Tag: Elcen

ELCEN exited insolvency after six years – Romania, 03 February 2023

Bucharest-based thermal energy and electricity producer ELCEN announced its exit from insolvency after a Bucharest court ruled to close insolvency proceedings started in 2016. The statement from the company said […]

ELCEN to exit insolvency – Romania, 09 February 2022

Bucharest-based thermal energy and electricity producer ELCEN announced the initiation of steps to stop all payment obligations assumed by the reorganization plan in order to close the judicial reorganization procedure […]

Bucharest Mayor seeks extra funds to finance ELCEN takeover – Romania, 05 November 2021

The Mayor of Bucharest Nicusor Dan asked the Prime Minister Florin Citu for a loan from the Government, which will be used to finance the takeover of electricity and thermal […]