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Romanian Termoelectrica To Be Stripped Of Assets – Econ Min

Romanian state-owned power producer Termoelectrica will go bankrupt once the “viable” assets are externalized, but the company’s debts to the state budget cannot be paid, Economy Minister Adriean Videanu said Tuesday.
Romanian Termoelectrica To Be Stripped Of Assets - Econ Min
11 mai 2010, 12:22, English

Termoelectrica assets considered „viable” include the Paroseni, Galati, Braila, Borzesti and ELCEN Bucharest plants.

Termoelectrica is involved, along with several European power companies, in the construction of several production units. The development for these units will be decided in September.