Ovidiu Neacșu, Sierra Quadrant: We transformed ELCEN from a bankrupt company into a solid economic actor
The court confirmed the end of the reorganization procedure of ELCEN Bucharest, thus officially marking the reinsertion of the company…
ELCEN exits insolvency; the way is opened for major investments
Electrocentrale București SA (ELCEN), the main supplier of heating for the centralized thermal energy supply system in Bucharest and one…
Elcen unionists propose new solutions to save the company from bankruptcy
The Free Independent Trade Union within the Bucharest Electrocentrale Branch requests the authorities to grant a considerable amount from the…
Nicușor Dan: By the end of the year we will pay 220 mln. to Termoenergetica
Bucharest City Hall would pay off its debt of 220 million lei to Termoenergetica at the end of this year,…
ELCEN: CETs did not benefit from major investments because the City Hall does not pay the subsidy on time
Electrocentrale București (ELCEN), the Capital’s electricity and thermal energy producer, posted on its Facebook page a reaction to the statements…
ELCEN prepares CETs for the cold season
ELCEN is in the process of preparing the energy equipment for the next heating season, as ensuring the good operation…
Elcen produces the thermal agent in two CETs, but the pipeline network cannot take it over properly
Electrocentrale Bucureşti (Elcen) supplies thermal agent through two plants, CET Bucureşti Sud and CET Grozăveşti, according to the summer program,…
Elcen ordered the full payment of the sums of money owed to the creditors
Sierra Quadrant, Elcen’s judicial administrator, on Thursday ordered the full payment of the money owed to the company’s creditors. The…
Dominic Fritz: The people of Timisoara subsidize the price in Bucharest, while they are in the cold
The mayor of Timisoara, Dominic Fritz, requested another 130 million lei from the Government to cover the costs of district…
Elcen is initiating proceedings for getting out of insolvency
Electrocentrale Bucureşti SA (Elcen), the main supplier of thermal agent for the centralized heat supply system in Bucharest and one…
Sierra Quadrant ends negotiations with the City Hall for the transfer of ELCEN to Termoenergetica
Sierra Quadrant has notified the City Hall of the Capital (PMB) that it had terminated negotiations on the transfer of…
ANRE approved a tariff of 980 lei per gigacalorie for Bucharest
The National Energy Regulatory Authority (ANRE) approved on Tuesday a tariff of 980 lei per gigacalorie for Termoenergetica, said the…
Nicuşor Dan: Finance Ministry to decide whether to increase the budget needed to take over ELCEN
Bucharest City Hall mayor Nicusor Dan says that the main topic of discussion at the Government meeting was the way…
Cretu: City Hall needs a waiver to be able to borrow for the take over of Elcen by Termoenergetica
Bucharest City Hall needs a waiver on the limit up to which it can borrow money, in order to capitalize…
Nicușor Dan asks the Government for extra funds to take over ELCEN
On Thursday, the General Mayor of the Capital, Nicușor Dan, asked the Prime Minister Cîțu for a loan from the…
Thermal energy production prices approved by ANRE increase by up to 96%
The Energy Regulatory Authority ANRE has approved the new prices for the production of thermal energy. The price increases of…
Elcen buys gas from Romgaz worth 2.1 billion lei, for next year
Romgaz has concluded with Electrocentrale Bucureşti an additional act to the contract for the sale – purchase of natural gas…
Nagy-Bege: It is not the time to tax producers
Although among the recommendations of the European Commission was the surcharge of producers, in Romania, where 70% of electricity production…
Nicușor Dan: Subsidy for the Bucharest thermal energy could be increased – PM opposes
The mayor of the Capital, Nicușor Dan, claims that the subsidy for the thermal energy for the Bucharest residents connected…
Romgaz doubled the price of gas to Elcen
Romgaz will deliver gas to Bucharest power plants at a double price compared to now. The production cost of the…
A working group was set up to approve projects under measure 10C
The Minister of Energy, Virgil Popescu, approved the establishment of a working group at the level of the ministry to…
Thermoenergetica – first step towards taking over Elcen
Termoenergetica București, the company subordinated to the Capital City Hall that deals with the distribution and supply of thermal energy…
Nicuşor Dan: The ELCEN-City Hall transaction, valued at over 1 bln. lei
Societatea Electrocentrale Bucureşti – ELCEN was valued at over one billion lei, said on Wednesday the mayor general of the…