Romanian state-controlled energy company Hidroelectrica (BVB: H2O) will invest EUR 100 million and will contract works worth another EUR 100 million during 2024-2028 with the machinery producer UCM Resita after it purchased it and renamed it UCMH.<\/p>\n
UCM Resita produced the related equipment for over 80% of the national hydropower system, putting into operation over 6,325 MW of installed power, which represents 326 hydropower groups.<\/p>\n
On March 11, 2024, the contract for the sale of the UCMR business to UCMH, a newly established company whose sole partner is the state company Hidroelectrica, the largest electricity producer in the country, was signed.<\/p>\n
“Here at UCMH, the oldest industrial unit [in Romania], founded in 1771, 1,461 steam locomotives, including marine engines, and last but not least, more than 300 hydro-generators were manufactured. I would like to thank people for being patient during the 13 years of insolvency. Hidroelectrica means a new beginning,” said Hidroelectrica CEO Karoly Borbely, quoted by Economica.net<\/a>.<\/p>\n iulian@romania-insider.com<\/em><\/p>\n (Photo source: Inquam Photos\/Octav Ganea)<\/em><\/p>","protected":false},"excerpt":{"rendered":" Romanian state-controlled energy company Hidroelectrica (BVB: H2O) will invest EUR 100 million and will contract works worth another EUR 100 million during 2024-2028 with the machinery producer UCM Resita after it purchased it and renamed it UCMH. UCM Resita produced the related equipment for over 80% of the national hydropower system, putting into operation over […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-245","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=245"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/245\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}