14:13, 21.07.2008 Bucharest Heat Distributor RADET Might Halt Hot Water Supply Over Debts

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BUCHAREST / 14:13, 21.

07.2008 Bucharest thermal power distributor RADET might halt hot water supply in the capital city as of Jul 23, over debts of 700 million lei (EUR1=RON3.5474) dating back from 1996, the manager of Bucharesta€™s energy regulator AMEREB, Tudor Popescu, said Monday.RADET’s accounts were frozen two months ago and could not pay its historical debt to suppliers, Popescu said.RADET was sued by Bucharest’s electric power producer Electrocentrale (ELCEN) for a debt that...

Read the whole story in: Mediafax

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