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VINCI Group Signs Agreement to Acquire the Romanian Group EnergoBit
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At the end of the 13 years of the award of the Innova – BERD’s majority package, which has been a market challenge, the group’s shareholders have signed an agreement to integrate into the French conglomerate with annual transactions of €71 billion. “After three decades dedicated to building and building the EnergoBit group as a reference player in energy solutions, it is time to lead the company to the next level. VINCI Energies shares our cultu…
Vinci to buy Romanian electrical engineer as country turns to renewables - Global Construction Review
Vinci Energies has signed an agreement to buy Romanian electrical infrastructure engineer EnergoBit, which specialises in electrical substations, overhead transmission and distribution lines, and network monitoring and automation. Founded in 1990, EnergoBit achieved revenues of €100m last year with 825 staff. Vinci Energies’s revenues in Romania last year were €150m, so bringing EnergoBit in house could up its takings in the country’s electric…
VINCI Group signs agreement to acquire the Romanian group EnergoBit
VINCI Energies has signed an agreement – subject to approval by the relevant authorities – to acquire the EnergoBit group, a leading player in electrical infrastructure in Romania. Founded in 1990, EnergoBit generated consolidated revenue of €100 million in 2024 with a workforce of 825 employees in its eight locations across the country. EnergoBit is recognized for its expertise in engineering and installation of electrical substations, overhead…
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