Romania: E.ON explores options to sell the Romanian energy supply business

The German utility group E.ON is “exploring the option” of selling the electricity and natural gas supply operations in Romania because the risk-return ratio is deteriorating due to frequent changes in the energy capping scheme, announced Leonhard Birnbaum, E.ON’s CEO, speaking on the occasion of the Eurelectric Power Summit 2024 in Athens on May 21.

E.ON admitted that this option is being explored in March after local media reported that Romgaz might take over the local energy supply division of the German group.

E.ON stressed at that time in its press release that “no decision has been made yet.”

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