Annual General Meeting HELLENiQ ENERGY

Skopje 24.06.2025 HELLENiQ ENERGY Group held its Annual General Meeting for 2025, during which Group CEO Andreas Shiamishis presented a review of the past year. He emphasized the successful completion of the strategic plan Vision 2025 and outlined the main pillars of the new strategic direction, which lay the foundation for long-term value creation.


Strong performance in a complex environment

In his address, Mr. Shiamishis analyzed the economic context in Greece and globally, highlighting challenges such as inflationary pressures and high energy costs for industry, as well as global geopolitical instability which has a significant impact on energy markets and the strategic development plans of energy companies.

Despite these challenges, over the past three years the Group has achieved outstanding results—significantly improving profitability, stabilizing earnings, increasing total shareholder return, and enhancing corporate governance and safety standards. Among the key accomplishments highlighted were record-high production of 16.2 million tons and increased exports, strengthened presence with 329 service stations in five countries in Southeast Europe, and further investments in renewable energy sources. With these developments, HELLENiQ ENERGY has achieved its initial 2025 target with an installed capacity of 5.7 GW and has now set a new goal of an additional 2 GW in renewables and 150 MW in energy storage technologies by 2030.


A new strategic direction for the next decade

Thanks to the commitment and high-level expertise of its employees, the Group successfully implemented the Vision 2025 strategic plan ahead of schedule, setting the conditions for long-term growth, environmental responsibility, and strategic flexibility. With the completion of Vision 2025, HELLENiQ ENERGY enters the next stage of strategic maturity, leveraging the strong foundations laid over the past three years.

The new strategic plan aims to create long-term value, enhance resilience, and align with developments in the energy, regulatory, and investment landscape. The main pillars of the new strategic direction include:

• Enhancing competitiveness and expanding international presence in core activities – refining and trading;
• Creating a fully integrated green energy company in the electricity and gas sectors, with a strong focus on sustainability, a customer-centric approach, and multiple synergies with the Group’s core operations; and
• Expanding into new energy models and technologies, such as alternative fuels, with the goal of diversification and the creation of new sources of value.

According to the Group CEO, the strategy for the coming years considers the new realities of capital markets, which are characterized by stricter ESG criteria, a focus on short-term cash flows, and expectations for a balance between profitability and sustainable growth. At the same time, special emphasis is placed on safety, strengthening a high-performance culture, and returning part of the value created to society.

Through the implementation of this new strategic framework, HELLENiQ ENERGY will continue to evolve into a flexible, technologically advanced, and environmentally responsible Group, capable of meeting the emerging needs of the market and society. With a constant focus on value creation and sustainable growth, the Group is ready to assume a leading role in the new energy era.