Enel to complete the sale of its Romanian assets by the end of the year

Newsroom 26/08/2014 | 18:01

Enel confirmed on Tuesday it will sell its assets in Romania by the end of the year, according to Reuters Italy.

“The process (the sale of Slovakian and Romanian assets) is advancing in an orderly and structured fashion. We are at the moment when the first possible buyers are popping up. We are at the moment when the banks are cataloguing various offers. I believe the process will be concluded by the end of the year”, according to Francesco Starace, general director. 

Enel announced in July that it started the process of selling its energy distribution and sale operations in Romania and Slovakia, as part of a program to cut back expenses.

In Romania, Enel wants to sell 64.4 percent of Enel Distributie Munteia and Enel Energie Muntenia, 51 percent of Enel Distributie Banat, Enel Distributie Dobroga and Enel Energie, as well as 100 percet of Enel Romania.

 

BR Magazine | Latest Issue

Download PDF or read online: December 2022 Issue | Business Review Magazine

The December 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Xclusiverse: Going Beyond the Traditional Ways of Doing Business.”
Newsroom | 19/12/2022 | 18:45

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of business-review.eu
    I agree with the storage and handling of my data by business-review.eu
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue