April 18 (SeeNews) - Romanian natural gas producer Romgaz [BSE:SNG] said on Friday it has taken to court Romanian state-owned electricity and heating energy producer Electrocentrale Bucuresti, ELCEN, over a debt of 240.28 million lei ($74.5 million/53.9 million euro)
The debt consists of 230.34 million lei representing late payment penalties, 5.33 million lei representing the legal interest for the unpaid amount of 61.25 million lei and 4.46 million lei representing the legal interest for the installments according to the payment schedule convention, Romgaz said in a statement.
The period for which penalties were calculated was from July 12, 2011 to January 31, 2013.
(1 euro=4.4575 Romanian lei)