Issue 4279. Last Updated: 11/20/2009

Electricity Providers Face Bankruptcy

By Nadia Popova
Electricity suppliers across the country are cracking down as the number of delinquent private and corporate customers surges, as the dilapidated industry is mired in debt linked to unpaid consumer bills and the multibillion-dollar investment programs that investors signed onto during the privatization of Unified Energy System, which wrapped up just weeks before the financial crisis struck.

Subscribing to The Moscow Times online

To receive access to this service, you will have to register and subscribe.

If you have any difficulties with making payment please contact Yury Voloshin at payment@themoscowtimes.com



Discussion

Comments

print


 For bloggers



Most Read

  1. Russia Ranked No. 1 For Economic Crime
  2. United Russia Tripped Up in Tax Bill Debacle
  3. Inmates Abuse Suspect in $17M Theft
  4. Medvedev: Road Safety As Urgent As Recession
  5. Licensed to Kill
  6. Central Bank Averts $44M Pension Fund Heist
  7. State Lays Claim to Academic Society
  8. Terrorism on the Roads
  9. Court Ruling Shelves Death Penalty
  10. RusHydro to Manage Dam Alone