After Muntenia Sud, Enel targets gas company - Azi

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Italian-based Enel, the new owner of Electrica Muntenia Sud, the most valuable electricity company on the local market, is interested in the acquisition of a natural gas company, to provide clients with a full range of utility services.

The Italians also say they will not make massive redundancies at Muntenia Sud, although the company"s results need to improve, with the restructuring programme expected to be completed in a few months" time. "We know that the current market structure doesn"t...

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