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Alpiq RomIndustries S.R.L.

Alpiq RomIndustries S.R.L.

The Alpiq building in booming Bucharest.

Since December 2007, the Romanian company Alpiq RomIndustries S.R.L. has been a member of the Alpiq Group. Alpiq RomIndustries has its headquarters in the capital city of Bucharest and provides electricity to some 100 industrial customers throughout the whole of Romania.

With an annual turnover of euro 80 million, 16 employees and electricity sales of 1.6 terawatt hours, Buzmann holds a market share in Romania of 7 percent. Since the energy demand in Romania is high, for Alpiq the takeover of Buzman is an optimal entry into an attractive market. At the same time, through the merger with Alpiq Buzmann has gained in importance in the Romanian market. Buzmann Industries should be fully integrated within Alpiq by the end of 2008.