MVM Group to acquire a 68% stake in E.ON Energie Romania and 98% stake in E.ON Asist Complet from E.ON.

MVM Group, a Hungarian power company, agreed to acquire a 68% stake in E.ON Energie Romania and 98% stake in E.ON Asist Complet from E.ON, an international energy company. Financial terms were not disclosed. “Today marks an important milestone for MVM’s regional expansion. With this acquisition, MVM will further strengthen its position in Central and Eastern Europe, ensuring a solid foundation and continuity for its Romanian customers, who can continue to count on services of the highest standard. Together with the management of our future company, we aim to explore and capitalize on new synergies that will drive developments in the Romanian market and enhance MVM’s increasingly important role in the region. I am delighted and excited to collaborate with our Romanian colleagues, and I am confident that we will successfully shape our future together,” Károly Mátrai, MVM Group CEO.