Prague, Dec 18, 2024 (AFP) - Czech tycoon Kretinsky buys Slovakia's top power group

NAMPA / AFP

2024-12-18

Energy firm EPH Group owned by Czech billionaire Daniel Kretinsky said Wednesday it would acquire a majority stake in Slovakia's largest power producer Slovenske elektrarne. EPH will buy a 50 percent share in the Slovak Power Holding company controlling two-thirds of Slovenske elektrarne from Italy's Enel. It already acquired the other 50 percent from Enel in 2016. EPH has paid 150 million euros for the takeover of Slovak Power Holding and vowed......

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