Romania Government OKs Merger Of Three Electrica Branches

Romanian state-run power distributor Electrica SA received the government’s go-ahead to merge three of its units into a single supplying company, named Electrica Furnizare, according to a Government decision approved Wednesday.

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The new company will include Electrica's units Transilvania Nord, Transilvania Sud and Muntenia Nord, the decision noted.

Electrica Furnizare will mainly sell energy, but it will be able to unfold a series of connect activities as well.

Transilvania Nord, Transilvania Sud and Muntenia Nord employees will be taken over by the newly-set company.

Apart from the three energy supplying units, Electrica also owns three distribution branches in Romania, in the regions of Transylvania and Muntenia.

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