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http://www.businessweek.com/news/2012-12-03/romanian-hidroelectrica-resumed-full-power-supplies-this-month

Bloomberg News

Romanian Hidroelectrica Resumed Full Power Supplies This Month

December 03, 2012

Hidroelectrica SA, Romania’s state- owned hydropower generator, said it has resumed power supplies at full capacity after river water levels improved.

Hidroelectrica ended a force-majeure clause it activated for its contracts with companies such as Alro SA (ALR) on Dec. 1, the company said in an e-mailed statement today.

The company, which cut electricity supplies between October 2011 and April 2012 and for another three months from August because of a prolonged drought, has been under an insolvency procedure since June as part of a government restructuring plan.

To contact the reporter on this story: Andra Timu in Bucharest at atimu@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net


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