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EU Commission probes Romania's revised plan for CE Oltenia restructuring

Published by Global Banking & Finance Review

Posted on February 27, 2026

1 min read

· Last updated: April 2, 2026

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BRUSSELS, Feb 27 (Reuters) - The European Commission said on Friday it had opened an in-depth investigation into Romania's amended restructuring plan for state-owned lignite power holding company CE

EU Commission Opens In-Depth Probe of CE Oltenia Restructuring Plan

EU State Aid Review of Romania’s CE Oltenia Restructuring Plan

European Commission Launches In-Depth Investigation

BRUSSELS, Feb 27 (Reuters) - The European Commission said on Friday it had opened an in-depth investigation into Romania's amended restructuring plan for state-owned lignite power holding company CE Oltenia.

Assessment Against EU State Aid Rules

The Commission will assess whether the revised restructuring plan complies with EU State aid rules, it said in a statement.

Credits

(Reporting by Gianluca Lo Nostro; Editing by Sudip Kar-Gupta)

Key Takeaways

  • The Commission is scrutinising amendments to CE Oltenia’s restructuring plan under EU State aid rules, signalling heightened oversight of coal-to-clean transition aid when delivery milestones slip. (eulawlive.com)
  • The original Commission decision conditionally approved roughly €2.658bn in restructuring support (including grants, a state-guaranteed loan, a capital injection and Modernisation Fund support) for 2021–2026, subject to conditions and implementation commitments. (eur-lex.europa.eu)
  • Romania’s revised plan was notified in late 2025 and, according to reporting, seeks both higher aid (around €2.86bn) and an extension of the restructuring period toward 2029, citing delays in replacement gas/solar projects central to the decarbonisation path. (eulawlive.com)

References

Frequently Asked Questions

What did the European Commission announce about CE Oltenia?
It opened an in-depth investigation into Romania's amended restructuring plan for state-owned lignite power holding company CE Oltenia.
Why is the European Commission investigating Romania’s revised restructuring plan?
The Commission will assess whether the revised restructuring plan complies with EU State aid rules.
What type of company is CE Oltenia?
CE Oltenia is a state-owned lignite power holding company.
Where was the announcement reported from?
The report is datelined Brussels.

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