Tag: ELMU

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

• October 9, 2019
• in: News
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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

• October 2, 2019
• in: News
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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

• May 20, 2016
• in: News
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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 […]