Last chance for Huta Czestochowa to pay its zl. 94 million electricity bill

The Polish Power Grid (PSE) looks set to cut off energy supplies to Huta Czestochowa (HC), a steel mill that owes them about zl. 94 million. Ye sterday representatives of HC sent a letter to PSE in which they declared that they would pay a part of their debt in a week. Unofficial sources quoted by Puls Biznesu said that PSE would wait for that promise to be kept, but if it is not, they will not give HC a second chance. However, HC a dmitted that they are unsure where the money is to come from and so fear the worse. Without energy, production will stop and the mill's 2,000 jobs could be endangered. "We do not want to be a cause of the steel mill's bankruptcy, but the outstanding bill must be paid," said Regina Wegnerowska, a spo keswoman for PSE. It is not known if the government will grant financial support to the steel mill. (Puls Biznesu, pp. 1, 5) A.D.