Baltic Export, Energy, Estonia, EU – Baltic States, Good for Business, Legislation

International Internet Magazine. Baltic States news & analytics Wednesday, 21.08.2019, 17:04

Enefit signs first contract in Poland

BC, Tallinn, 08.09.2017.Print version
Enefit, a subsidiary of the Estonian state owned energy group Eesti Energia, has formalized a contract with its first customer in Poland and the company is wanting to sell energy products to companies and industrial customers and negotiations concerning consecutive contracts are ongoing, informs LETA/BNS.

"We have recently launched active sales in Poland and the first months have shown that customers have found us and our supply is competitive," Kaarel Kuusk, head of media relations at Eesti Energia, told BNS.

Kuusk said that the first contract in Poland has been formalized and negotiations concerning consecutive contracts are ongoing. Eesti Energia next year is planning to set its Polish enterprise moving, build a customer portfolio and actively increase it.

Kuusk said that until now everything gone according to plan in Poland. The necessary systems have been launched, the team has been manned and the company has started active sales work.

CEO of Eesti Energia Hando Sutter told journalists in April that the aim in Poland is to achieve a 5 percent market share. "We have not set a deadline for achieving that goal. We will observe how the first year goes and according to that will form more specific forecasts for the future," Kuusk said.

The Polish energy market regulator in June issued a permit to Enefit to trade in electricity and natural gas on the Polish market, and the company is planning to start selling energy products on that market to small and medium sized companies and major industrial clients.

Enefit sells to customers in Poland electricity and natural gas which it buys on energy exchanges. In addition to selling energy, it offers energy related consulting and additional services.

Eesti Energia is a state owned energy group made up of 23 companies. It employed on the average 5,850 people in the first quarter of 2017. In addition to Estonia, the company has operations in Latvia, Lithuania, Poland, Germany, Jordan and the U.S.

Search site