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ESTAR: strona spółki
2.09.2019, 9:04

EST raport o operacjach w Rumunii

ENEFI Energy Efficiency Plc hereby informs its Honourable Investors on the basis of the
notification from the Romanian operations as follows: The Târgu Mures Tribunal made the following judgement without explanation out of hearings today in the repeated hearings of the suit between E-Star Mures Energy (Mures) and the Municipality of Târgu Mures for the compensation of damages: - The application of the Municipality to conduct repeated hearings is refused. - Th objection of the Municipality against the positive price assessment of the price-control authority (ANRSC) is refused. - The claim of E-Star Mures Energy SA is partially approved and the Municipality is obliged to pay the following: 1. Non-depreciated amount of investments amounting to RON 3,527,038.56 and the corresponding default interest amounting to RON 322,895.49. 2. Concession fee of RON 7,736,491 and the corresponding default interest amounting to RON 466,553.39. 3. Distant heating subsidy of RON 2,656,318 and the corresponding default interest amounting to RON 498,991.60. 4. Institutional district heating consumption of RON 707,425.64 and the corresponding default interest amounting to RON 158,456.65. (total approx.: HUF 1,122,620,032) - Other claims are refused as unfounded. - The Municipality is obliged to pay RON 20,000 as costs of litigation. - Term for appeal is 15 days from the date of reception of the decision with explanation. The Company sees today’s decision as a milestone however it is emphasised that - the above amounts do not include the default interests due on the above amounts from the commencement of the lawsuit (2013) until payment which is a very significant amount (approx. HUF 566.766.000), - the Company does not completely agree with the decision since the non-depreciated amounts of investments were set at RON 8,154,628.56 taking the specialist opinions into consideration and the court of justice completely refused the compensation and interests of RON 49,645,937 which is clearly due to Mures on the basis of the concession agreement according to the viewpoint of the Company. Mures is waiting for the disclosure of the decision with explanation and is expected to exercise its right for remedy against the decision due to the above.

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