Alpiq acquires Romanian EHOL
Expansion in the electricity business in the Region South-East Europe
Following the acquisition of Buzmann Industries S.R.L. in 2007, Alpiq Holding Ltd. has further extended its sales activities in Romania. The Swiss energy concern took over the Romanian electricity company EHOL Distribution S.R.L. on 1 July 2009. The contractual partners have agreed not to disclose the price of the transaction.
Significant market share in the Romanian end-customer business
EHOL Distribution S.R.L. has its headquarters in Bucharest. The company employs 13 people and supplies medium to large industrial customers and distributor companies. EHOL has a significant market share in the Romanian end-customer segment and also provides energy services in the field of metering data provision. In the end-customer market, EHOL will operate together with Buzmann Industries S.R.L., which is active in the medium-sized industry customers' segment. The complete sales portfolio of Alpiq in Romania will be optimised in cooperation with Alpiq's Romanian wholesale trader, Atel Energy Romania S.R.L.
About Alpiq Holding Ltd.
Alpiq: Swiss roots - Commitment throughout Europe
Alpiq Holding AG is the leading Swiss energy trading company and the largest energy services provider with European orientation. The Group was formed at the beginning of 2009 through the merger of the two energy pioneers Atel Holding AG and Energie Ouest Suisse SA (EOS). In 2008, more than 10 000 employees in 26 countries generated a consolidated annual turnover of around 16 billion Swiss francs. Alpiq is active in the fields of electricity generation and electricity transmission, in energy sales and trading, as well as in energy services. The company is responsible for about one third of Switzerland's electricity supplies.
Further information about Alpiq under: www.alpiq.com