Tag: heat supply

RADET recorded losses in 2016, ELCEN reported profit – Romania, 23 June 2017

Bucharest-based thermal energy distributor RADET recorded a loss of 75.4 million euros in 2016, while the company’s turnover amounted to 229.4 million euros. The situation in 2016 is slightly better […]

Bucharest City Hall wants to buy ELCEN – Romania, 9 June 2017

Spokesperson for the Romanian Government Alina Petrescu announced that it was agreed at the meeting between Minister of Energy Toma Petcu and Mayor of Bucharest Gabriela Firea that the shares […]

CET Govora signed 360 million euros contract with Polish Ciech Soda – Romania, 22 November 2016

Romanian energy producer CET Govora, which is currently under insolvency, has signed a contract worth 360 million euros with Polish group Ciech Soda. According to the contract, which is valid […]