Tag: state aid

European Commission approved 250 million euros state aid to EC Oltenia – Romania, 24 February 2020

The European Commission approved, in accordance with European Union state aid rules, Romania’s plan to grant a temporary loan of 250 million euros to coal-based electricity producer Energy Complex (EC) Oltenia, which is currently facing financial difficulties. Under the Commission guidelines on s Full article available for subscribers of Energy NEWS service (PDF publications, energy […]

EC urges Romania to recover illegal state aid from CNU – Romania, 24 February 2020

The European Commission said that Romania needs to recover around 13 million euros of incompatible rescue aid provided to the National Uranium Company (CNU) in 2016, plus interest. The Commission has found that various Romanian public support measures in favor of CNU were not in line with EU rule Full article available for subscribers of Energy […]

Romania in talks with European Commission over state aid for EC Oltenia – Romania, 21 February 2020

President of the Romanian Competition Council Bogdan Chiritoiu said that the authorities are in negotiations with the European Commission over a state aid granted to coal-based electricity producer Energy Complex (EC) Oltenia, heavily affected by increasing CO2 emission costs. According to Chirit Full article available for subscribers of Energy NEWS service (PDF publications, energy news, […]