District Heating
Eximbank has upgraded the rating the Oltenia Energy Complex
Eximbank revised the financial rating of CE Oltenia from C to B, following the analysis of the accounting reports from…
Termoenergetica will take over the activity of RADET, will purchase thermal energy from other suppliers
The Bucharest City Hall (PMB) will purchase thermal energy for the Pipera – Aviation and Colentina – Fundeni areas from…
V. Popescu called all the players of the thermal segment of the Capital in meeting, argues that there are no risks of cessation
There is no risk that Bucharest residents will run out of heat and hot water after RADET entered bankruptcy on…
ELCEN: The opening of the bankruptcy procedure of RADET will not cause the cessation of the thermal energy supply
Following Monday’s decision of the Bucharest Court of Appeal to send RADET into bankruptcy, speculations regarding the possible ceasing of…
Gabriel Dumitraşcu: The bankruptcy of RADET was declared in spring
The bankruptcy of RADET was declared by the trade union judge in spring, and precisely in order to allow a…
V. Popescu: ELCEN has the necessary fuel stocks
Bogdan Tudorache ELCEN has the necessary fuel stocks and meets the technical conditions to ensure a cosy winter for Bucharest…
RADET could go bankrupt on Monday
The Autonomous Administration of Thermal Energy Distribution and Transport (RADET) could go bankrupt, and the Bucharest’s City Hall should be…
RADET requested the City Hall to pay the subsidy for only 32% of the energy
Bogdan Tudorache Following investigations initiated by Sierra Quadrant, the administrator of ELCEN, it turns out that RADET requested a subsidy…
Frames: The district heating network risks serious damages
Bogdan Tudorache The district heating network in Bucharest is currently in a critical situation. The second most extensive urban district…
Difficult conditions for heating: Water losses increase
Given the fact that last winter there were 3,500 damages in the RADET network, the huge losses in the network…
Vişan: RADET has provided all the fuel needed for this winter
The Secretary of State in the Ministry of Energy Doru Vişan on Monday gave assurances that RADET has provided all…
Oradea has invested 650 million euros in ten years, but not without problems
Oradea Municipality has investments of more than 120 million euros in district heating, rehabilitation projects of public buildings that include…
Creţu (Elcen): I do not know how we will pass though the winter
There is no clear vision of investments in the energy sector and it is not known how we will spend…
ANRE has begun the process of eliminating unavailable capacities
Bogdan Tudorache The regulatory committee of ANRE, in its meeting on 09.10.2019, discussed and approved the request of the Oltenia…
EIB lends extra 21 mln. euro to Capital’s District 2 refurbishment
Bogdan Tudorache The European Investment Bank (EIB) has agreed to lend 21.1 million euro, the first tranche of an approved…
Bucharest City Hall, sent to court for RADET’s debts
Bogdan Tudorache The file to attract the patrimonial liability of the Bucharest City Hall, in order to recover the debt…
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…
Firea: ELCEN is not the only entity providing thermal energy to the population
The general mayor of the Capital, Gabriela Firea, said that ELCEN is not the only entity able to provide thermal…
Firea: The Government will not agree to stop of hot water in Bucharest
The capital’s mayoralty assures Bucharest that the process of supplying hot water is carried out normally, without being jeopardized by…
ELCEN creditors consider stopping the delivery of hot water to Bucharest
Bogdan Tudorache The ELCEN Lenders Committee will meet to discuss the possible cessation of hot water in the Capital, following…
The Bucharest City Hall voted for the waste incinerator, a project with small chances of materialization
The General Council of Bucharest Municipality voted on Tuesday a decision approving the Master Plan for the integrated waste management…
ELCEN: PMB delayed with no reason the RADET takeover by Termoenergetica
The representatives of Sierra Quadrant, judicial administrator of ELCEN, say that the City Hall of the Capital is delaying the…