Tag: Elcen

ELCEN requests 10 % production price increase – Romania, 06 November 2018

Bucharest-based heat and electricity producer ELCEN has requested the National Regulatory Authority for Energy (ANRE) to increase the production price of Gcal by about 10 %. ELCEN’s special administrator Claudiu Cretu said that the request is necessary necessary for the company to cover its costs Full article available for subscribers of Energy NEWS service (PDF […]

ELCEN creditors approved the restructuring plan of the company – Romania, 25 September 2018

Creditors of Bucharest-based heat and electricity producer ELCEN adopted the plan to reorganize the company. According to the most recent action plan, Energetica SA, the company established by the Bucharest City Hall, would take over ELCEN through business transfer and not by buying titles from Full article available for subscribers of Energy NEWS service (PDF […]

ELCEN will go bankrupt if reorganization plan is not adopted – Romania, 07 September 2018

The Mayor of Bucharest Gabriela Firea said that heat and electricity producer ELCEN will go bankrupt unless the reorganization plan is not adopted at the next creditor’s meeting, scheduled for 24 September, with disastrous consequences for the heating system of Romania’s capital. In late August, Full article available for subscribers of Energy NEWS service (PDF […]