Local E.ON subsidiary to buy stakes in Elmu and Emasz ahead of buyout offer – Hungary, 07 October 2019

Local subsidiary of German energy company E.ON will acquire nearly all of the shares of Hungarian electricity distribution companies Elmu and Emasz through a mandatory public purchase offer for outstanding […]

Elmu-Emasz recorded lower profit in H1 2019 – Hungary, 01 October 2019

The Elmu Group posted a net profit in the amount of 18.3 million euros in the first half of 2019, after 25.4 million euros net profit in the first six […]

ELMU and EMASZ recorded 13.6 million euros profit in Q1 – Hungary, 19 May 2016

The combined net profit of Hungarian regional electricity distributors ELMU and EMASZ, which are both majority owned by German RWE, has reached 13.6 million euros in the first quarter of […]