EON
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German Group Allianz Buys 30% Of Shares Of E.ON Distributie Romania
German group Allianz is acquiring a 30% stake in E.ON Distributie Romania, one of the two leading natural gas distributors on the Romanian market, and the transaction is to be completed by the end of 2016, Allianz said in a statement on Friday.
E.ON Earnings In Romania Higher In 3Q On Gas Tariff Increase In 2014
German utility group E.ON Wednesday said that the Romania regional unit’s EBITDA rose in the third quarter, supported by the positive effect of tariff increases in the gas distribution busin...
Romgaz And E.ON Sign RON11M Gas Storage Contract
E.ON Energie Romania SA, one of the largest natural gas distributors in Romania, has signed a RON10.99 million gas storage contract with state-run gas producer Romgaz Medias.
E.ON 9-Month Earnings In Romania ‘Significantly’ Higher On Year
German utility group E.ON Wednesday reported a substantial increase in its nine-month earnings in Romania over the year earlier period, helped by wider gross margins in the retail segment an...
Romania Extends Expiration Date Of Preference Shares In Electrica Units
Romania’s government Tuesday has extended until December 2013 a privatization clause allowing the employees of power producers Electrica Moldova and Electrica Oltenia to buy stakes of up to...
Richest Energy Companies In Romania Have EUR1.5B In Their Accounts
Privatized energy distributors have in the past few years become some of the richest companies in Romania, with their profit margins climbing to over 20%, compared with margins of under 5% i...
Deutsche Telekom, Bayer And E.ON To Float In Bucharest June 21
Germany’s telecom operator Deutsche Telekom (DTE.RO), drug maker Bayer (BAYN.RO) and utility E.ON (EOAN.RO) will be floated in Bucharest on June 21, the market operator said Friday.