E.ON History 2005
April
The privatization agreement concluded between E.ON and the Romanian government paves the way for E.ON’s acquisition of a majority stake in regional utility Electrica Moldova S.A. With its portfolio of 1.3 million customers and electricity sales of around four billion kilowatt hours, Electrica Moldova has an 11 percent share of the country’s wholesale market. The acquisition is a further step in the implementation of the E.ON Group’s strategy of growing its Central and Eastern European business.
