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Verbund Starts Restructuring in France

Published: December 22, 2010; 13:19 · (Vindobona)

The Austrian energy company takes full control of the Poweo production subsidiary Poweo Production S.A.S.

Verbund Starts Restructuring in France / Picture: © Flickr

Verbund, Austria’s leading electricity company, makes an important step towards the restructuring of Poweo and reaches an agreement with the shareholders of Poweo S.A. for full control of the production subsidiary Poweo Production S.A.S. Through the purchase of the remaining 60% hitherto held by the parent company, Poweo S.A., Verbund is also concentrating on its core business of…

This article includes a total of 396 words.

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