CET Govora files for insolvency

CET Govora, the state-owned electricity and heat producer, has filed for insolvency, business-review.eu informs. The company was a supplier for several cities, including Ramnicu Valcea. CET Govora has debts of around EUR 200 million for the coal it got from another state-owned company, Complexul Energetic Oltenia. The company also has to recover money. For instance, it should receive RON 137 million from ...

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