Publicly traded energy company E-Star may have to default on a EUR 4.9 million bond expiring on 24 October because the firm is having difficulties collecting from Hungarian municipalities. On Monday the company issued its monthly report noting that its suppliers are already demanding payments for amounts having a due date before the 24th. These latter issues are likely to be solved by the EUR 2.8 million sale of E-Star’s stake in vehicle parts manufacturer Rába, which was announced on Wednesday, but the sum will not be enough to cover the entirety of the expiring bond. E-Star, the heating provider of a number of towns, announced the cancellation of its contract with Hódmezõvásárhely in June and demanded the southeast Hungarian city pay its HUF 200 million (EUR 708,600) debt. The company noted at the time that it was planning similar steps with other municipal clients until autumn. Since then Nagydobos and Szamosszeg have also been taken to court.