Hidroelectrrica and Termoelectrica likely to merge

Hidroelectrica electricity maker and Termoelectrica electricity and heating supplier could merge, reads a draft emergency ordinance under public debate.Thus, Hidroelectrica is to absorb Termolectrica, the former continuing to attract the required capital to set up new electricity suppliers andor rehabilitate the old ones such as the Termoelectrica subsidiaries CET Braila, CET Borzesti and CET Doicesti. By private investors' support, the old branches will become joint ventures.Based on a ...

Developed by Codecraftsman