Expert Insolventa SRL, as judiciary administrator of Hunedoara Energy Complex Company is in insolvency procedure, transferred shares to the Energy Ministry by completing the mechanism mentioned by Emergency Order 60/2019, the company informs in a press release. This transfer and the sale of Mintia Thermopower Central of December 2022, represent the biggest restructuring of a company of straegic importance made in Romania, with the continuation of activity and ensuring most jobs. The transfer value is over 1 billion lei, reported to the market value established in insolvency procedure. According to Emil Gros, coordinating associate of Insolvency Expert SPRL, once the procedure provided by OUG 60/2019, the transfer of all functional energy and mining shares which serve the activity of Paroseni Power Plant and of subsidiaries Onea, Livezeni, Vulcan, Lupeni and Prestserv is ensured. At the same time, the present staff is transferred ti the new company Valea Jiului Energy Complex, ensuring electric energy supply, as well as the continuation of activity within the National Electroenergy System. Thus the activity of SCEH stops without socio-social impact and its entering banckruptcy will be decided in court.
The SIGNAL IDUNA companies concluded 2024 with a total gross written premium volume of approximately RON 424 million, marking an aggregated growth of 16% compared to the previous year. These financial results reflect the consolidation of a sustainable development strategy, supported by portfolio expansion, digitalization, the launch of new solutions for both individual and corporate […]
Kantar Romania launched, during an event dedicated to their clients, "The Trust Factor – Building Brands That Endure Uncertainty", the top 20 brands that manage to inspire the greatest confidence among the Romanian consumers, based on the analysis of 162 brands from 12 sectors*. In a period marked by uncertainty and skepticism, trust becomes the […]
Balancing career success with personal growth is a challenge many professionals face today. As the pressure to achieve and perform increases, many begin to crave more than just success: they want clarity, alignment, and a deeper sense of purpose. For Lin Holmquist, business coach and one of Europe’s most acclaimed experts in Tantra, Yoga, and […]
CFR Călători, the state-owned railway company for passengers, announced that the first train entirely made up of rolling stock modernized with funds from the EU-backed Recovery and Resilience Fund (PNRR) was introduced on the Bucharest North – Constanța route. The train, which is already running, consists of a locomotive delivered by the Softronic factory in […]
The first edition of Urban Habits (nUH), a festival aiming to be “a space for ideas, debates, co-creation, and experimentation,” takes place between April 26 and April 27 at Lokal and on Erou Ion Călin Street, which will be temporarily transformed into a pedestrian space. The program will address themes ranging from innovation, design, and […]
Mall Moldova, the largest shopping center in the Moldova region, officially opened on April 17 in Iași, covering 110,000 sqm. Developed by Prime Kapital, in partnership with MAS P.L.C., Mall Moldova is part of a large-scale investment plan carried out by the two investors in Iași, worth approximately half a billion euros, which also includes […]
