Reuters: Romania's Hidroelectrica to stay in insolvency process this year

Romanian state-owned power producer Hidroelectrica will not exit a court-administered insolvency process this year, as initially expected, due to lengthy legal challenges, its manager told Reuters on Tuesday. The European Union state's largest and cheapest power producer was pushed back into insolvency for the second time in early 2014, and is being run by a court-appointed ...

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