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Irish company Bright Energy files for bankruptcy

... according to the Central Office for Statistics. The skyrocketing fares even prompted the government to offer citizens a special discount of €100 in March 2021 to normalize the situation. Experts note that there are still 15 electricity suppliers and 8 gas suppliers in the domestic market of the country. All of them offer a wide range of tariffs and options. Thus, Bright Energy customers will be able to choose any of the companies within 20 working days or remain the customers of Electric Ireland. The Irish Times, which reported on the incident, notes that so far the situation in the Irish market is a little better than ...

Three more energy suppliers collapsed in UK

The sharp rise in gas prices triggered a wave of bankruptcies of energy suppliers in the UK. The day before, three more firms declared their insolvency - as a result, over 230 thousand customers were left without suppliers. Last Wednesday, three UK energy companies - Igloo Energy Supply Ltd., Enstroga Ltd. and Symbio ...

SMALL AND MEDIUM BUSINESSES IN GERMANY ON THE VERGE OF BANKRUPTCY DUE TO FUEL PRICES

The rapid rise in energy prices has jeopardized the work of companies in Germany. However, the problem does not only concern gas stations and the transport sector. According to local experts, existing taxes on electricity and the protracted reform of the public transport fare system could lead to bankruptcy of significant number of entrepreneurs. According to the NEOPresse ...

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