23/08/2016
Emon Electric SA Change in shareholding structure, consolidation and development
Emon Electric decided to change the shareholding structure by replacing Monsson Energy Cyprus shareholder with two new strategic partners Cynergy ltd (Hong Kong) and Swede Energy Power Solutions AB (Sweden).
Diana and Mircea Solomon , founding shareholders, both still remain as shareholders in the company and in executive management.
The decision was taken amid consolidation strategy and company development both domestically and internationally.
New shareholders of Emon Electric, Cynergy and Swede Energy Power Solutions AB are strategic partners that have business activities in the energy field (Power Generation ) with operations in Europe, Africa and Middle East for over 10 years. Their decision to join shareholders are bound by a common vision of development and expanding potential in international markets.
Future plans are related to both strengthen the local market and export continuously develop "core bussines" as well as new technologies such as : Power quality energy systems, Energy Storage , Fast charging stations for EV , Micro - grid s systems for OFF Grid isolated area .
About Emon:
Emon Electric founded in 1998 is a center of excellence in Romania in developing turn key projects related to transmission and distribution (T&D) of electric energy and power electric traction.
Emon Electric has achieved so far and put into operation projects totaling over 1,500 MW power both in the clasic and renewable energies. With export experience since 2004 when he were completed and put into operation Tram Project Athena Olympic , Export activity expanded in new markets in Europe (Germany, Switzerland and Ceh ) but also in the Middle East.