RADET Bankruptcy. Bucharest will receive hot water and heat


Ana Hateg,

The Bucharest Court of Appeal dismissed the appeals from the file and upheld the decision of the Bucharest Court of First Instance: RADET goes bankrupt, writes Mediafax.

Mayor Gabriela Firea announced, before the court decision, that “Regardless of today's sentence, the people of Bucharest will still have hot water and heat. We have taken measures early in order to guarantee the continuity of the heating agent in the Capital. I mention that a possible liquidation of RADET does not mean the disappearance of the district heating system, because the activity of the company will be taken over by the Municipal Thermo-Energy Company ”.

RADET supplies more than 560,000 homes and 4,900 homes
institutions and companies in the Capital. There are 1.2 million people
dependent on state control.

The authorities plan is for RADET activity to be
taken over by Termoenergetica, a municipal company established in this

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