Sorgenia Records Losses

Businessn.a. ♦ Published: April 21, 2012; 15:19 ♦ (Vindobona)

The Italian subsidiary of the Austrian energy company Verbund registered net losses of € 14.7. Revenues were up by 9.5%.

Sorgenia Records Losses / Picture: © Vindobona.org

The Board of Directors of Sorgenia SpA, the company controlled by the CIR group in which the main Austrian energy provider Verbund has an interest of 51%, met today under the chairmanship of Rodolfo De Benedetti and approved the results of the first quarter of 2012.

Sorgenia’s results for the first quarter of 2012 are in line with the forecast slowdown in the national…