REPOWER

Other segments and activities

Other segments and activities

Contribution to EBIT

Other segments and activities posted operating income (EBIT) of CHF -5 million.

Romania

At the beginning of the year Repower in Romania launched a new electricity product called Naturepower that originates from 100% renewable resources. The country's first certified green power offering, it has been brought to market in response to the growing environmental awareness of the country's electricity consumers.

Despite substantial competition on the free market, Repower managed to maintain price levels in the first half of 2015. This has enabled the company to position itself even more firmly as a quality-conscious supplier offering outstanding service and additional benefits for customers. In recent months Repower has also continued to optimise its sales portfolio and make electricity procurement more flexible by increasingly working with independent producers.

Repower is also pursuing its first projects around electric transportation in Romania, making this the third market after Italy and Switzerland where the group is contributing to sustainable transportation.

Last but not least, Repower in Romania has been recognised for its corporate responsibility efforts, winning a silver award by ranking in the top third of all companies reviewed in an analysis of environmental factors, working conditions, fair conditions of employment and sustainable procurement, conducted by management platform EcoVadis.

Trading in Prague

Repower's trading activities in the Eastern European region are coordinated from the trading floor in Prague. While business at Trading in Prague recovered slightly in the first six months of 2015, it still fell short of expectations because of the lack of opportunities in the Eastern European trading market.

Group functions

In the first half of 2015 group functions (Legal & Risk, Human Resources, Communications, Finance, IT and Services) continued to provide centralised services to the entire organisation and ensure that processes ran on a lean basis. Measures to boost cost-efficiency were implemented systematically.