Termoelectrica sells Doicesti power plant plus other assets for EUR 13.8 mln

Newsroom 30/07/2014 | 09:53

Romania’s state-run energy company Termoelectrica has sold several assets, including its thermal power plant in Doicesti, to European Energy Communications SRL for 60.89 million lei (EUR13.8 million).

“The assets, which include the power plant in Doicesti, the pressing station in Aninoasa, an apartment in Targoviste and several buildings in Moroeni (all in Dambovita county) were sold in respect to all the laws applicable”, according to a press release from Musat and Asociatii Restructuring and Insolvency.

According to data in the Registry of Commerce, the buying company is owned by European Communications SRO, registered in Czech Republic (80 percent) and by two individuals, Ion Cebuc (6.67 percent) and Ioan Liviu Popescu (13.33 percent).

Termoelectrica entered a dissolution and liquidation procedure after a joint decision from its shareholders on March 12 2013.

BR Magazine | Latest Issue

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

The June 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Companies Embracing Sustainability For A Better Future” Read it online
Newsroom | 02/08/2022 | 10:15

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 business-review.eu
I agree with the storage and handling of my data by business-review.eu

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