ANAF launched the procedure for enforcement of Complex Energetic Oltenia (CEO) for a total state debt of 24.8 million lei accumulated by mid-year, of which most is the amount outstanding to the social security budget, 14.53 million lei, according to ANAF, writes Mediafax. The outstanding obligations to the state budget are totaling 5,692 million lei.

However, the CEO has debts of 3.993 million lei to the budget of health insurance and for the unemployment insurance, it did not pay approx. half a million Lei (572.035 lei).

CEO was established in 2012 by the merger of Complexul Energetic Turceni, Craiova and Rovinari with National Company of Lignite Oltenia Targu Jiu. The company produces 95% of lignite in Romania and can generate up to 30% of the domestic electricity consumption. The state-controlled company, through the Ministry of Energy has nearly 15,400 employees and 13 energy groups, encompassing 3,900 MW of installed capacity.

CEO realized in 2014 a turnover of 2.6 billion lei, and this year the number it ensured a budget of income and expenditure of 2.8 billion lei, up by 7.6%. CEO budgeted for this year and investments 870 million lei, a sum to influence cost reduction projects with emission certificates and to build a coal briquetting plant to obtain green certificates.

CEO: The company has no debts to the state budget

The complex categorically rejects the allegations of ANAF, saying that it paid in the first nine months, to the budget, 413 million lei and has no debts to the state budget. Only in September it has paid to the state budget the total sum of 66 million lei, shows CE Oltenia, shows a press release quoted by Mediafax.

“The fiscal attestation certificate issued by ANAF, on 24 September 2015 with 30 days validity, shows that CE Oltenia has the amount of 0 lei as liabilities and / or amounts to be repaid on 31.08.2015. CE Oltenia requested ANAF the issuance of a tax certificate with the existing payment obligations outstanding at that date, which will be made public later,” reads the release.

Society representatives argue that the power producer was never in a position to be seized by ANAF.

“CE Oltenia has not registered any outstanding payment obligations at the financing banks on the repayment of installments and interest and commission, as confirmed by them and the payment obligations to suppliers are within the deadlines for payment, according to the contractual obligations, representing current obligations”, say the representatives of the complex.