Tag: acquisition

MVM includes Romania in its expansion strategy – Hungary, 03 July 2020

CEO of state-owned Hungarian Electricity Works (MVM) Gyorgy Kobor said that Romania and Czechia, apart from western Balkans, are among countries with potential acquisition targets for the company. Last week, Romanian media reported that MVM is among the companies which submitted binding bids for Full article available for subscribers of Energy NEWS service (PDF publications, […]

CEZ reportedly received five binding bids – Romania, 30 June 2020

India Power Corporation, state-owned Hungarian eelectricity Works (MVM), German utilities group E.ON and the German financial services group Allianz, along with state-controlled consortium Hidroelectrica-Electrica-SAPE, have reportedly submitted binding bids for the purchase of Romanian assets of Cz Full article available for subscribers of Energy NEWS service (PDF publications, energy news, analyses, power and trading data, […]

Government allowed Hidroelectrica to bid for CEZ assets – Romania, 26 June 2020

The Romanian Government, as a majority stakeholder in electricity producer Hidroelectrica, gave the company an approval to submit a binding offer for the purchase of Romanian assets of Czech energy company CEZ. Subsequently, Hidroelectrica submitted the binding bid as part of a consortium consist Full article available for subscribers of Energy NEWS service (PDF publications, […]