Areva T&D to address smaller businesses

Areva T&D, which is participating in the modernisation of installations and equipment of the top energy companies in Romania, will also start to focus on firms with less extensive systems in 2005. The company will offer engineering and execution solutions for electricity distribution and transportation networks. “This market is on a constant rise. Greenfield investments are coming up, a series of plants are being built, existent ones are being modernised and demand for our products and services is continually increasing. Fortunately for us, everybody needs electricity,” stated George Iacobuta, the company’s general manager. Areva T&D has contracts worth more than 50 million euros, whose top customers include Transelectrica, Electrica and the system’s main producers, Nuclearelectrica, Termoelectrica and Hidroelectrica. The company will set up a unit addressing customers with smaller orders in 2005. ZF