Romgaz analyzes potential takeover of Bucharest’s heat supplier

State-owned Romgaz, one of the two big gas producers in Romania, analyzes the takeover of Electrocentrale Bucuresti, a state-controlled electricity and heat producer that generates the heat and hot water for households in Bucharest. Electrocentrale Bucuresti is under judicial reorganization due to cash flow problems. The reorganization plan drafted by the company’s judicial ...

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