OREANDA-NEWS. July 05, 2012. E.ON completed the sale of its subsidiary E.ON Bulgaria. The company is now owned by Energo-Pro, a private Czech energy supplier.

E.ON Bulgaria, based in Varna, operates a power grid of about 42,000 km in north-east Bulgaria and delivered around 5.5 billion kWh of electricity in 2011. In 2004, E.ON took over the majority stake in a grid operator and a sales company during the privatisation of the Bulgarian energy industry and merged these two companies to form E.ON Bulgaria.

E.ON is one of the world's largest investor-owned power and gas companies. At facilities across Europe, Russia, and North America, our nearly 79,000 employees generated just under EUR113 billion in sales in 2011. We have an ambitious objective: to make energy cleaner and better wherever we operate. Going forward, we intend to expand our business outside Europe. Our new strategy, whose motto is cleaner & better energy, will transform E.ON into a global provider of specialized energy solutions. The new E.ON will benefit our employees, customers, and investors alike.