences for Hidroelectrica’s profitability, and overall business performance, as a direct result of the…
Hidroelectrica organizes the 13th edition of the Trophy of the Power Engineers
The 13th edition of the “Power Engineers Trophy”, organized this year by the Ramnicu Valcea Hidrocentrale Power Plant, takes place…
Meyer: GEO 114 blocked negotiations on the sale of the FP package in Hidroelectrica
Fondul Proprietatea (FP) negotiated with some investors to sell 20% stake in owns in Hidroelectrica, but GEO 114/2018 blocked the…
Johan Meyer: Romania needs stable legislation, GEO 114 must be repealed, corporate governance instated
Romania has been blessed with an abundance of natural resources – gas, oil, hydro and also enough sunshine and wind,…
Energy Minister, Energy Strategy Summit: Tarniţa in government meeting next week; negotiations with the EU on carbon certificates
Romania has a relatively balanced energy mix and it can cope with most of the situations, Energy Minister Anton Anton…
Tariceanu wants to reopen GEO 114 and sovereign fund discussions and privatize 15-20% of Hidroelectrica
Calin Popescu Tariceanu has announced that the ALDE remains in the coalition with the PSD at the helm of the…