Starting point of AIK Energy
The starting point of AIK Project is dated back in 2013, the year when AIK Trading Ltd. was founded in the United Kingdom. Focused mainly in its early beginnings on trading petroleum products, crude oil and condensate across Central and Eastern Europe, the company gradually expanded its presence on the European gas & energy markets, being now registered in United Kingdom, Austria, Hungary, Slovakia, Romania, The Czech Republic, Italy, Greece, Ukraine and Moldova.
The Group faced a rapid growth following a rigorous business plan developed by our wide experienced team.
Presently know as AIK Energy Ltd., the group enhanced on the profitable resources in the natural gas and power segments and is currently establishing its own entities or acquiring local companies to diversify the trading platform and portfolio in other six European countries (Germany, the Netherlands, Belgium, Spain, France, Poland).
Aiming to fulfill the first stage of the expansion plan, in 2017 were created AIK Energy Ltd. Londra – Sucursala Bucuresti (Bucharest Branch), AIK Energy Ukraine, AIK Energy SRL – Moldova, followed in 2019 by the incorporation of AIK Energy Austria, the acquisition of Keroleum KFT Hungary – later known as AIK Energy Hungary and the acquisition of Valahia Gaz – later known as AIK Energy Romania.
Driven by strong values of professionalism, reliability, flexibility, innovation and social responsibility, the company encountered a rapid growth on the European market.
Ought to be mentioned is the fact that AIK Energy, through the Bucharest Branch, started trading natural gas in 2018 and became soon one of the largest natural gas importers of Romania.
According to ANRE (Romanian Energy Regulatory Authority) AIK Energy, through its subsidiaries, held a 35% market share of the imported natural gas in 2019.
Romanian wholesale gas market
The company focused in 2018 on the gas trading activity and managed to sell from October 2018 to June 2019 6.2 Million MWh generating a turnover of EUR 120 Million, aspect that made AIK Energy Ltd. the second largest gas supplier in Q1/2019, with a market share of 17.2%. In addition, ANRE reports positioned AIK Energy as the largest importer of natural gas in Romania.
Representative of the Bucharest Branch
AIK Energy Ltd. UK is managed by Mr. Harald Reiner Kraft, an energy professional with over 40 years of experience in the oil & gas industry, out of which 22 years in Romania, holding a PHD in Petroleum Engineering at the Technical University, Clausthal, Germany.
His working experience at Wintershall group in Romania, as well as him being the Managing Director of the natural gas division at OMV Petrom and country manager of Stratum Energy Romania LLC recommend him as one of the best professionals in the area.