Romania: State aid for closing mines in Hunedoara energy complex
State-owned power producer Complexul Energetic Hunedoara may get a state aid worth RON 184.3 million (EUR 39.5 million) this year to close the Lonea and Lupeni coal mines, which are uncompetitive.
The state aid will come from the state budget, via the Energy Ministry, which controls the power producer.
The exploitation of the two mines will close at the end of this year. The Lonea mine will be closed by end-2020 while the Lupeni unit will be closed by end-2021. The two mines are among the oldest coal mines in the Valea Jiului mining area.