German RWE eyes energy sector

Germany’s power group RWE is interested in acquiring two electricity utilities in Romania, but will not pay an over-assessed price for any of the companies the Romanian State intends to privatise.“We will take part in the privatisation of all three electricity utilities, and we want at least two of them, if the price is reasonable. Our talks with AVAS and with the Ministry of Economy indicated that the privatisation of branches is being planned, and we have already submitted letters of ...

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