Turceni: Recession hits power production

CE Turceni’s production dropped in first quarter by 17.4% down to 1,455 GWh due to economic crisis, while company expects a sharp reduction in net profit.“The electricity produced in first quarter stood at 1,760 GWh. The power delivery to the national grid fell in 2009 due to lower consumption amid recessionary times”, power supplier said.The representatives of CE Turceni said the sales of electricity at CE Turceni are adjusted to market demand, correlated with the offers of ...

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