Termocom asks customers to pay their bills

Termocom is calling on is customers in Chisinau to pay their overdue bills and thus make it possible for the utility to meet its debt-related commitments, Info-Prim Neo reports. A Memorandum signed on May 6 among Termocom, the gas supplier Moldovagaz, the steam utilities CET-1 and CET-2, the Chisinau City Hall and the Ministry of Economy enabled the former to have its bank accounts unfrozen. This allowed Termocom to start preparations for the 2011/2012 heating season. Termocom director Mihail Cernei told the City Hall's ordinary meeting on Monday that the customers' payment rate was 60%, which was exactly the rate of Termocom's payments to its suppliers. “We paid one hundred percent the gas bill. Until November 1, we are to settle the debt to CET 1 and CET 2, according to the schedule included in the Memorandum”, a spus Mihail Cernei. With its accounts unfrozen, Termocom has already fulfilled 10% of its 2011/2012 preparations plan. Termocom's accounts and assets were frozen as a security measure sought by the utility's creditors over historical debts of 1.5 billion lei accrued during 2002-2008.