E.ON Romania representatives said that the joint venture targets to provide specialized services for both household and industrial consumers.

According to E.ON Romania chief executive officer Frank Hajdinjak, the joint venture with Adrem Invest will become operational in May.

Engineering company Adrem, which is also involved in power production projects, is controlled by Romanian businessmen Corneliu and Adrian Bodea.

In 2013, E.ON Romania reported a consolidated turnover of 4.65 billion lei (EUR1.05 billion), down 10.5% compared with 2012.