Investments in Romanian energy projects postponed or abandoned

The viable units of Romanian energy company Termoelectrica will be separated and the rest of the company operations will be closed by mid-2011, according to information provided to HotNews.ro by the Economy Ministry. The scenario is included in the letter of intention signed by the Romanian authorities with the IMF and will be applied separately from the creation of two major national energy companies, Electra and Hidroenergetica. The fate of several power plants remains uncertain as some of ...

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