2 minutesHELLENiQ ENERGY launches HELLENiQ Petroleum Trading in Geneva marking a new era of international commercial expansion
The event that took place at Les Halles Geneva yesterday brought together representatives of the international trading community, financiers, business partners and executives from HELLENiQ ENERGY, highlighting the company’s commitment to expanding its international presence and enhancing value creation across its commercial activities.
Located at the center of the global trading environment, HELLENiQ Petroleum Trading is designed to serve as the Group’s single commercial interface to the international commodity markets, enabling deeper market insight, and more agile engagement with counterparties.
The new trading unit will initially manage the Group’s transactions in refining raw materials and international sales - approximately 25 million tons of crude and oil products annually -with the ability to expand into third-party trading.
Its priorities include:
- Optimizing value across the refining supply chain, through increased market access, capitalizing on HELLENiQ Petroleum physical footprint in the region
- Expanding the Group’s commercial reach to new markets, commodities, and customers
- Strengthening resilience, supported by enhanced risk management frameworks and systems
- Attract new and develop existing talent and skills
In unveiling the new entity, HELLENiQ ENERGY emphasized that Geneva was selected for its established ecosystem of traders, financial institutions, market intelligence, and talent - a strategic choice aligned with the operating models of the world’s leading energy groups.
HELLENiQ Petroleum Trading will operate in close coordination with the Group’s Refining, Planning, Finance, Risk, and Compliance teams in the Athens-based Headquarters, ensuring a fully integrated and modernized commercial model.
Andreas Shiamishis, CEO of HELLENiQ ENERGY, stated:
“Today’s event marks an important step in our transformation journey. HELLENiQ Petroleum Trading will further strengthen our international presence, enhance our ability to capture value, and align our commercial operations with global best practices. Geneva offers the environment, expertise, and ecosystem that will allow us to accelerate our growth and reinforce our resilience in an evolving energy market.
This new entity reflects our commitment to building a more agile, extrovert, and competitive Energy Group - one that is well-positioned to lead in Greece, grow in Southeastern Europe, and engage effectively with global markets.”
The establishment of HELLENiQ Petroleum Trading is a significant milestone of HELLENiQ ENERGY’s 5-year growth strategy, Vision 2025, now successfully completed, well ahead of plan. Vision 2025 focused on modernization, extroversion, and long-term sustainable growth while transforming the company from a traditional oil and gas player to an integrated Energy Group with a strong presence in Downstream and Upstream, Power and Gas, as well as Renewables and Energy Storage mega projects, across 8 countries in SE Europe.