One billion euros in business for energy traders

Energy traders earned some 1 billion euros last year, double year-on-year, and posted net profits totaling 50 million euros, according to balance sheets published by the Ministry of Finance, and centralized by daily Business Standard. Top energy traders are mostly local companies, but the situation could change once E.ON Germany and CEZ Czech Republic, two of Europe's largest companies in the field, come onto the Romanian market. The two giants bought branches of state-owned energy supplier ...

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