The Swiss company bought an 80% in the Romanian electricity supplier from businessman Ion Grecu.
Repower is listed on the SIX Swiss Exchange and it is active in Switzerland, Italy, Germany and Eastern Europe. In Romania, the company has been active since 2007.
The Repower group has some 700 employees and it has achieved sales of some CHF.2.3 billion last year.
With a market share of 5%, Elcomex EN delivered some 1.25TWh of electricity last year, and posted sales of more than EUR80 million.