Oltchim Dodges Blackout As Contract With Electrica Ends But Lights Stay On
Romanian electricity supplier Electrica on Tuesday terminated its electricity supply contract with chemical company Oltchim (OLT.RO), and deliveries to the plant were taken over by Electrica Furnizare, an Electrica branch, people close to the matter told MEDIAFAX.
“Electrica terminated the contract with Oltchim Tuesday. The chemical plant was taken over by Electrica Furnizare, an Electrica branch, thus the electricity supply was not cut,” the sources said.
Electrica representatives could not be reached for comment.
Contacted by MEDIAFAX, Oltchim general manager Constantin Roibu said only that the electricity supply was not ceased.
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