Case study - A newcomer's view

Enel is upbeat about the potential of the eastern European power markets. Already present in Slovakia, Bulgaria and Romania, the company is now considering expanding into the Balkans and is looking acquiring power generation assets there.

Enel has been building up a presence in power markets outside Italy since 2002. Due to liberalisation it was forced to divest one third of its generating capacity by 2003 in order to comply with Italy's 50% market-share limit. Enel looked abroad to make up

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