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Moldovagaz, on the Verge of Bankruptcy: Debts of 14.6 Billion Lei Are Weighing on the Company
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Moldovagaz is at risk of insolvency, according to an analysis carried out by the Ministry of Finance, which assessed the economic and financial situation of the company. The authorities concluded that the burden of debts, especially those to "Gazprom", endangers the company's ability to honor its long-term obligations. According to the analyzed data, Moldovagaz's total debts amount to 14.6 billion lei, and over 10 billion lei represent obligatio…
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