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Vattenfall changes its organisation, from region to business lines

Swedish energy group Vattenfall has announced a new organisational structure as of 1 April 2015, that will replace the current regional structure (Nordic on the one hand, including Finland, Sweden and Denmark, and Continental Europe-UK, including the United Kingdom, the Netherlands and Germany) that was introduced on 1 January 2014. The new organisation, aimed at reflecting Vattenfall's strategy to be "an electricity producer that concentrates on emission-free or emission-efficient solutions", will have six business lines:

- Heat (district heating and CHP activities in Germany, the Netherlands, Denmark and Sweden)

- Wind (mainly in Denmark, Germany, Netherlands, Sweden and the UK)

- Customers and Solutions (more than 6 million electricity customers in Finland, France, Germany, Netherlands and Sweden)

- Distribution (electricity distribution in Sweden and Germany)

- Generation (hydropower and nuclear power generation)

- Markets (energy trading business and wholesale activities).

Vattenfall’s Lignite Mining and Generation activities will be transferred to a separate unit, to ease divestment. The group aims to find a new ownership structure for its lignite business.