Romanian Hidroelectrica not insolvent, IPO to follow soon

Hidroelectrica, Romania’s largest power producer is officially solvent, as stated in the final court decision. This move will enable stock-market trade with Hidroeletrica’s shares. Court’s decision is final, and it will unblock Initial Public Offer (IPO) sale of 15% of company’s share. Remus Borza from Euro Insol, court appointed administrator of Hidroelectrica, expects that this share […]

Romania to improve compliance with EU waste management legislation

Romania has to improve compliance with EU waste and urban wastewater legislations in order to meet the EU targets as the final deadlines set out in the Accession Treaty are drawing near. This is one of the main challenges Romania faces according to the EU Environmental Implementation Review (EIR) report drafted by the European Commission […]

Waste February 15, 2017