Tag: Elcen

ELCEN recorded 3.8 million euros loss in 2018 – Romania, 07 March 2019

Bucharest-based heat and electricity producer ELCEN recorded a net loss of in the amount of 3.8 million euros in 2018, compared to a profit of 7.6 million euros recorded in the previous year. The company’s turnover also decreased, to 348 million euros from 365 million euros in 2017. According to Full article available for subscribers […]

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 […]