Reuters: Hidroelectrica, Romania's biggest power producer, to exit insolvency by May

Romanian state-owned power producer Hidroelectrica expects to finally exit its insolvency process by next month, and aims to sell a minority stake in an initial public offering by November, its manager told Reuters on last Sunday. Romania's largest and cheapest power producer has been run by a court-appointed manager after it became insolvent for the second time in early ...

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