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LIPETSK ENERGY INDUSTRIES PREPARING FOR AUTUMN BANKRUPTCY

An audit conducted at Lipetsk City Energy Company JSC (LCEC) showed a decline in financial performance in almost all areas. The company ended 2020 with a loss of 127.8 million rubles.... ... 216 million rubles to the three municipal enterprises that founded LCEC. The organization has 96.8 million rubles debts to the Lipetsk aeration station. Accounts payable in 1.4 billion rubles are almost 200 million more than accounts receivable. The head ...

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