Romania’s Two Power Holdings Deemed Operational In ‘10, Work In Vain Till ‘12

The two national power holdings the Romanian Government aims to set up through the reorganization of the country’s energy production will become operational in 2010, but they may operate to no avail until 2012, Economy Ministry’s secretary of state Tudor Serban said Wednesday. "The two companies will be operational on January 1, 2010, but they may operate to no avail until 2012," Serban said during an energy seminar.The government's plan to reorganize Romania's energy sector entails the ...

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