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Selgros, Metro, Mega Image and Carrefour summoned in court to pay their debts

de Radu Rizea     HotNews.ro
Joi, 29 mai 2008, 7:49 English | Top News

The recent Toneli-Metro case is not the only one of its kind in Romania and seems to be, in fact, one of the episodes of the war between producers and retail chains. Companies such as Selgros, Mega Image, Carrefour or Altex have been summoned in court by producers, who try to recover millions of euro in debt. Producers' representatives say that the retailers refuse to pay their dues because they use the money for financial speculations. On the other hand, producers go in court only in extreme situations, otherwise fearing that the retail chains will cease ordering their products.

Another case, similar to Toneli-Metro, is the lawsuit Rio Bucovina opened against Carrefour Romania for an alleged 140,000 euro debt. Rio Bucovina has a 20 million euro business figure in 2007. Carrefour refused for months to pay its bill, company officials say. Still producers prefer to ask in court for their money, not the bankruptcy of the debtor, as it happened in the Toneli - Metro scandal.






















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