Tag: EC Hunedoara

EC Hunedoara to receive state aid for coalmines closure – Romania, 28 February 2018

According to the Romanian Ministry of Energy, state-owned electricity producer Energy Complex (EC) Hunedoara may receive state aid in the amount of 39.5 million euros in 2018 for the closure of uncompetitive Lonea and Lupeni coalmines. Coal production at these two mines will close at the end of this year. The Lonea mine will be […]

Insolvency of EC Hunedoara postponed again – Romania, 19 May 2017

The Alba Iulia Court of Appeal has suspended a case regarding an application for entering into insolvency of Energy Complex (EC) Hunedoara, which was submitted by the company itself, until the High Court of Cassation and Justice rules on an appeal filed by “Noroc Bun” trade union. Financially burdened electricity producer has been in an […]

State aid worth 43.5 million euros for EC Hunedoara – Romania, 28 April 2017

According to the Government’s decision adopted this week, electricity producer Energy Complex (EC) Hunedoara will receive state aid in order to facilitate the closing of unprofitable coalmines Lonea and Lupeni worth about 43.5 million euros for 2017, which is fully sustained from the sate through the budget of the Ministry of Energy. Out of the […]