Axpo goes to Greece
The energy group Axpo has opened a branch in Athens. The Greek Axpo is to offer local customers a range of services such as risk management and market access.
The Swiss energy producer Axpo will in future have a permanent branch in Greece. According to a press release , the company wants to offer services to Greek customers and partner companies there. That ranges from risk management to support with market access. Axpo will therefore be active in Greece across the entire energy supply chain. The Athens office is headed by Vasileios Machias, the newly appointed Country Manager. Axpo reports that he has more than 16 years of experience in international energy trading and has worked for numerous large energy trading companies such as EDF and Gazprom.
Domenico De Luca, Head of Trading and Sales at Axpo, is quoted in the press release: “We know the importance of local market knowledge for our customers. So I am all the more pleased that Vasileios Machias has joined Axpo and will manage the newly established branch in Greece. ”Axpo will support its customers in the transition to a low-carbon economy with tailor-made services.
The plan is to work with non-state electricity producers in the use of renewable energies. In addition, according to the announcement, Axpo will support local energy providers with the supply of liquidity to cover their market risks.
According to its own information, Axpo has 5,000 employees working for customers in 40 countries in Europe, North America and Asia in order to offer innovative energy solutions based on the latest technology.