Termoelectrica Will Be Liquidated

Romania’s Economy Ministry will comply with the International Monetary Fund’s requests, so that the viable units of state-run power producer Termoelectrica will be separated from the parent-company that will enter liquidation procedures, minister Adriean Videanu said Tuesday. "We will separate from Termoelectrica all the viable units, namely Braila, Borzesti, Doicesti, Galati and Termoelectrica will enter liquidation," Videanu said. The Government committed to the IMF and the European ...

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