EFT Romania signs energy supply contract with Stirom and Lukoil

Energy Financing Team (EFT) will supply energy to Stirom factory in Bucharest and the Lukoil refinery in Ploiesti, after having recently signed a contract with the two companies. Stirom has an annual consumption of 45GWh, while the Lukoil refinery, of 200GWh. EFT also signed an energy supplying contract with cement producer Holcim for all its factories in Romania at the end of last year. The Romanian subsidiary of the company is focusing on the internal market as the main development drive for the coming future, according to Aurelia Mocanu, head of the energy supply department with EFT Romania. EFT is an energy trader with activities in the Central and South Eastern Europe. The company supplies energy in 19 countries, to over 200 clients. Lats year, EFT had a EUR 1 billion turnover.