The court will decide at the end of the month if the company Euro Insol gets appointed judicial administrator of the Romanian energy company Complexul Energetic Hunedoara (CEH).
The Energy Ministry wanted to appoint Euro Insol as the producers judicial administrator. However, the representative of Romanias Tax Agency ANAF voted against this proposal in the creditors meeting held last week, arguing that a tender needed to be carried out to select the judicial administrator, reports local Agerpres.
ANAF is the main creditor of CEH, holding 78% of the companys debts. The insolvency house GMC SPRL is the producers temporary judicial adm…
Read the full article at: http://www.romania-insider.com/court-to-decide-who-will-manage-insolvent-romanian-energy-company/168934/