Hungarian state company MVM and Germany's E.ON Group have reached an agreement on Dec. 16 for the acquisition by MVM of E.ON's energy retail and customer solutions business in Romania, according to an announcement by E.ON.
Delgaz Grid, German utility group E.ON's natural gas and electricity distribution company in Romania, said Thursday it is prioritizing the automation of its electricity distribution infrastructure.
Delgaz Grid, German utility group E.ON's natural gas and electricity distribution company in Romania, Delgaz Grid, plans to invest nearly RON1 billion by 2023, in upgrading local networks, of which RON7.7 million from EU funds.