News

EBRD exits ownership over share in E.ON Romania

Published

January 5, 2016

Comments

0

Share

Published:

January 5, 2016

Comments:

0

Share

The European Bank for Reconstruction and Development (EBRD) sold its 9.82% stake in E.ON Romania, part of German E.ON Group, Romania Journal reported on its website. The company is an integrated natural gas and electricity supplier on the domestic market.

EBRD, which in 2007 bought E.ON’s shares for EUR 43 million, passed the stake to E.ON Beteiligungen GmbH, the majority shareholder of E.ON Romania, local media informed, citing information from the Official Gazette. Following the transfer, E.ON Beteiligungen holds a 99.92% stake in E.ON Romania.

Total value of shares transferred by the EBRD amounts to RON 141.83 million (EUR 31.27 million).

Related Articles

Electric car from Kragujevac, Serbia will cost EUR 15,000

Electric car from Serbia to cost EUR 15,000

01 December 2023 - The Pandina is the new, electric version of the Fiat Panda car, set to be produced in Kragujevac from next year

France-EDF-sells-Europe-first-green-bonds-nuclear-energy

France’s EDF sells Europe’s first green bonds for nuclear energy

01 December 2023 - French state-owned power utility EDF raised EUR 1 billion for nuclear energy through a green bond issue, the first of its kind in Europe

Greece launch first guarantees origin auction early January

Greece to launch first guarantees of origin auction in early January

30 November 2023 - The first guarantees of origin of electricity in Greece are reportedly planned to be auctioned in the first half of January

vulcan lithium Landau Zero Carbon Lithium Project

Vulcan opens Europe’s first fully domestic lithium production plant in Germany

30 November 2023 - Lithium extraction from salt water has a much lower environmental impact than projects at salt deserts and mines