Electrica Furnizare Transilvania Sud will hold an auction on May 6th, intended to sell off assets belonging to the Brașov Regional Division of the Romanian Railways Company in order to recover some of the outstanding debt of the latter. The assets are valued at 16.28 million lei (roughly EUR 4 million).
The assets put up for sale are a plot of land of 5,669 sqm, a worker hostel and new 5-storey building, all located in Braşov. The total outstanding debt of the Brașov Regional Division of the Romanian Railways Company to Electrica Furnizare Transilvania Sud stood at 280 million lei (67.8 million Euros).
Electrica Furnizare Transilvania Sud is a division of state owned Electrica, controlled by the Ministry of the Economy, Trade and Business Environment.
Ovidiu Vrânceanu, Braşov (Tradus de Cosmin Ghidoveanu)
Electrica Furnizare Transilvania Sud will hold an auction on May 6th, intended to sell off assets belonging to the Brașov Regional Division of the Romanian Railways Company in order to recover some of the outstanding debt of the latter. The assets are valued at 16.28 million lei (roughly EUR 4 million).
The assets put up for sale are a plot of land of 5,669 sqm, a worker hostel and new 5-storey building, all located in Braşov. The total outstanding debt of the Brașov Regional Division of the Romanian Railways Company to Electrica Furnizare Transilvania Sud stood at 280 million lei (67.8 million Euros).
Electrica Furnizare Transilvania Sud is a division of state owned Electrica, controlled by the Ministry of the Economy, Trade and Business Environment.
Ovidiu Vrânceanu, Braşov (Tradus de Cosmin Ghidoveanu)