Virgil Popescu supports the amendment of the law that prohibits the privatization of Hidroelectrica
The Minister of Economy, Virgil Popescu, said on Thursday that Law 173/2020, by which the Parliament forbade the Government, for…
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TMK Hydroenergy Power completes a new pumping station with an investment of 3 million lei
TMK Hydroenergy Power, part of the CEZ Group in Romania, recently completed one of the most important investment works, with…
Hidroelectrica will purchase medical testing services for the company’s employees
Hidroelectrica wants to conclude a framework agreement for RT-PCR testing medical services of the company’s employees, in order to diagnose…
Hidroelectrica: Net profit drops 11% in the first half
Electricity producer Hidroelectrica achieved a net profit of 806 million lei in the first half of this year, 11% less…
Hidroelectrica convenes the EGSM – will increase the share capital, new investments will be approved
Bogdan Tudorache Hidroelectrica convened the Extraordinary General Shareholders’ Meeting (EGSM) for 18.09.2020, during which several important decisions will be approved…
Hidroelectrica’s privatization, blocked until the autumn of 2022
Bogdan Tudorache The President of Romania, Klaus Iohannis, approved on Thursday the law on ”some measures to protect national interests…
V. Popescu, harsh message to Hidroelectrica and FP: Take it easy with morality lessons!
Bogdan Tudorache The Minister of Economy and Energy responded with a harsh message addressed to Hidroelectrica and Fondul Proprietatea (FP),…
FP: Government shouldn’t get involved in the management of the companies it owns
Fondul Proprietatea (FP) reacts to recent declaration of the Minister of Economy, Energy, and Business Environment, according to which Hidroelectrica…
Badea, Hidroelectrica: We cannot have a low price for energy and, at the same time, make investments
The price of energy paid by final consumers cannot be low and at the same time cover the necessary investments…
Hidroelectrica reduced the price of energy for household consumers
Hidroelectrica reduced the offer price for household consumers from 255 lei per MWh, as it was until now, to 239…
Minister of Economy: Hidroelectrica can deliver much cheaper energy directly to the population
Hidroelectrica can deliver energy directly to the population at a much lower price than at present, which could lead to…
Bogdan Badea, Energy Strategy Summit: We need coherence in decision-making and legislative correlation; we may build a new central on Danube
Hidroelectrica may invest in the construction of a new plant on the Danube, while in the next period the feasibility…
Electrica-Hidroelectrica-SAPE consortium submitted the offer for the purchase of CEZ assets on Thursday
The Romanian consortium formed by Electrica, Hidroelectrica and the Energy Participation Management Company (SAPE) submitted a binding offer on Thursday…
FP urges the gov’t as majority shareholder of Hidroelectrica to analyse the risks of acquiring CEZ assets
Fondul Proprietatea (FP) urges the Ministry of Economy, Energy, and Business Environment, as majority shareholder of Hidroelectrica, to thoroughly consider…
Hidroelectrica supplied more than half of the country’s electricity production on Monday
Hidroelectrica, the energy producer that usually has a market share of 25-30%, provided on Monday morning more than half of…
CfD for renewables, nuclear, power storage and CCUS in Romania
Romanian Government approved the general principles regarding the implementation of Contracts for Difference. This opens the way for the Ministry…
Hidroelectrica concludes a new consulting contract with E&Y for the acquisition of UCM Resita’s assets
Hidroelectrica has concluded a consulting contract with Ernst & Young, worth 955,000 lei, to be assisted in the purchase of…
Electrica analyzes the possibility of participating, together with SAPE and Hidroelectrica, in the tender for CEZ subsidiaries in Romania
Electrica is analyzing the possibility of participating, in consortium with the Energy Participation Management Company (SAPE SA) and Hidroelectrica, in…
PSD wants to block the listing of Hidroelectrica on the stock exchange by law
A bill blocking any sale of shares to state-owned companies, initiated by PSD, passed quickly, without much debate, by the…
Hidroelectrica has appointed the consultant for the IPO; the value of the contract, 950,000 euro
Hidroelectrica and STJ Advisors Group Limited signed the contract for the provision of consulting services for the “Equity Advisor” capital…
Jade Power Trust analyzes the sale of its Romanian assets
Jade Power Trust has formed a special committee to explore several “strategic options”, including a possible partial or total sale…
Hidroelectrica plans to execute new projects with a value of almost 18 bln. lei
Hidroelectrica plans, for the next period, the execution of new hydropower projects with a total estimated value of 17.933 billion…
CITR: Hidroserv aims for 15% revenue and 25% EBITDA growth over the next two years
Bogdan Tudorache Under the judicial administration of CITR, Hidroserv SA – the Hydropower Services Company submitted today the reorganization plan…