Repower buys electricity trader Elecomex
Thursday, June 24, 2010
Repower, a Swiss group with over one billion euros in business, bought 80% in electricity trader Elcomex EN, held by Constanta-based businessman Ion Grecu. Little is known about Ion Grecu, the chairman of the Elcomex group, which includes Elcomex EN, with the Constanta press saying that he is one of the richest Romanians in the seaside region, who has multiple contracts in progress with the Cernavoda nuclear plant and who also enjoys a lot of political support.Elcomex EN got the ...