In order to complete the restructuring of the sales business carried out in the past fiscal year, the final steps towards establishing the target structure will be taken in the 2019/2020 fiscal year. To this end, Energie AG Oberösterreich Businesskunden GmbH was established during the first half of 2019/2020 and a resolution was passed to liquidate ENAMO GmbH. The next steps will be taken in the second half of the 2019/2020 fiscal year.
In the course of restructuring the Czech Republic Segment, which was carried out during the 2018/2019 fiscal year, Vodospol s.r.o. was merged with CEVAK a.s. with effect as of 1 October 2019. Furthermore, VODOS s.r.o. was merged with MTH Kolín s.r.o. with effect as of 1 October 2019 and converted into a joint stock company, in which the city of Kolín also holds a 2.7% investment. The company now trades under the name of Energie AG Kolín a.s. Furthermore, 100% of the shares in the Czech water supply and waste water disposal company VaK Zapy s.r.o. were acquired on 6 December 2019.