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Press Releases & Announcements

07/01/2020

Events of EDA THESS staff in the end of another successful year

EDA THESS is completing a successful three- year course with the achievement of the operational goals which were set for 2019 and the full compliance with the Development Program for the distribution network supply in new areas.

 

At the events held by the Company in Thessaloniki and Thessaly with its staff in view of holidays, the General Manager, Mr. Leonidas Bakouras presented a brief assessment of the last three years and in particular of 2019 and referred to the challenges of 2020.

Initially, the General Manager thanked the personnel for its contribution to the completion of another successful year and for its consistency to the values of transparency, impartiality, professionalism, cooperation and respect that apply to each area of the Company’s activity. EDA THESS, as an independent operator, fully respects the legislative and regulatory framework with regard to its Operational Independence and develops its work according to the principles of objectivity, excluding any discriminatory behavior, equal treatment and equal access to information.

He emphasized that 2019 is expected to close for EDA THESS with net profit after taxes of over € 17.5 million, continuing the implementation of the lowest distribution tariffs in Greece, as a result of its effective and comprehensive investment program. By this way, the Company enhances its added value creation for the shareholders, the end – customers, the employees and the stakeholders, as well.

 

Moreover, Mr. Bakouras, set the challenges for 2020, which EDA THESS is ready to face thanks to the perspective and the know-how that has been developed over all these years. With the goal of increasing the penetration of natural gas in the Areas of the License, the Company continues to implement its investment program based on technical and financial criteria that ensure the return on the investments for the supply of existing and new areas. At the same time, he added that the digital transformation of the Company to create a modern model of applications, will be an important part of operations of the coming year.

For its part, the Union Trade stated that management has led EDA THESS to successful results by steadily following strategy and truly operating in line with the growth of the Company, while at the same time respecting employees. Furthermore, it expressed the support of all the employees to the management, with the aim of ensuring both the viability of the Company and the future of the staff.

 

At the conclusion of the event, Mr. Bakouras wished to all the attendants health and prosperity for personal and professional success. He stated that the Company, focusing on its people, applies modern management practices aimed at achieving the corporate goals.