Tag: Hunedoara

Government will allocate 24 million euros for closure of unprofitable coalmines – Romania, 27 March 2019

The Romanian Ministry of Energy will pay around 24 million euros in 2019 to two coal-based electricity producers Energy Complex (EC) Oltenia and Energy Complex (EC) Hunedoara in order to finance the closure of several unprofitable coalmines. These amounts are granted on the basis of a European Co Full article available for subscribers of Energy […]

Government will allocate 24 million euros for closure of unprofitable coalmines – Romania, 27 March 2019

The Romanian Ministry of Energy will pay around 24 million euros in 2019 to two coal-based electricity producers Energy Complex (EC) Oltenia and Energy Complex (EC) Hunedoara in order to finance the closure of several unprofitable coalmines. These amounts are granted on the basis of a European Co Full article available for subscribers of Energy […]

EC urges Romania to recover incompatible state aid from EC Hunedoara – Romania, 18 December 2018

The European Commission (EC) has officially informed the Romanian Government that it has to recover illegally provided state aid to Energy Complex (EC) Hunedoara in the amount of 60 million euros and petrochemical complex Oltchim in the amount of 335 million euros. While this might not generate m Full article available for subscribers of Energy […]