E.ON Asks For Increase In Energy Prices

Germany’s E.ON group asked ANRE, Romania’s energy regulatory authority, to increase gas and electricity prices in 2010 by 15% and 12% respectively. Although Frank Hajdinjak, E.ON Romania's general manager, considers this request a fair one, he doesn’t anticipate a favorable answer.

 

"Keeping the current prices would not be a fair compromise, in my opinion," he said.

 

Over the past years, the German group said it registered losses of 700 million lei (EUR1=RON4.2459) on the gas segment and RON80 million on electricity, amounts that might be recovered only by raising prices.