E.ON Romania’s chief executive officer, Frank Hajdinjak said in March that gas demand would not increase this year unless investments were made by energy intensive consumers. As for electricity, he said he expected demand to increase on the household segment mainly, in the absence of any new large consumer.
Last year’s financial statements are subject to shareholder approval and were published in a report of Fondul Proprietatea (FP.RO), minority shareholder in the company. In 2014, E.ON Energie Romania posted RON5.3 billion operating revenue. The company also budgeted RON110 million net profit for 2015, 16% lower than the RON131 million of 2014 and the lowest in three years.
The company did not provide any comment on its financial estimates.
E.ON Energie Romania was formed in 2011, following the merger of electricity and natural gas suppliers E.ON Moldova Furnizare and E.ON Gaz Romania and serves 2.8 million customers in 20 counties in Transylvania and Moldavia. The group also has electricity and natural gas distribution operations.
(English version by Loredana Fratila-Cristescu)