E.ON AG
12/01/2008  23:15 h
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E.ON History 2004

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October

On October 21, 2004, E.ON Ruhrgas concludes an agreement with the Romanian Ministry of Economics and Commerce to acquire a majority ownership interest in Distrigaz Nord, a gas supplier. Distrigaz Nord operates 17,000 kilometers of pipe through which it supplies approximately 1 million customers with around 4.6 billion cubic meters of natural gas each year.

On October 28, 2004, E.ON Energie and the Bulgarian government sign an agreement enabling E.ON to purchase a 67 percent ownership in each of the two regional utilities Gorna Oryahovitza and Varna. With combined sales of almost 5 billion kilowatt-hours and roughly 1.1 million customers, the two companies together account for approximately 25 percent of Bulgaria's electricity market.
©E.ON AG 2008