RWE Plans Expansion in Eastern Europe

Germany’s RWE is expanding its supply activities in Eastern Europe, betting on Romania where it sees significant business opportunities in the next decade.

‘RWE is expanding its supply activities in Eastern Europe. In this connection it is opening an office in Bucharest as a base from which it will direct supply activities on the Romanian electricity market in future. The focus is on B2B transactions, in other words transactions with industrial and commercial customers,’ reads a note released on Thursday.  

Romania recently promote the liberalisation of its electricity market. 

“Eastern Europe is a growth region, and the Romanian market offers plenty of opportunities. Its economy is growing, and demand for energy is growing with it,” Peter Terium, CEO of RWE AG, commented.