Tag: merger

RADET-ELCEN merger approved – Romania, 19 January 2018

The General Counselors of Bucharest have approved a set of measures to be included by the special administrator in RADET reorganization plan, which include the transformation into a joint stock […]

Bucharest City Hall to take over ELCEN – Romania, 25 July 2017

Romanian Prime Minister Mihai Tudose said after the Government’s extraordinary session that the Bucharest City Hall will take over the electricity and heat producer ELCEN and thus help solving the […]

Merger within OMV Petrom – Romania, 16 June 2017

Oil and gas company OMV Petrom, a member of Austrian OMV Group, announced that two of its subsidiaries – OMV Petrom Marketing and OMV Petrom Aviation will merge by absorption. […]