ELCEN is the producer and supplier of heating distributor RADET, in charge with heating supply in capital Bucharest.
Former Energy Minister Andrei Gerea announced Tuesday the signing of the contract between Romgaz and ELCEN and gave assurance that Bucharest citizens won’t be left without heating and hot water this winter.
Romgaz warned in October that it will cease natural gas supplies to ELCEN on November 16, unless the latter comes up with a firm debt settlement program.
On Monday, Bucharest General Council approved the contracting of a loan worth RON248 million from the Finance Ministry, to pay the current expenses for heating supply.