HELLENiQ ENERGY - Shaping up for the future
HELLENiQ ENERGY is a leading southern European refiner. Management is in the middle of a transformation programme that has seen the corporate structure streamlined. The group is now embarking on decarbonising the business and building up its renewable energy business, which will lead to it being better positioned for the future.Hellenic Petroleum operates in the energy sector predominantly in Greece and the Balkans. Co.'s main activities include: refining and marketing of oil products ("R&M"); exploration, development and production, of hydrocarbons ("E&P"); manufacturing and marketing of petrochemical products; and power generation and trading. Refining, supply and trading are Co.'s core business and its main source of income and profit. Retail trading activities are split into domestic, comprising Co.'s Greek subsidiaries EKO and Hellenic Fuels, and International through local in-market retail subsidiary companies. Hydrocarbon exploration and production (E&P) Co. activities relate to Greece and abroad.
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