50 million euros investment plans from EFT in a hydro or thermo power plant

Energy Financing Team EFT plans to invest about 50 million euros in Romania , in a hydro or thermal coal power plant after you set up a special fund for investments in energy, according to a company press release.

"We want to invest at least 50 million in a hydro or a coal power plant. Our plan is to create an investment fund to have the ability to invest in several energy projects in the region, including Romania "said Milos Hamovic , vice president and shareholder in the group.

He believes that implementation of the fund will last between six months and one year. " Then we will go to the list of projects and we will identify the best ," said the group's vice president .

Currently EFT Group invests in hydro and thermal power in Bosnia and Herzegovina. " China Development Bank has granted us a loan of 350 million euros. Everything is possible and we might use this partnership to build a power plant in Romania " , said Milos Hamovic .

EFT Group has currently about 600 employees , being one of the largest energy traders in the CEE and last year posted a turnover of 2.13 billion euros and a net profit of 10 million euros.