ELCEN might discontinue hot water supply to Bucharesters as of October
Publicat:Sierra Quadrant, the judicial administrator of electricity and heat producer ELCEN Bucharest, will call the creditors' committee to decide whether the company should stop the delivery of heating agent to the public heat distribution corporation RADET starting in October, Sierra Quadrant said in a Wednesday release.
"Following the refusal of the Bucharest City Hall to pay the subsidy to RADET, ELCEN's outstanding claims reached 217.5 million lei, of which 110.3 million past the 90-day due date. Under the given circumstances we inform you that Sierra Quadrant will call ELCEN's creditors'…
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