Tag: Oltenia

EC Oltenia saved about 60 million euros on emission certificates payments for 2019 – Romania, 29 April 2020

State-owned coal-based electricity producer Energy Complex (EC) Oltenia said that it has completed the payment of emission certificates related to last year’s electricity production. EC Oltenia purchased the CO2 emission certificates related to the electricity produced in 2019, before the deadlin Full article available for subscribers of Energy NEWS service (PDF publications, energy news, analyses, […]

EC Oltenia to gradually send its employees into technical unemployment – Romania, 13 April 2020

Some 13,000 employees of state-owned electricity producer Energy Complex (EC) Oltenia will gradually enter into technical unemployment from 13 April until 7 June, due to the significant reduction of electricity demand in the country and, implicitly, the company’s revenues. According to the statem Full article available for subscribers of Energy NEWS service (PDF publications, energy […]

EC Oltenia to enter restructuring under new management – Romania, 17 March 2020

The Supervisory Board of coal-based electricity producer Energy Complex (EC) Oltenia could decide, at the meeting at the end of March, to suspend the functioning of the management board, a measure that will be approved in the general meeting of shareholders. Member of the Supervisory Board Dumitr Full article available for subscribers of Energy NEWS […]