Communal partner for Hanau
- From: Vol 7, Issue 8 (August 2006)
- Category: General
- Region: Europe
- Country: Germany
Under pressure to cut prices the city is selling 49% of Kreiswerke Hanau.
Main-Kinzig District (MKD) has sold a 49% stake in Kreiswerke Hanau to Oberhessischen Versorgungsbetriebe (Ovag), based in Friedberg, for €11 million. The move follows pressure from the state of Hesse’s cartel office to cut water prices.
Ovag is owned by the districts of Vogelsberg, Wetterau and Giessen. MKD district president Erich Pipa believes communal consolidation is the way ahead ...
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