Conversion of Srbijagas' EUR 56 million debt to public debt

Srbijagas CEO Dusan Bajatovic said Wednesday (10 July 2013) that a debt of EUR 56 million of that public company would be converted to public debt by the year's end.

While touring the underground gas storage in Banatski Dvor, he told the press that Srbijagas' real debts would be divided into those payable from current revenues and outstanding receivables and those to be converted to public debt.

Bajatovic said that Srbijagas' debts totalled about EUR 1.1 billion.