Hunedoara Energy Complex (CEH)

Hunedoara Energy Complex (CEH), which manages four coal mines in the Jiu Valley and two thermal power plants, Mintia and Paroseni, will receive this year a state aid of about RON 200 million, according to a draft law initiated by the…

Alba Iulia Court of Appeal has resolved on Tuesday the appeals lodged against the decisions of the Hunedoara Court ’s bankruptcy judge in Hunedoara Energy Complex (CEH) insolvency case and rejected the request to open insolvency…

Hunedoara Court approved on Thursday Hunedoara Energy Complex (CEH) reentering into insolvency and appointed GMC SPRL Craiova the same judicial administrator, sources in energy sector said, agerpres.ro quotes. Earlier this month, Alba…

According to the major taxpayers list with outstanding obligations to the state budget, European Food, owned by the Micula brothers, is Romania’s largest debtor with RON 400.8 million (where RON 400.1 million are disputed tax liabilities),…

Energy Minister Victor Grigorescu, said on Sunday during a TV show that he has sent the body control to Hunedoara Energy Complex (CEH), with the suspicion of some wage bonuses which were awarded to company’s management members before its…

The miners in Jiu Valley have spontaneously protested on Friday and refused to start working after union leaders have presented them that Hunedoara Energy Complex (CEH) entered into insolvency procedure. Miners are dissatisfied with the…

Hunedoara Court approved on Thursday the insolvency of Hunedoara Energy Complex (CEH). GMC SPRL Craiova was appointed judicial administrator. This although EuroInsol, controlled by Remus Borza, the current trustee of another state-owned…

Board of Directors of Hunedoara Energy Complex (CEH) decided late on Monday company’s insolvency. Voluntarily insolvency application has been already submitted on Tuesday. A file with 18 creditors’ requests for CEH insolvency was submitted…

The financial situation of Hunedoara Energy Complex (CEH) is disastrous and it could even get to company's bankruptcy, which would create huge social problem in the Jiu Valley, Energy minister Victor Grigorescu wrote on Monday on his…

Energy Ministry will send a notification to the European Commission next week through which the rescue aid for Hunedoara Energy Complex (CEH) will be converted into restructuring aid, a press release informs. Thereby, this kind of aid…