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Energo-Pro Takes Over The Distribution And Supply of Electricity to Northeastern Bulgaria
29 June 2012, Sofia, Bulgaria

June 29, 2012, Sofia. As of today, Energo-Pro is officially the new electricity distribution and electricity supply company for Northeastern Bulgaria. The Czech energy company fortifies its position on the Bulgarian market with the acquisition of the E.ON Bulgaria group companies.
The final transfer of shares to the new Czech owners was completed today. A precondition for finalizing the deal was a positive decision by the Competition Protection Commission regarding the achieved concentration of economic activity.
"The main priority of the company at the moment is to ensure the Bulgarian authorities that Energo-Pro is a reliable partner for them and safe and reliable supplier of electricity for the Bulgarian customers" said Jiri Krushina, Chairman of the Board of management of Energo-Pro. The companies, based in Varna, operate more than 42,000 km distribution network in Northeastern Bulgaria and in 2011 have supplied 5.5 billion kWh of electricity to 1.1 million customers.

About Energo-Pro
Energo-Pro was established in the Czech Republic in 1994. The company's main scope of activities is in the field of management, construction, operation, maintenance and rehabilitation of hydroelectric power plants and electricity networks, as well as electricity trading.

Energo-Pro has been on the Bulgarian energy market since the year 2000 and currently owns eight hydroelectric power plants, united in three cascades - Sandanska Bistrica, Koprinka and Petrohan - which turns the company into the largest private producer of hydroelectric power in the country.

Currently, besides in Bulgaria, Energo-Pro operates in three other countries -  the Czech Republic, Turkey and Georgia, employing more than 6,000 people. The company also has experience in electricity distribution and supply due to the fact that since 2007 it supplies 864 000 customers in Georgia
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