The Greek national power generation company, Public Power Corporation (PPC) within the framework of its business strategic planning, a main aspect of which is the further development of the company in the Balkans, has announced that is in an advanced stage for the acquisition of the EDS Group, a leading company in the electricity trading and supply sector in Macedonia.
EDS, which was founded in 2012, owns subsidiaries in Serbia, Slovakia and Kosovo. EDS Group is a member of the Hungarian Power Exchange (HUPX) and has electricity trading licences in Serbia, Kosovo, Croatia, Bulgaria and Hungary. EDS Group currently provides electricity to large industries and businesses with a customer portfolio of 320MW or the 40 per cent of corporations with more than 50 employees.
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