Hitachi- from the country that brought the world Fukushima

Hitachi- from the country that brought the world Fukushima
We feel very sad for the people of Japan who want to end nuclear energy whilst a potential new government and big business are desperate for it

No Fukushima at Oldbury

No to Fukushima at Shepperdine!

No to Fukushima at Shepperdine!
オールド全く福島ません

Sunday, 7 November 2010

E.on to restructure assets

Germany's E.ON set for major reorganization: report
2 hours 24 mins ago

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Germany's leading energy company E.ON is poised to announce a major reorganization that could see it shedding some of its least profitable sectors, Spiegel magazine reported. Skip related content

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Over the next two or three years, E.ON head Johannes Teyssen wants to sell or open to partnerships less lucrative areas of the company, Spiegel said, citing company sources, in its edition to appear Monday.

That may include selling its E.ON Ruhrgas division that sells natural gas to some 15 million consumers in Germany.

E.ON is expected to announce its detailed quarterly results on Wednesday.

Among other changes, the group is expected to partly disengage from some of its European operations in order to develop new markets such as China and Brazil, the magazine said.

E.ON recently announced it would book charges worth 2.6 billion euros (3.6 billion dollars) for devalued assets in France, Italy and Spain.

The assets were bought by EON for 11.8 billion euros after the Spanish group Endesa was acquired by the Spanish-Italian consortium Acciona-Enel

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