Both companies are part of German utility group E.ON.
Following the absorption of electricity distributor E.ON Moldova Distributie, E.ON Gaz Distributie will have a share capital of 773.2 million lei (EUR174 million). The company will be 61.79%-owned by E.ON, through its local subsidiary E.ON Romania.
Romania, through the Economy Ministry and state-run energy company Electrica SA, will hold a total stake of 19.85% in the distribution company, while investment fund Fondul Proprietatea (FP.RO) will own 18.34%.
E.ON Gaz Distributie provides distribution services for natural gas consumers in over 1.000 urban and rural settlements, through a distribution grid of over 20.000 km in the northern part of the country.
E.ON Moldova Distributie distributes electricity to customers in six counties in the northeastern region of Moldavia. (EUR1=RON4.4423)