MVM Group to Acquire Majority Share in E.ON Energie Romania

MVM Group has agreed to purchase a majority share of E.ON Energie Romania from E.ON SE. This acquisition includes a 68% stake in E.ON Energie Romania and a 98% share in E.ON Asist Complet. E.ON Energie Romania serves approximately 3.4 million customers and is a key provider of gas and electricity in the region.

E.ON's decision aligns with its strategic focus on sustainability and digitization. The sale allows E.ON to shift its attention to critical areas supporting the European energy transition. MVM aims to expand in Central and Eastern Europe, enhancing its regional presence through this deal.

The completion of the transaction is expected in the first half of 2025, pending approvals. MVM's CEO, Károly Mátrai, emphasized the significance of this move for MVM's growth and customer service continuity.