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In its series of “Company Profiles”, the Institute released on March 19 and sent to its members a special report devoted to Hellenic Petroleum (HELPE), one of the biggest companies in Greece and one of the largest vertically integrated energy groups in SE Europe. The company’s principal activities include, among others, hydrocarbon, refining, supply and trading of a broad range of petroleum products, fuel marketing, petrochemicals production and trading, and exploration and production. The Group is also active in power generation and natural gas as well as the implementation of energy projects not only in Greece but increasingly so in the whole SEE region.
Founded in 1998, HELPE Group is active in SE Europe, being one of the key marketing players, through with a total network of c.300 petrol stations in Cyprus, Bulgaria, Serbia, Montenegro and Republic of North Macedonia. It also owns the ΟΚΤΑ installations in Skopje (Republic of North Macedonia).
The Hellenic Republic Asset Development Fund (HRADF) holds 35.5% of HELPE shares and Paneuropean Oil and Industrial Holdings S.A. 47%, with the remaining held by institutional (8.7%) and private (8.8%) investors. In addition, HELPE shares are primarily listed on the Athens Stock Exchange with a secondary listing on the London Stock exchange, while its two bond issues are listed on the Luxemburg Stock Exchange.
This latest (No. 6) IENE Company Profile on HELPE contains a wealth of information on Greece’s leading industrial company. Fast growing areas, such as gas-powered electricity generation, refining and product marketing as well as renewable energy sources, are presented and discussed. This special Company profile on HELPE also contains detailed information on the Group’s finances, cash flow, investments and 2020 results but also an account of its environmental sustainability policy and social responsibility track record.
