Tag: insolvency

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 […]

Romelectro enters insolvency procedure – Romania, 18 January 2022

Romanian EPC contractor Romelectro has filed for insolvency. Romelectro has over 50 years of experience in the local and international market, being one of the most important EPC contractors in […]

Insolvent Getica 95 stopped electricity supply to another big customer – Romania, 11 August 2021

Insolvent electricity supplier Getica 95 has notified the municipal utility provider in Giurgiu that it will be terminating its electricity supply contract. This is the second large customers with whom […]