EIB is lending additional EUR 37.5 million for thermal rehabilitation in Bucharest
The European Investment Bank (EIB) has recently announced it was lending EUR 22 million to finance the second phase of…
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District Heating
ELCEN follows RADET into insolvency, KPMG will be special administrator
Bucharest Court admitted the request of Electrocentrale Bucharest SA (ELCEN) to entry into insolvency and KPMG will be special administrator.…
People pay half the heating bill, the Bucharest City Hall even less, Romgaz cut gas supplies to ELCEN
Heating supply could be interrupted in the Capital on Tuesday, if Romgaz will no longer provide natural gas to Electrocentrale…
Insolvency for RADET and ELCEN – a chance for restructuring the heating system in Bucharest
“We support any form of legal protection as long as the company is rebuilding on sound principles and does not…
European Commission must approve RADET subsidies
The Bucharest City Hall must ask for the European Commission’s approval for the subsidies they grant to RADET, but this…
ELCEN and GE sign a 6 years EUR 5.65 million maintenance contract
The deal will come into force starting September 9 and is available for a period of six years. Its value…
Ghinea: Projects for Bucharest’s district heating refurbishment must be finished by February
The rehabilitation of the district heating in Bucharest is part, along with the laser project in Magurele, of the possible…