Verbund, the largest Austrian utility company, is interested in entering the Romanian power generating marketVerbund, the largest Austrian utility company, is interested in entering the Romanian power generating market. The final decision will be made by the end of the year.
At the beginning of the year, OMV, Petrom owner, failed in its attempt to take over Verbund in exchange of EUR 13 billion because of the political opposition.
It is also until the end of the year that the completion is expected for the take-over process of the local communities of electrical plants from Galati, Constanta and Bucharest, according to Mircea Toader, State Secretary in Ministry of Administration and Internal Affairs (MAI).
Verbund the largest producer and distributor of electrical energy in Austria and the operator of the super-regional high-voltage grid of Austria with important connections to the neighbour countries in Central Europe.