Premier Energy acquires CEZ Vanzare
CEZ Vanzare was acquired by Premier Energy on December 21, 2023. The transaction will enter into force after the prior completion of all necessary legal procedures, a release shows.
Premier Energy is a gas supplier for domestic and non-domestic consumers (retail, industry, trade), operates and owns a gas distribution network in Bucharest and in the areas adjacent to the capital: the South and West of the country, as well as in smaller towns in the northern part of Romania. The company is the third largest player in the profile market.
The contractual provisions between the company and their customers, employees, suppliers, or partners remain the same in the context of the transaction and the change of shareholder. Also, the CEZ Vanzare team and contact details remain unchanged in the following period.
CEZ Vanzare’s strategy will remain focused on the activity of supplying electricity and natural gas and closely correlated with the needs of its customers.