AIK ENERGY HUNGARY Kft. was established in 2019 in Budapest, Hungary, as a subsidiary of AIK Energy Group, headquartered in London, United Kingdom. Its activities center around natural gas and power, in accordance with the Group’s business operations in the sectors of natural gas, power, oil products and renewable energy and is now one of the main continental hubs, alongside AIK Energy Austria and AIK Energy Romania.
What we do
AIK Energy Hungary Kft. was granted by the Hungarian Energy and Public Utility Regulatory Authority (HEA) the gas trading license, the subsidiary being registered on CEEGEX and CEGH, following the course of being registered as a licensed trader on all relevant platforms. The Hungarian Branch evolved in a fast manner, now holding trading and/ or supplying natural gas licenses in Austria and Romania and is on the process of obtaining according licenses in other three countries.
Experienced, diversified and well-balanced, our team of senior professionals possesses extensive experience in management, finance and legal aspects, in addition to the particularities of the energy industry.
Our certified middle and junior traders have an appetite for modern trading technologies, aiming to streamline the links between acquisition and sale.
Diversity allows AIK Energy to have a unique understanding and be well-connected in numerous energy markets, while having first-hand experience in accordance with the geographic region from Central and Eastern Europe to the Middle East.
Aik Energy LTD
We are a trusting and reliable partner – AIK Energy has developed a trusted network of companies at the European level in order to align the local practices with our international business vision, being able to establish an accurate, long-term business relation with all our partners, regionally and globally. Furthermore, AIK Energy is in constant collaboration with all energy authorities and financial institutions operating in Central and Eastern Europe.
Our extensive knowledge and understanding of the European Energy markets (physical and financial commodities) alongside the constant harmonization of the legislative variations, offer our partners a clear and wide variety of products and associations.
While keeping integrity and transparency as essential attributes, AIK Energy LTD’s commitment allows us to develop and execute reliable, trustworthy, long-term relationships, leading AIK Energy to success on highly competitive gas & power markets.
As a subsidiary of AIK Energy‘s holding , AIK Hungary has a strategically important role in the Group’s trade chain since the company is a valuable player on local and neighboring markets, trading actively on CEEGEX and managing to developstrong partnerships with the key-players of the European gas market.
Having an extensive gas expertise on the European market and benefiting of a strong team of professionals, AIK Energy Hungary is now in the registration process on the key European gas hubs: GASPOOL, NCG, TTF and Zeebrugge, as well as at EEX, the main energy exchange hub.
Through the experience gained, being extremely operative in Europe, AIK Energy Hungary aims to become an active member of the Hungarian energy market, setting as primary goal to provide the best services for its partners.
Considering that the capacity of electricity production is continuously decreasing in Hungary mainly due to the power plants that are becoming more and more outdated, the last year showed already an import ratio of almost 30%. Such a high number transformed therefore the Hungarian market in a great opportunity for energy traders, including AIK Hungary.
Licensed on gas & energy markets
AIK Energy Hungary Kft. is a licensed energy trader (access HEA’s Limited Electricity Trading Operating License here) and also a licensed gas supplier in Hungary (access the Approval of the Commercial Regulation for the Supply of Natural Gas here and the Commercial Gas Supplier License here). AIK Energy Hungary Kft. extended its activity on other European markets and holds the right of trading/ supplying gas in the following countries:
Licensed Gas Trader
AIK Hungary Kft. is a licensed energy trader in Hungary, through HEA’s Limited Electricity Trading Operating License (Hungarian version here) and also a licensed gas supplier for the territory of Hungary:
- Approval of the Commercial Regulation for the Supply of Natural Gas (Hungarian version here), issued by HEA and followed by
- Commercial Gas Supplier License issued by HEA (Hungarian version here).
AIK Energy Hungary is taking all necessary actions to become soon a licensed trader in Belgium, The Netherlands and Germany. Meanwhile, the subsidiary owns licenses in this countries:
AIK Energy Hungary’s mid-term objectives involve becoming a licensed trader in Belgium, The Netherlands and Germany.
AIK Energy Hungary is growing into a strong leader of the gas and power European industry, having strong business relationships with partners such as:
AIK Energy Hungary Kft.
We consider the impact of every action we take. With this in mind, we continuously work on minimising our impact on the climate and environment, complying with the laws and own policies in this area.
We are partners with our employees, customers and stakeholders in order to create added value.