Croatian Telecom Inc. (HT) hereby notifies that today, upon the obtaining of all necessary regulatory approvals and following the payout of the purchase price, the sale transaction of electric energy business to the buyer RWE Hrvatska d.o.o. has been concluded. This transfer of the business to RWE and change of the electric energy supplier has no influence on the manner of the provision of telecommunication services to the customers of Croatian Telecom who were electric energy services customers of Croatian Telecom until the sale of this business to RWE.
As published beginning of June 2018, HT concluded a contract with the company RWE Hrvatska d.o.o., thereby initiating the process of the transfer of its electric energy business segment to RWE Hrvatska d.o.o.
This transaction has no material influence on the published “HT Group 2018 Outlook”, and by the end of 2018 HT also plans to achieve certain revenues from the sale of electric energy procured during the beginning of the year.