EFT
EFT Furnizare is the Romanian electricity supply subsidiary of EFT Group, a privately-held Anglo-Swiss energy trading conglomerate operating 18 subsidiaries across Central and Southeast Europe. It serves industrial and residential consumers through ANRE-licensed supply, OPCOM market participation, and cross-border trading.
- Company typePrivate
- Founded1990
- HeadquartersBucharest, Romania
- Headcount1–10
- GTM typeB2B
- OfferingServices
What EFT does
EFT Furnizare S.R.L. is the Romanian operating subsidiary of EFT Group (Energy Financing Team), a privately-held Anglo-Swiss energy trading and investment conglomerate founded in 1990 in the aftermath of the Berlin Wall transition to market economies. Headquartered in Bucharest at Strada Ion Creanga Nr. 7, the subsidiary holds ANRE supply license No. 2394 and operates as a licensed electricity supplier serving both industrial and residential eligible consumers in Romania. The parent group operates through 18 subsidiaries across Western, Central, and Southeast Europe (Germany, Lithuania, Austria, Italy, Greece, Hungary, Slovenia, Romania, Bulgaria, Croatia, Bosnia and Herzegovina, Serbia, Montenegro, North Macedonia, Albania, Turkey, Ukraine, and Switzerland), making it one of the most geographically diversified regional energy trading platforms in the region.
The company's technology and operating stack rests on a diversified energy portfolio spanning hydro, wind, thermal, and nuclear generation in Romania and from imports, combined with cross-border trading infrastructure connecting regional exchanges (OPCOM, EEX) and balancing markets. Core products include standard delivery profiles (band energy, peak energy, weekly/weekday/weekend schedules, scheduled and hourly deliveries), derivative instruments (extended/interruptible delivery contracts, emergency energy, location and time swaps, fixed-for-floating price products, options on quantity and price), and grid services (tertiary upward/downward power reserves, balancing market participation). Operational certifications include ISO 9001:2015 quality management (2024) and the ANRE supply license. The product architecture is delivered through direct bilateral contracts, OPCOM organized market participation (PZU day-ahead, PCCB bilateral contracts, PCV centralized purchasing), Transelectrica-administered Balancing Market participation, and the ANRE POSF comparator for residential standard offers.
Commercially, EFT Furnizare generates revenue through two primary streams: (1) electricity supply to eligible consumers (industrial and residential) via bilateral contracts and standardized offers, with annual delivered volumes of 615,000 to 1,083,000 MWh between 2014 and 2020, and (2) cross-border import-export trading and trading with other suppliers and industrial consumers, plus balancing market activity. Customer segments are organized vertically: industrial consumers (primary, including glass, petroleum refining, and cement majors such as Stirom, Lukoil, and Holcim), residential consumers (low/medium voltage standard offers), and energy sector companies (distribution operators and system operators). Pricing is contract-customized rather than publicly disclosed, with the firm collaborating with a major Balancing Responsible Party (PRE) for client cost optimization. Historically, EFT Group recorded EUR 2.17 billion in sales in 2011 delivering 41.2 TWh across 20 countries, illustrating the scale of the broader trading platform that underwrites the Romanian entity's operations.
EFT firmographics
Firmographics- Name
- EFT
- Legal name
- EFT FURNIZARE S.R.L.
- Website
- https://eft-furnizare.net
- Company type
- Private
- Founded year
- 1990
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- EFT Furnizare is the Romanian electricity supply subsidiary of EFT Group, a privately-held Anglo-Swiss energy trading conglomerate operating 18 subsidiaries across Central and Southeast Europe. It serves industrial and residential consumers through ANRE-licensed supply, OPCOM market participation, and cross-border trading.
- Ownership category
- akta.pro rank
EFT industry classification
Industry- Product category
- Electricity Supply and Energy Trading
- NAICS
- Electric Power Generation, Transmission and Distribution (2211)
- SIC
- Electric Services (4911), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- C&I Multi-Site & Cross-Border Supply (Portfolio/Meter Management) (EUAGACAK)
- akta.pro secondary industry
- C&I Energy Risk Management & Contract Administration (Credit, Billing, Settlements) (EUAGACAL)
Keywords
Where EFT is headquartered
LocationHeadquarters
- HQ city
- Bucharest
- HQ country
- Romania
- HQ region
- Europe
Offices1 record
Markets served
EFT business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Supply Chain, Marketing or Sales
Revenue model
- Electricity supply to eligible consumers: Supply of electricity to eligible end consumers in Romania, both industrial and residential, through bilateral contracts and regulated market participation
- Cross-border electricity trading: Import-export electricity transactions, trading with other electricity companies, and participation in organized markets (OPCOM PZU, PCCB, PCV) and balancing market
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
EFT product offering
Product offeringCore offering
EFT Furnizare S.R.L., the Romanian subsidiary of EFT Group (Energy Financing Team), is a licensed electricity supplier (ANRE license No. 2394) that provides electricity to eligible industrial and residential consumers in Romania. The company conducts cross-border electricity trading across Central, Western, and Southeast Europe, participates in OPCOM organized markets (PZU, PCCB, PCV) and the Balancing Market administered by Transelectrica, and offers a broad portfolio of structured supply products, derivatives, and ancillary energy services.
Product overview
EFT Furnizare is the Romanian subsidiary of EFT Group, operating as an electricity supply company with ANRE license No. 2394. The company offers a comprehensive portfolio of electricity supply products and services to eligible consumers in Romania, including standard products (band energy, peak energy, weekly band, weekday band, weekend energy) and derivative products (extended delivery contracts, interruptible delivery contracts, emergency energy, power reserves, location/time swaps, fixed for floating price structures). Core services encompass cross-border electricity trading, OPCOM organized market participation (PZU, PCCB, PCV), balancing market services, annual/multi-year procurement strategies, price volatility management, and regional supply with centralized portfolio management. The company delivered 1,000,000 MWh to end customers in 2020 and collaborates with major PREs (Prefered Renewable Energy Suppliers) for client cost optimization.
Differentiator
Problem solved
Functional benefit
Products and services
- Electricity Supply Services Supply of electricity to eligible industrial and residential consumers in Romania through bilateral contracts, import-export operations, and organized markets.
- Cross-Border Electricity Trading Import-export electricity transactions between Romania and neighboring European markets, leveraging EFT's diversified portfolio for supply continuity and cost optimization.
- OPCOM Organized Markets Participation (PZU, PCCB, PCV) Wholesale electricity trading on Romania's OPCOM exchange, including day-ahead, centralized bilateral contracts, and centralized purchasing contract platforms.
- Balancing Market Services Energy balancing services for the Romanian electricity grid, including tertiary reserve provision and grid balancing support.
- Structured Standard Energy Products (Band, Peak, Weekly Band, Weekday Band, Weekend, Scheduled/Total Hourly Deliveries) Continuous and time-differentiated electricity supply products targeting band, peak, off-peak, weekly, weekday, and weekend periods, with scheduled and hourly delivery configurations.
- Extended Delivery Contracts Purchase or sale contracts with pricing above or below the market unit price, including options to extend quantity and price for a pre-agreed additional period.
- Interruptible Delivery Contracts Purchase or sale contracts granting the buyer the right to interrupt, stop, or postpone energy delivery, providing operational flexibility.
- Emergency Energy Deliveries Emergency electricity supply for short-notice and long-notice situations, leveraging EFT's portfolio flexibility and interconnection capacity access.
- Power Reserve Services (Upward, Downward, Tertiary Fast) Tertiary power reserve services delivered with minute and hourly notification activation, including upward and downward reserve, plus fast tertiary reserve offerings to multiple transmission system operators.
- Physical and Time Location Swaps Cross-border swaps exchanging similar quantities with physical delivery in different countries at fixed or formula-based prices, used to avoid congested borders.
- Fixed for Floating Price Products Contract structures allowing clients to lock in a price at signing (referencing the German electricity market price) in exchange for the option to obtain a better future price before deliveries begin.
- Standard Offers for Household Customers (JT and MT) Standardized electricity supply offers for residential customers at low voltage (JT) and medium voltage (MT) levels in Romania.
- Standard Offers for Non-Household Small Customers (JT, MT, IT) Standardized electricity supply offers for small non-residential end customers at low (JT), medium (MT), and high (IT) voltage levels.
- Procurement Strategy Services (Annual and Multi-Year) Preparation of annual and multi-annual energy procurement strategies tailored to industrial client requirements.
- Price Volatility Management Services Strategies and services designed to help clients manage energy price volatility.
- Market Studies and Forecasts Market studies and forecasts designed to mitigate the effects of market volatility for clients.
- Energy Labeling Services Annual electricity energy labeling services providing transparency on the energy mix supplied to end customers.
- Green Certificate Management Services related to green certificate billing procedures and mandatory quota compliance for renewable energy procurement.
- Supplier Change Support Services Assistance with the supplier change procedure, including documentation and process guidance for switching to EFT Furnizare.
- Distribution Contract Management Signing of distribution contracts with Distribution Operators on behalf of consumers, handling all related fee payments.
Companies that use EFT
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
EFT technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
Feature2 records
EFT partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- SinohydrocoreSinohydro, one of the world's leading infrastructure companies, built the 35 MW Ulog hydro power plant on a turn-key basis. Project value was EUR 44 million with total project value around EUR 60 million. This was Sinohydro's EPC debut in Europe.
- Dongfang Electric CorporationcoreDongfang Electric Corporation concluded an EPC contract to build the 300 MW Stanari thermal power plant on a turn-key basis in a 45-month period. The plant has high efficiency and operates in line with EU emission directives. Total project value was EUR 500 million.
- British Foreign and Commonwealth OfficeminorEFT and the British Foreign and Commonwealth Office jointly fund the Chevening-EFT scholarship programme, administered by the British Council in Serbia. The scholarship funds postgraduate study or courses in the UK for students from Serbia.
- OPCOMcoreEFT Furnizare is an important participant in OPCOM organized markets including PZU, PCCB and PCV. OPCOM is one of the key exchanges in the region alongside EEX from Germany.
- TranselectricacoreEFT Furnizare participates in the Balancing Market administered by Transelectrica, Romania's national electricity transmission company.
- ANREcoreEFT Furnizare holds ANRE supply license number 2394 and operates under regulatory oversight of the Romanian Energy Regulatory Authority.
Scale indicators8 records
Recent moves8 records
Expansion highlights6 records
EFT competitors and assessment
Company assessmentDirect peers
- Axpo: Axpo is one of Switzerland's largest electricity producers and traders, active across European wholesale markets with significant cross-border trading operations and renewable/hydro generation assets. Like EFT, it operates from a Swiss base with pan-European trading reach and a focus on mid-market industrial supply.
- MET Group: MET Group is a Switzerland-based European energy trader and supply company operating across more than 30 countries with a portfolio spanning hydro, thermal, and renewable generation. Comparable to EFT in cross-border trading focus, Swiss/Anglo governance, multi-country subsidiary structure, and combined trading-plus-generation business model.
- RWE Supply & Trading: RWE Supply & Trading is one of Europe's largest energy trading houses, active across wholesale markets, cross-border flows, and industrial supply. Comparable to EFT at the group level for cross-border European trading scale and portfolio management capabilities, though significantly larger.
- ENGIE Romania: ENGIE Romania supplies natural gas and electricity to industrial and residential customers under ANRE licensing, participating in OPCOM markets. ENGIE's Romanian operations overlap with EFT Furnizare in licensed supply, C&I customer targeting, and renewable certificates management.
- CEZ Group: CEZ is a major Central European utility with extensive Romanian operations (CEZ Romania) competing directly with EFT Furnizare for industrial and residential supply customers. CEZ owns generation assets across the region and operates similar trading/wholesale capabilities, making it one of EFT's most direct in-market competitors in Romania.
- Enel Romania: Enel Romania is a subsidiary of Enel Group operating electricity distribution, supply, and generation in Romania with significant retail and industrial customer bases. Direct competitor to EFT Furnizare in Romanian B2B and B2C supply, with similar OPCOM market participation and ANRE licensing.
- Alpiq: Alpiq is a Swiss electricity producer and trader with European-wide operations spanning generation, trading, and energy sales to industrial and commercial customers. Comparable to EFT in Swiss domicile, focus on cross-border European trading, and supply to industrial customers in multiple jurisdictions.
Broad incumbents
- Electrica SA: Electrica is the largest electricity distributor and supplier in Romania, serving over 3.9 million customers across distribution, supply, and generation segments. As the dominant incumbent utility in EFT Furnizare's home market, Electrica sets the competitive context for both industrial supply and residential offers.
- E.ON Energy Romania: E.ON Energy Romania operates as a major integrated utility with electricity and gas supply to residential and industrial customers. As a broad incumbent with ANRE licensing, OPCOM access, and pan-European trading expertise, E.ON Romania competes with EFT Furnizare across overlapping customer segments.
Regional players
- Public Power Corporation (PPC): PPC is the dominant Greek electricity utility with growing operations in Romania and Southeast Europe through PPC Romania and PPC Balkans. PPC's Romanian expansion makes it a direct competitor to EFT Furnizare in C&I supply while its Balkans generation assets provide a comparable regional scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
EFT social profiles
Digital presenceEFT compliance and trust
Trust signalCompliance2 records
EFT financial estimates
Financial estimateRevenue estimate
Valuation estimate
EFT leadership team
Management profileNumber of profiles
Profiles11 records
EFT subsidiaries and ownership
Company hierarchySubsidiaries4 records
EFT funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
EFT M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about EFT
What does EFT do?
EFT Furnizare S.R.L., the Romanian subsidiary of EFT Group (Energy Financing Team), is a licensed electricity supplier (ANRE license No. 2394) that provides electricity to eligible industrial and residential consumers in Romania. The company conducts cross-border electricity trading across Central, Western, and Southeast Europe, participates in OPCOM organized markets (PZU, PCCB, PCV) and the Balancing Market administered by Transelectrica, and offers a broad portfolio of structured supply products, derivatives, and ancillary energy services.
Is EFT a public or private company?
EFT is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was EFT founded?
EFT was founded in 1990. It employs 1 to 10 people.
Where is EFT based?
EFT is headquartered in Bucharest, Romania, in the Europe region.
How does EFT make money?
Two revenue lines are on record. Electricity supply to eligible consumers are the primary driver. The others are cross-border electricity trading.
Who are EFT's main competitors?
Direct peers on record are Axpo, MET Group, RWE Supply & Trading, ENGIE Romania, CEZ Group, Enel Romania and Alpiq. Broad incumbents are Electrica SA and E.ON Energy Romania. Public Power Corporation (PPC) is listed as a regional player.
Does EFT have an API?
No public API is recorded for EFT.
What industry is EFT in?
EFT's product category is Electricity Supply and Energy Trading. Its primary akta.pro industry code is EUAGACAK, C&I Multi-Site & Cross-Border Supply (Portfolio/Meter Management), with a secondary code of EUAGACAL, C&I Energy Risk Management & Contract Administration (Credit, Billing, Settlements). Its NAICS code is 2211 and its SIC code is 4911.