North Cyprus News | Online News for North Cyprus

Kib-Tek finances improved

Kib-Tek finances improved

January 10
20:51 2013

The determined action of the electricity workers union, EL-SEN which chased down major non payers of electricity bills has produced startling results.

Over a short period of time, TL 57 million has been collected. During the first two weeks of December 2012, TL 15 million was collected but this doubled to TL 32 million for the last two weeks of December 2012.

However there is still a long way to go with unpaid bills still very high at TL 425 million. Bank loans total TL 316 million.

 

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