Srpska fabrika stakla faces crisis again due to debts for fuel

(Photo: Aleksandar Parezanović)

Due to fuel debts Paracin-based Srpska fabrika stakla at this moment is closer to the extension than to continue operations, Blic reports.

The newspaper reminds that on Monday last deadline for settling debts to 'Srbijagas and Elektroprivreda Srbije which totals RSD 950 m expired but that the company did not receive at the account the funds announced from abroad.

According to signed protocol, the glass plant should start settling debts for fuel and to repay all debts until August 27 and on the contrary process of safe furnace shut down follows as well as electricity and gas.