Romania Government OKs Merger Of Three Electrica Branches

Romanian state-run power distributor Electrica SA received the government’s go-ahead to merge three of its units into a single supplying company, named Electrica Furnizare, according to a Government decision approved Wednesday.The new company will include Electrica's units Transilvania Nord, Transilvania Sud and Muntenia Nord, the decision noted.Electrica Furnizare will mainly sell energy, but it will be able to unfold a series of connect activities as well.Transilvania Nord, Transilvania ...

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