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Romania : EUROPEA ENERGY COMMUNICATIONS acquires TERMOELECTRICA assets for EUR 13.8 mln

July 31, 2014



Romanian state-owned energy producer, Termoelectrica s several assets of bankrupt were auctioned for EUR 13.8 million.

The assets consist of the Doicesti thermal power plant in Dambovita county and auxiliary assets, including some residential buildings and a club.

Europea Energy Communications SRL acquired the assets. The firm was founded this year, which is majority owned by a company registered in Czech Republic, European Communications SRO.

The auction was arranged by Musat & Asociatii Restructuring &Insolvency, which is part of the Musat & Asociatii law firm. The firm organizes Termoelectrica s liquidation, which was determined by the company s shareholders in March 2013.


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Source: TendersInfo (India)


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