History
The Danish state company Dansk Naturgas A/S was founded in 1972 to manage resources in the Danish sector of the North Sea. After some years, the company was renamed to Dansk Olie og Naturgas A/S (DONG). At the beginning of 2000s (decade), DONG started to extend itself into the electricity market by taking long positions in electricity companies. In 2005, DONG acquired and merged Danish electrical power producers Elsam and Energi E2 and public utility (electricity distribution) companies NESA, Københavns Energi and Frederiksberg Forsyning. The result of the merger was the creation of DONG Energy. The merger was approved by the EU Commission on 14 March 2006.
Read more about this topic: DONG Energy
Famous quotes containing the word history:
“And now this is the way in which the history of your former life has reached my ears! As he said this he held out in his hand the fatal letter.”
—Anthony Trollope (18151882)
“The history of his present majesty, is a history of unremitting injuries and usurpations ... all of which have in direct object the establishment of an absolute tyranny over these states. To prove this, let facts be submitted to a candid world, for the truth of which we pledge a faith yet unsullied by falsehood.”
—Thomas Jefferson (17431826)
“The history of the Victorian Age will never be written: we know too much about it.”
—Lytton Strachey (18801932)