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MET Romania to continue its development on the local market

Following the successful completion of Repower's takeover, MET Romania aims to analyze other opportunities on the local market, thus continuing to invest either by taking over other suppliers or by purchasing renewable producers or even building new capacity production of electricity from classical sources.

2017-12-20 12:08:20

"This year we will reach a turnover of approximately 150 million Euro, and next year we aim to increase our business by 10-12 per cent," said Petre Stroe, general manager of Met Romania. "We want the turnover to reach 170 million Euro, the amount of energy delivered to the customers to exceed 1.7 TWh and the number of consumers to exceed the threshold of 1,000."

On the natural gas market, MET Romania has a share of about one per cent, being among the top 10 suppliers in the country.

MET Group is a Swiss group active in trading and supplying energy, gas and oil, as well as in electricity production. The company is present in over 20 countries. The largest shareholder of MET is the Hungarian energy group MOL, which owns 40 per cent of the shares.

MET Romania Energy Marketing was established in 1996 (the former name was Elcomex and then Repower Furnizare Romania). In November 2016, MET Group completed the acquisition of Repower′s energy supply operations. In Romania, MET provides electricity and natural gas to final consumers and provides energy services to its customers.

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