Hellenic Petroleum Group
The Group
A dynamic Group, with solid foundations and a continuous profitability holds a leading position in the Greek energy sector as well as in the greater area of Southeast Europe.
The Group’s range of activities includes:
- Refining of crude oil and fuel supply.
- Retailing of oil products, including sales abroad.
- Production and trading of petrochemicals and chemicals.
- Oil & Gas exploration and production.
- Production and trading of power generation through Elpedison, the 50/50 joint venture with Italy's Edison.
- Participation in the natural gas market, through the 35% stake in DEPA S.A.
- Provision of consulting and engineering services to hydrocarbon related project.
- Production and trading of any other form of energy.
- Participation in the transportation of crude oil and products (pipe-lines, sea transportation).
The Group’s entrepreneurial programme includes investments mainly in the refining sector, in power production, as well as investments concerning the expansion of its international activities, with priority set in S. E. Europe and particularly in the Balkan region.
Group's Brief Financial Data 2010
Amounts in million €
Turnover 8,477
Adjusted EBITDA 474
Adjusted Net Income 205
Capital Employed 4,191
Net Debt 1,659
Our Business Principles and Values:
- Priority to Safety.
- Invest in our future and solidify our competitiveness.
- Focus on results, through initiative and extroversion.
- Serve our customers with quality products and services.
- Develope our people, promoting meritocracy and teamwork.
- Operate responsibly towards society and environment.
Group Structure
The Management Structure of HELLENIC PETROLEUM on 31/12/2010 was the following:
