E.ON: to sell activities in Romania to MVM

(CercleFinance.com) - MVM and E.
ON have reached an agreement for the sale of E.ON's energy retail and customer solutions businesses in Romania.

Under the terms of the agreement, MVM will purchase E.ON's 68% stake in E.ON Energie Romania and its 98% stake in E.ON Asist Complet.

E.ON Energie Romania is one of the largest gas and electricity suppliers in Romania, with around 3.4 million customers.

The transaction, which is subject to the necessary approvals, is expected to be finalized in the first half of 2025.

' The decision announced today follows an in-depth analysis that took into account the dynamics and impact of changes in the energy sector on E.ON's broader operations. The transaction will enable E.ON to focus on its most important strategic areas, in line with its goal of becoming the leader of Europe's energy transition. said Marc Spieker, E.ON's Chief Commercial Officer.

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