Business Units
Refining, Supply & Trading
Refining is HELLENiQ ENERGY’s main activity, carried out through its subsidiary HELLENIC PETROLEUM RSSOPP S.A..
The Group operates three of the four refineries in Greece (Aspropyrgos, Elefsina, Thessaloniki), which cover approximately 65% of the country’s total refining capacity, with a total of 6.65 million m³ of crude oil and petroleum products storage tanks at their disposal. It also has a share of approximately 60% in the wholesale petroleum products sector of the Greek market.
Production and Trading of Chemicals
The activities are focused on the production and marketing of polypropylene, BOPP films and solvents, as well as the marketing of imported plastics and chemicals.
HELLENiQ ENERGY, through its subsidiary DIAXON SA, possesses the only vertically-integrated production complex for petrochemicals in Greece, with polypropylene and its derivatives as its main products. Its domestic market share exceeds 50%.
Fuels Marketing
HELLENiQ ENERGY is active in the marketing and distribution of petroleum products, in Greece through its subsidiary EKO ABEE as well as internationally through its subsidiaries in Cyprus, Bulgaria, Serbia, Montenegro and Republic of North Macedonia.
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Renewable Energy Sources (RES)
HELLENiQ ENERGY is dynamically active in the Renewable Energy Sources sector, through its subsidiary, HELLENiQ RENEWABLES S.A
Its portfolio includes 340 MW in operation and more than 2 GW in various stages of development,.
A key objective for the Group is to develop a Renewable Energy portfolio with an installed capacity of approximately 1GW by 2025 and over 2GW by 2030.
E-mobility
HELLENiQ ENERGY contributes to the promotion and operation of sustainable mobility and is active in electromobility.
ElpeFuture, a 100% subsidiary of HELLENiQ ENERGY, operates as a Provider of Electromobility Services (PES), a Charging Infrastructure Operator (CIO), but also as a Transaction Processing Entity (TPE).
Exploration and Production of Hydrocarbons
HELLENiQ ENERGY, through its subsidiary HELLENiQ UPSTREAM S.A., is active in the sector of Hydrocarbon Exploration and Production in Greece, in selected areas, either independently or in joint venture with international companies in the sector, considering the market conditions.
The exploration activities for the potential assessment in hydrocarbons are carried out with full respect for the environment and the activities of local communities., meeting all the safety and environmental protection measures defined by the European and national legislation, and following the rules of good practice of industry
The Group focuses on Greece and proceeds in promoting strategic partnerships with international companies in the sector.
Engineering
HELLENiQ ENERGY provides engineering and consulting services in the energy sector in SE Europe, through its subsidiary, ASPROFOS.
ASPROFOS supports HELLENiQ ENERGY investments particularly in the fields of refining and natural gas, through the provision of a broad range of technical, project management, and other related advisory services, while seeking to continuously expand the range of its services and broaden its client portfolio to include mainly international clients.
Power & Gas
Power Generation and Trading
HELLENiQ ENERGY is active in the production, trading and supply of power in Greece through its participation (50%) in Elpedison B.V. (the remaining 50% is held by EDISON International).
ELPEDISON S.A. is currently among the largest independent power producers in Greece with a total installed capacity of 840 MW (comprising a 420 MW plant in Thessaloniki, in operation since 2005 and a 420 MW plant in Thisvi, in operation since 2010).
In addition, RAE has granted ELPEDISON S.A. with a power generation license for a new 826 MW combined cycle gas fired plant at Thessaloniki.
Natural Gas
The company is currently active in the natural gas sector through its participation in DEPA Commercial S.A. and DEPA International Projects S.A.
The aforementioned companies emerged in 2020, after the completion of the former DEPA Group’s corporate transformation.
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