30 April 2001

Fewer companies are compensating their debts (Romanian Business Journal)

The Government changed, by emergency ordinance EO 95/2000 regarding the writting off of some debts of economic agents supplying products and performing services for the public institutions in the national defence system, public order and national security, as well as the annexes of this regulating document. The maximum value of the purchased products and services from all the 141 companies included on the list amounts to 2,182 billion lei, as compared to 6134 billion lei as provided in Ordinance 95 (Ministry of Internal Affiars -1,027 billion lei, MApN - 830 billion lei, SRI - 38.3 billion lei, SIE - 48.4 billion lei, SPP - 24.5 billion lei, STS - 104.8 billion lei, DGP - 109.2 billion lei).

The list including the suppliers of products and services paid by writting off some debts to the state budget counting 141 companies also has SC ARO Sa Campulung (with a maximum value of bought products and services of 49.1 billion lei), SC UAMT SA Oradea (with 37.5 billion lei), Tractorul UTB SA Brasov (with 46.2 billion lei), SC Roman Sa Brasov (with 72.5 billion lei), SC Romcif Sa Fieni (with 24.2 billion lei), SC Acumulatorul SA (with 21.045 billion lei), Conel/SC Electrica SA (with 272 billion lei ), SC Tofan Group SA (with 42 billion lei), SC Turbomecanica SA (with 23 billion lei), SNP Petrom (with 700 billion lei), SN Romgaz/Ditrigaz Sud B (with 398.2 billion lei). Companies such as Daewoo Auto Trading, Zerox Romania, Romtelecom, Ericsson Romania, General Electric, Radet, RGAB, SNCFR are no longer on the new list of the emergency ordinance.

According to the Emergency Ordinance 232/2000, the debts to the state budget due until December 31,1999 and unpaid by the economic agents supplying products and services for the public institutions of the national defence system, public order and national security will be written off by compensation with the sums afferent to the purchase of goods and services contracted with these public institutions until December 15,2000, within the limits provided for each supplier and beneficiary institution.


JOURNAL-CODE: WRBJ
LOAD-DATE: April 30, 2001

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