July 23, 2014 11:39 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Societatea Comerciala Complexul Energetic Hunedoara SA

Company Overview

Societatea Comerciala Complexul Energetic Hunedoara SA offers coal mining and power generation services. The company was founded in 2012 and is based in Vulcan, Romania.

Str. Paroseni nr. 20

Vulcan,  336520

Romania

Founded in 2012

Phone:

40 25 423 6407

Fax:

40 25 423 6404

Key Executives for Societatea Comerciala Complexul Energetic Hunedoara SA

Societatea Comerciala Complexul Energetic Hunedoara SA does not have any Key Executives recorded.

Societatea Comerciala Complexul Energetic Hunedoara SA Key Developments

Update On Hunedoara Privatization

The economy ministry of Romania said that three consortia have submitted offers to advise the sale of 51% stake in Societatea Comerciala Complexul Energetic Hunedoara SA by the government. Bids have been received from a consortium comprising Deloitte Consultanta and Musat si Asociatii, a partnership of PricewaterhouseCoopers Management Consultants, PricewaterhouseCoopers Audit and D & B David si Baias and an association of KPMG Romania, Tuca Zbarcea si Asociatii and KPMG Advisory. The offers will be assesses and winner will be announced. Romanian government plans to privatize Hunedoara through a capital increase by a sealed tender combined with a public call tender.

Complexul Energetic Hunedoara Plans IPO

Complexul Energetic Hunedoara plans to sell a majority stake in initial public offering, a government draft decision showed. The government of Romania fully owns Complexul Energetic Hunedoara. The sale price of the newly issued shares will not be lower than their face value. Romania plans to issue shares equivalent to 105% of Hunedoara's share capital.

Potential Privatization Of Hunedoara Power

According to a draft privatization strategy made public on the Economy Ministry website, The Hunedoara Power Company (HPC) could be privatized by selling a block of newly-issued shares by public offer of increasing the share capital by a 105% of its existing capital. After such capital increase, the entire block of newly-issued stocks will be put to underwriting by methods specific to the capital market. The privatization of HPC will be prepared and conducted by the Economy Ministry via the Office of the State Industry Privatization and Shareholding. HPC will also take the required steps for trading on a regulated market administered by the Bucharest Stock Exchange.

Similar Private Companies By Industry

Company Name Region
S.C. Pirelli & C. Eco Technology RO SRL Europe
Bulf Drilling & Oil Servicii SRL Europe
Unicom Holding S.A. Europe
Lukoil Romania SRL Europe
Kartex Trading SRL Europe

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Societatea Comerciala Complexul Energetic Hunedoara SA, please visit --. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.