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One of the Largest Energy Suppliers in Romania Asks for Insolvency After Shutdown of Cernavoda Reactors

Summary by REALITATEA.NET
Getica 95 Com, one of Romania's leading electricity suppliers, called for insolvency, after the shutdown of the Cernavoda nuclear power plant left the company without the energy it was buying from Nuclear Power. The firm must now purchase electricity from the market at much higher prices in order to be able to comply with its contracts with final customers.

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Getica 95 Com, one of Romania's leading electricity suppliers, called for insolvency, after the shutdown of the Cernavoda nuclear power plant left the company without the energy it was buying from Nuclear Power. The firm must now purchase electricity from the market at much higher prices in order to be able to comply with its contracts with final customers.

Getica 95, one of the main electricity suppliers in Romania, requested entry into insolvency after the shutdown of the nuclear power plant at Cernavoda left the company without the quantities of energy contracted from Nuclear Power. The firm claims that the losses accumulated in about two and a half months have reached 230 million lei. The request ... Article One of the largest energy suppliers in Romania asks insolvency. Losses of 230 million l…

Getica 95, one of the largest electricity suppliers in Romania, called for entry into insolvency, after stopping the plant at Cernavoda... The post Energy supplier, pushed to insolvency after stopping the plant at Cernavoda appeared first on Special Arad · the latest news from Arad.

The shutdown of the Cernavoda power plant has led to a chain effect on the energy market. Getica 95, Romania's sixth energy supplier, applied for insolvency after having had to buy from the market the energy it purchased from Nuclearelectrica.

·Romania
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Getica 95 Com, a company founded and controlled by businessman Viorel Tutuse and one of the largest suppliers of electricity on the competitive market, called for the opening of the insolvency proceedings. The company reported losses of 87.6 million lei last year, at a runoff of about 1.6 billion lei, informs Profit.ro. ... Article Shock on the energy market: Getica 95 Com, one of the largest suppliers in Romania, asks for insolvency after massi…

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Colaps on the energy market: Getica 95 asks for its insolvency, after collecting huge debts and record losses The company that keeps, among other things, the lights lit in the city of Constanta, in the port or at the County Hospital, asked for its insolvency. It is about Getica 95, the same that sued...More ...

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financiarul.ro broke the news in Romania on Saturday, October 3, 2026.
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