nrg: Acquires 60% of Automotive Solutions

nrg announced today that it is proceeding with the acquisition of 60% of the company Automotive Solutions, which is a major player in the field of electrification with activity since 2002. Automotive Solutions has a wide range of electric vehicles and solutions. With this acquisition, nrg consolidates its position as a pioneer energy company in the field of e-mobility and sustainable micro-mobility.

nrg will now have at its disposal additional know-how and resources, which, combined with the complete network of charging stations and incharge fast chargers, plays an important role in the design of new innovative solutions in the field of e-mobility and micro-mobility. These moves reinforce nrg’s activities, which aim for a future with less pollution and more sustainable cities.

Mr. Anastasios LostarakosCEO of nrg, said: “nrg’s path is characterized by continuous investment and pioneering. With our eyes on a more sustainable future, we at nrg are proud to be pioneers in the field of electric mobility. With the acquisition we are announcing today, we are significantly expanding our e-mobility activity and further strengthening our clear focus on ensuring the quality of services provided to drivers and businesses operating with sustainability in mind, with more green mobility solutions in and out of the city.”

On his part, Mr. Stavros Kafounis of Automotive Solutions, said: “This year our company turns 20 years old, and the recognition of our value by one of the most important players in the energy sector and also a member of the Motor Oil Group, is one of the milestones of our long journey in space. We look forward to joining forces with nrg to create new, ground-breaking solutions that will improve and ultimately establish electrification as the first choice.”