RWE hit by €3.3bn impairment

German utility RWE issued a warning that it has recognised an additional impairment of €3.3bn ($4.5bn), mostly due to losses at its fossil generation business that will reduce its non-operating and net income result for 2013.

RWE chairman Peter Terium
RWE chairman Peter Terium
Published 28 January 2014, 10:10Updated 27 September 2016, 06:23
Middle East & Africa