UTILITIES
declining by 1-2 per cent , even though economic growth is flat .”
Italy ’ s Enel is also looking toward expanding into emerging markets . Since the Italian power market isn ’ t particularly large , the company has had to look elsewhere to be successful .
“ We ’ ve moved from being an old lady in a small market . . . to a multinational across 40 countries ,” Fulvio Conti , Enel ’ s chief executive , said .
One company that ’ s facing expansion hardships is Germany ’ s
‘ Political and economic unrest in Turkey has also put some of its assets in jeopardy , as the cash flow from the country isn ’ t necessarily a guarantee anymore . Similar problems are being encountered in Russia ’
Expansion can be a risk , especially when entering markets such as Turkey , which is experiencing political and economic unrest
14 November 2014