Telekom Austria Stands Before a Purchase in Croatia

CompaniesTelecoms ♦ Published: February 12, 2011; 14:18 ♦ (Vindobona)

The Burgenland energy operator Bewag might divest itself in future from its Croatian telecommunications subsidiary.

Telekom Austria Stands Before a Purchase in Croatia / Picture: © Vindobona.org

The regional energy company Bewag already announced last week that it intends to concentrate more on the domestic energy market. Bewag wants to expand its energy infrastructure, mainly in wind power. In the coming years, € 300m are to be invested.

For this reason, foreign investments are for sale. The new Bewag management emphasized that divesting itself of the holdings stands…