“We saw growth of 11% of our natural gas division last year because of the high consumption due to the long and cold winter and of 10% of our electricity division,” said Frank Hajdinjak, chief executive officer of E.ON Romania.
E.ON’s goal is to increase the number of customers and hopes to see sales up to more than RON5 billion in 2016, he added.
E.ON is one of the ten foreign groups to overshoot the EUR1 billion sales mark in Romania. Hajdinjak did not say anything about last year’s profit or profit margin.
E.ON officials on Tuesday announced the investments made last year stood at RON433 million, the highest level in the past few years, and were directed mostly to upgrades of the natural gas and electricity distribution networks.
Investments in 2016 should amount to EUR90 million-EUR110 million, E.ON Romania’s CEO said.
(English version by Loredana Fratila-Cristescu)