The Greek energy company Public Power
Corporation (PPC) announced the creation of a subsidiary in Sofia, Bulgaria, in
cooperation with the Swiss company ALPIQ Group. PPC will own 85% of the share
capital, and the remaining 15% will be owned by ALPIQ. The Joint venture will
be engaged in trading of electricity. The establishment of this subsidiary is
part of a strategy of PPC to expand its activity to other markets in Southeast
Europe.
Source : bnr
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