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E.ON announces drastic jobs cuts

Last week, E.ON, the largest power utility in Germany, announced its intention to cut up to 11, 000 jobs worldwide and reduce dividends after first-half profit plunged because of the increased costs following nuclear exit. That’s approximately 10 percent of jobs that will be affected by this drastic measure.

read more... 19/08/2011

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Npower the fifth energy supplier to hike energy prices

Npower, owned by RWE, is the fifth energy supplier to hike its tariffs, affecting some 3.3 million customers, following Scottish and Sothern Energy, Scottish Power, British Gas and E.ON.

read more... 17/08/2011

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Vestas received 202 MW order from E.ON

Vestas received an important order for 202 MW from the E.ON Climate&Renewables North America for a project aimed to be developed in the USA during the first half of 2012. Under the signed contract, the company will deliver services and maintain the wind power plant for a five-years period.

read more... 15/08/2011

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Germany’s E.ON plans massive job cuts

Germany's biggest energy group, E.ON, registered Wednesday its first quarterly historical loss , following German government decision to phase out nuclear energy, which pushed the company to reorganize its activity, move that could affect up to 11,000 jobs.

read more... 11/08/2011

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E.ON increases its bills despite a drop in gas costs

Despite a drop in gas wholesale prices, which hit the lowest level this year, E.ON became the last of the six energy suppliers to boost the bills for the consumers by 18% for gas and 11.4% for electricity from September, copying the earlier decision of British Gas, Scottish Power and Scottish & Southern.

read more... 08/08/2011

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