Several assets of bankrupt Romanian state-owned energy producer Termoelectrica were auctioned for EUR 13.8 million. The assets include the Doicesti thermal power plant in Dambovita county and auxiliary assets, including some residential buildings and a club, a press release informs. The assets were bought by European Energy Communications SRL, a firm that was founded this year, which is majority owned by a company registered in Czech Republic, European Communications SRO. The company’s shareholders are Ukrainian businessmen. Musat & Asociatii Restructuring &Insolvency, which is part of the Musat & Asociatii law firm, organized the auction. The firm manages Termoelectrica’s liquidation, which was decided by the company’s shareholders in March 2013.
Thenjiwe Ethel Mtintso, the Ambassador of the Republic of South Africa to Romania: “Advances made by South Africa since 1994: Celebrating the Third Decade of Freedom through accelerating radical economic transformation”
Bogdan Aurescu, Romania’s Minister of Foreign Affairs: Romania, a long time partner of South Africa in its efforts to achieve a better tomorrow
Iohannis: Accession to Schengen and observance of Romanians’ rights, discussion topics in visit to Italy
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