Swiss energy group Repower has been operating on the Romanian market since 2007, supplying electricity to small and mid-sized companies. On July 25, 2016, Repower announced the sale of its Romanian operations, including the transfer of its local team, to MET Group.
The transaction is part of Repower’s strategy to realign its business model, namely, to focus on the Swiss and Italian markets. The transaction was completed on November 8, 2016. MET Group will continue Repower operations on the Romanian market.
MET Group operates on the European energy trading market. The company is present in 12 countries through its own branches, operates on 26 natural gas markets and also operates 19 international trading centers, with volumes exceeding 16 billion cubic meters.
Repower AG, headquartered in Poschiavo, Switzerland, is an international group operating in the energy sector, mainly on the Swiss and Italian markets.