Vladimír Urbánek (Kurzy.cz)
Czech markets  |  September 03, 2012 13:29:14

CEZ has problems with the payment discipline in Albania


According to the press today, CEZ Albania fairly serious problems. ČEZ local authorities levied an additional tax of 23 million euros = about 575 mil Controversial underpayment of VAT and income tax, however, was meted on electricity, which CEZ still get paid. Debtors, among other things, from the state-owned enterprises and municipalities, according to CEZ company now owes the equivalent of about 1.1 billion CZK Therefore ČEZ procedure Albanian authorities refused and threaten debtors by disconnecting the power supply. ČEZ once to such a radical step came and disconnected from electricity, some municipalities.
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