Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Hidroelectrica, Alro in Talks Over Higher Power Prices, ZF Says

Feb. 10 (Bloomberg) -- Hidroelectrica SA, Romania’s state-owned hydro-power operator, is in talks with smelter Alro SA over raising electricity prices at least 10 percent, Ziarul Financiar reported, citing unidentified people close to the discussions.

Hidroelectrica plans to renegotiate a bilateral contract for selling power to Alro by Feb. 14 and a price increase may cost the aluminum producer an extra 36 million lei ($11 million), according to the Bucharest-based news paper.

Alro, majority owned by Vimetco NV, is being investigated by the European Union competition regulator for allegedly buying electricity from Hidroelectrica at below-market prices.

To contact the reporter on this story: Andra Timu in Bucharest at

To contact the editor responsible for this story: James M. Gomez at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.