ELCEN to exit insolvency and merge with Termoenergetica – Romania, 21 May 2021

Special administrator of Bucharest-based electricity and heat producer ELCEN Claudiu Cretu said that the company will exit insolvency by the end of the year and, if there is interest from the Bucharest City Hall, it could merge with Termoenergetica.

Cretu said that Termoenergetica currently has m

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