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Romania: Transelectrica’s receivables to be recovered from the companies in bankruptcy proceedings

Romanian electricity transmission system operator Transelectrica said it had receivables in the amount of almost 9.8 million euros for the electricity transmission services and the largest amount – 5.5 million euros represent receivables to be recovered from companies which are in bankruptcy proceedings, primarily the Autonomous Authority for Nuclear Activities (RAAN) which owes 1.3 million euros, but also Romenergy Industries with 0.6 million euros, according to the statement from the company.

Regarding the companies in insolvency proceedings, 3.6 million euros has to be recovered, with the largest amount owed by PetProd 1.15 million euros, CET Govora – 370,000 euros and Fidelis Energy – 350,000 euros.

 

 

 

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