Government approved the Elcen – Termoenergetica merger

  The government approved a memorandum by which the electricity and heat producer Electrocentrale Bucharest will merge with Termoenergetica, the owner of the thermal agent distribution network in the Capital. The new company could be established this year, and the majority stake would go to the Ministry of Energy. This in the conditions where Termoenergetica has debts of over 800 million lei in ...

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