Earnings before interest, tax, depreciation and amortization of other regional divisions increased by EUR24 million, especially driven by Romania, France and the E.ON Connecting Energies division.
Other regional divisions included France, Belgium, the Netherlands, Luxembourg, Slovakia, Romania, Italy and Spain, and E.ON Connecting Energies, which offers integrated distribution solutions. EBITDA fro this group of countries rose from EUR212 million in 2013 to EUR236 million last year.
On group level, EBITDA dropped to EUR8.3 billion last year from EUR9.2 billion in 2013.
The German utility group posted a net loss of EUR3.1 billion last year, due to provisions amounting to EUR5.4 billion set up in the UK, Sweden and Italy. In 2013, the group had a net profit of EUR2.5 billion.
E.ON’s natural gas sales to consumers and small and medium-sized businesses dropped to 93.3 billion kWh last year from 118.2 billion kWh, as gas deliveries were lower in Romania, the UK, Germany and the Netherlands, due to a mild winter season.
Revenues generated by the group’s sales dropped to EUR111.5 billion alst year, from EUR119.6 billion in 2013.
Investments in the group of countries that includes Romania increased from EUR179 million in 2013 to EUR184 million last year, driven by higher investments in the distribution network in Romania and a heating project in the Netherlands.
At the end of 2014, E.ON had 6,523 employees in Romania, from 6,903 in 2013, due to transfers among company divisions.
In Romania, E.ON operates in supply and distribution of electricity and gas, serving around 3 million customers in 20 counties in central and eastern Romania.