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PPC’s subsidiary firm granted trading license

June 26, 2015 | Comments: 0Author:

Greece’s main electricity utility Public Power Company (PPC) said its subsidiary firm established in Bulgaria has been granted a trading license by the neighbouring country’s regulatory authority for energy.

The subsidiary, which PPC controls with an 85% stake, was founded by the Greek electricity corporation as part of its wider strategy to enter markets in Southeastern Europe, Energy Press portal reported.