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Correct functioning of prevention mechanisms - essential factor for preventing insolvency

Correct functioning of prevention mechanisms - essential factor for preventing insolvency
bursa.ro - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bursa.ro Daily Mail and Mail on Sunday newspapers.

Radu şi Asociații SPRL assisted Electrica in relation to the merger process of its three distribution companies

Radu și Asociații SPRL provided legal assistance to the Electrica group regarding the merger process through which Societatea de Distribuție a Energiei Electrice Transilvania Nord S.A. absorbed two other distribution companies within the group: SDEE Transilvania Sud S.A. and SDEE Muntenia Nord S.A. Following the merger, a single company continues to exist, respectively, Distribuţie Energie Electrică Romania S.A. (DEER). As of the 1 st of January 2021, DEER offers services in 18 counties, in three geographical areas of the country, towards 3.8 million users. Thus, the new company becomes the most important national electricity distribution operator, with a coverage of 40.7% of Romania.

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