Eutilia Grants Opciona.com the Setup and Operation of Its European Utilities' B2B Portal.
NEW YORK--(BUSINESS WIRE)--Feb. 13, 2001
- Opciona.com is 63% owned by Endesa through Endesa NetFactory, 15% by Enersis, 12% by PriceWaterhouse Coopers and 10% by Commerce One. - Eutilia, set up by eleven European leading utilities, will be operational in the spring and will focus its activities in an e-business initiative for procurement. - During Eutilia's launch phase, opciona.com will provide operations and hosting services. - Eutilia's annual potential volume is over Euro 30 billion.
Opciona.com (www.opciona.com), the B2B portal owned by Endesa, SA through its subsidiary, Endesa NetFactory, has been chosen by Eutilia's 11 founding partners to carry out its launching, service transactions and hosting.
This contract places opciona.com in a leading position in the B2B markets. Eutilia's annual transaction volume could reach Euro 30 billion.
Mr. Julio Lopez Castano, development manager of opciona.com, states that "this represents the largest B2B project among the European e-business initiatives and recognises not only opciona.com's pioneering efforts, but also the most solid B2B project in Europe and Latin America at present".
Eutilia's choice of opciona.com implies a bet on Commerce One's applications and technology distributed by opciona.com.
By contracting Eutilia's operations, opciona.com consolidates itself as a provider of services to other virtual communities, including e-difica.com, a vertical portal for the construction companies led by OHL and Dragados.
Since its start-up in April 2000, apart from catalogue-based transactions, opciona.com has carried out over 150 web-based auctions. Between May and December 2000, the platform has managed a total transaction volume of close to Pta. 100 billion (Euro 600 million) with over 100 different companies in several sectors and geographical areas.
In addition, the company continues to focus on providing value-added services to the companies involved in this electronic marketplace, with, among others, La Caixa, Coface, Citibank and Banesto in the financial services; with Logista and Danzas in the logistic services; with Europa Press Maninvest in the provision of content; with Coface and Equifax in commercial information and with Via Plus to create the opciona shop.
Opciona.com is 63% owned by Endesa, through its 100% affiliate Endesa Net Factory, 15% by Enersis, 12% by PriceWaterhouse Coopers and 10% by Commerce One.
For additional information, please contact Jacinto Pariente, North America Investor Relations, 212.750.7200
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|Date:||Feb 13, 2001|
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