Reuters: Romania's Hidroelectrica aims to exit insolvency on June 26
Thursday, June 13, 2013
Romania's biggest power producer, state-owned Hidroelectrica, is likely to exit insolvency on June 26, a year after it was hit by a drought and a string of loss-making contracts, its manager was quoted as saying on Wednesday. Hidroelectrica was declared insolvent and underwent restructuring largely because of deals under which it ...