GEN-I Bucharest Electricity Trading and Sales
Ever since the incorporation of the parent company in 2004, the GEN-I Group has been ranked among the most innovative and rapidly growing market players on the European electricity market. The Group's mission, vision and values are founded on partnerships with trading companies, suppliers and customers on the one hand, and banks, energy exchanges, clearing houses and system operators on the other, with employees always at the heart of everything that we do. Innovation and flexibility are the Group's tools for ensuring the satisfaction of all its stakeholders.
GEN-I's operations are based on the principles set out in the memorandum of association, which was drafted in 2006 by shareholders Istrabenz-Gorenje, d.o.o. (renamed IG energetski sistemi, d.o.o. in 2011 following changes in its ownership structure) and GEN energija, d.o.o. Both shareholders have equal 50% stakes in the company.
The company's governance is based on an effective combination of the management, governance and control functions. The Group's success is apparent in all of its previous profit and loss statements, which are summed up in individual annual reports.
Vision: the first choice
We want to be the partner of choice for reliable high-quality cooperation in the area of electricity trading, purchase and sales. We aim to achieve this by adopting a progressive approach and ensuring the right balance of global trading principles and local sales practices, and by using a fresh, innovative, partnership-based approach.
Mission: a reliable partnership
Our know-how, professional approach and creativity help us supply electricity efficiently by enabling production resources to manage risks, and by providing eligible customers with quality delivery services and cost-management solutions. By constantly improving and combining our competitive advantages, we have been achieving excellent economies of scale, thereby improving the reliability of our electricity supply even further.
Values: responsible innovation
- We take full responsibility for the satisfaction of our business partners and customers.
Our operations are efficient, cost-effective and transparent – at all Group levels and across all work processes.
We encourage an innovative approach and professional growth of our employees within a stimulating work environment, and provide a safe and stable workplace where individuals can develop their personal competences.
We act responsibly towards our natural and social environment.
