Hungarian group MVM and E.ON have reached an agreement for the sale and purchase of E.ON’s energy retail and customer solutions business in Romania. Under the agreement, MVM will purchase E.ON’s 68% share in E.ON Energie Romania and its 98% share in E.ON Asist Complet.
E.ON Energie Romania is one of the largest gas and electricity providers in Romania, with around 3.4 million customers. E.ON Assist Complet is a regional service company providing infrastructure installation and maintenance related energy services.
The transaction which is subject to necessary approvals is expected to close in the first half of 2025. All operational activities of E.ON Energie Romania and E.ON Asist Complet will be carried out as usual.
MVM is the 2nd largest company in Hungary, and the 6th in Central Europe, with an active presence in 23 countries, with more than 19.000 employees and with serving more than 11 million household and company clients (including almost 2 million in Czechia, Slovakia and Romania).