Romanian Ministry of Economy takes first legal steps in creating Oltenia Energy Complex

Newsroom 06/12/2011 | 16:38

The representatives of the Romanian Ministry of Economy have voted yesterday, in the general assemblies of four energy companies, where it holds a majority stake, to set up a new energy champion called Oltenia Energy Complex.

The Ministry of Economy has voted for the merger of Energy Complex Craiova, Energy Complex Turceni, Energy Complex Rovinari and SNLO into Oltenia Energy Complex. This merger project has also been approved by representatives of minority shareholders Fondul Proprietatea, Termoelectrica and ICM.     

Following the vote yesteday, the first legal steps have been taken for the set up of the Oltenia energy complex, a company that will have both coal sources and thermal plants, in a move that should increase the efficiency of the energy companies and attract investments.

Ovidiu Posirca

BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Newsroom | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of
    I agree with the storage and handling of my data by
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue