Tag: debt

PPC’s unpaid receivables still at 2.77 billion euros – Greece, 2 August 2018

CEO of Greek Public Power Corporation (PPC) Manolis Panagiotakis said that the debt collection company Qualco managed to collect about 25 million euros of unpaid receivables from a total of 180 million euros owed by 65,000 customers selected for the pilot program awraded to Qualco. Panagiotakis stressed that the results of the pilot program are […]

Accumulated loss of Brod refinery surpassed 300 million euros – Bosnia and Herzegovina, 20 March 2018

Oil refinery in Bosanski Brod, owned by Russian company NefteGazInkor, continues to operate negatively and accumulate losses, which have now exceeded 300 million euros. According to audit report for 2017, Brod refinery operated negatively in the last year as well, recording a loss of 7.7 million euros, so accumulated losses reached a total of 312 […]

Unpaid electricity bills amount to 127 million euros – Montenegro, 27 February 2018

Montenegrin power utility EPCG announced that the debt of Montenegrin households for consumed electricity at the end of 2017 amounted to 127.36 million euros. The statement for EPCG said that the trend of debt in the households category is in the decline, compared to last year. The highest amount of debtors is concentrated in municipalities […]