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Hunedoara is establishing an Energy Complex

Date: 14/10/2011

The Government decided to set up Hunedoara Energy Complex and Oltenia Energy Complex.

Hunedoara Energy Complex will involve the merger of „Electrocentrale Deva" and „Electrocentrale Paroseni" and will have as a main activity the production and supply of electric and thermal energy and the exploitation of coal mines.

According to Government decision, Hunedoara Energy Complex will take over all the rights and obligations of the former companies that will merge. Hunedoara Energy Complex will participate in the auction that will be organized in order to acquire the viable assets of Petrosani National Coal Company, M.E. (mine exploitation) Lonea, M.E. Livezeni, M.E. Lupeni and M.E. Vulcan, The Central Station of Mine Rescue and the administrative part of the National Coal Company.

"Complexul Energetic Hunedoara S.A." will be in accordance with the Law no.31/1990 on commercial companies, republished with subsequent amendments. By making this complex, Hunedoara County will become a more important player in the national energy sector and will create the premises for the development of this activity.

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