Five years on, Bucharest Court of Appeal closes Hidroelectrica’s insolvency case – Business Review
Five years after the opening Hidroelectricas insolvency procedures, on 30 Marc 2017 the Bucharest Court of Appeal gave the decision no 125 in the case 22456/3/2012, closing definitively the insolvency proceedings of the most important energy producer in Romania. At the opening of procedures, Hidroelectrica had overall losses of over EUR 170 in the 2011-2012…