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CE Oltenia ends 2020 with another EUR 180 mln losses

Romanian coal and power group CE Oltenia, which is seeking to get the European Commission's consent for a EUR 3.5 bln state-backed program of converting to green resources, announced another RON 939 mln (over EUR 180 mln) losses for 2020 when its incomes shrank by one third (-32%) to RON 2 bln (EUR 400 mln).   The company can secure only EUR 1.5 bln for the EUR 3.5 bln (with the rest of EUR 2 bln expected ...

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