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RWE Croatia gets nod to buy Koprivnica gas distributor, supplier

RWE Croatia gets nod to buy Koprivnica gas distributor, supplier Author: Ilya. Licence: Creative Commons.

ZAGREB (Croatia), April 20 (SeeNews) - Croatia's competition regulator, AZTN, said on Thursday it has approved the acquisition of 75% stakes in municipal gas distributor Koprivnica plin and gas supplier Koprivnica opskrba by the local unit unit of German energy group RWE.

The Koprivnica gas distribution and supply network serves some 13,000 users.

Following the acquisition, RWE Croatia will increase its share of the national gas supply market to five percent, AZTN said in a statement.

Municipal utility company Komunalac will remain the owner of 25% stakes in the two companies, RWE Croatia said earlier.

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