Vemex

Vemex is a Gazprom-controlled natural gas trading company in the Czech Republic. In addition to the Czech Republic, the company also operates in Slovakia.

Vemex s.r.o.
TypePrivate
IndustryOil and gas
Founded2001
Headquarters
Prague
,
Czech Republic
Key people
Vladimir Ermakov (CEO)
ProductsNatural gas
ServicesDistribution of natural gas
Revenue0 Czech koruna (2019) Edit this on Wikidata
45,099,000 Czech koruna (2019) Edit this on Wikidata
23,284,000 Czech koruna (2019) Edit this on Wikidata
Total assets1,702,000 Czech koruna (2019) Edit this on Wikidata
Number of employees
2 (2019) Edit this on Wikidata
ParentGazprom
SubsidiariesVEMEX Energie a.s.
Websitewww.vemex.cz

The shareholders of Vemex are:

Vemex has around 10–12% of the Czech gas market.[1] The major clients are the Prague gas utility Pražská plynárenská, the Spolana chemical producer, and the steel manufacturer Vitkovice.[2]

In 2007, Vemex signed a five-year contract with Gazprom for annual deliveries up to 500 million cubic metres of gas.[3][4] Together with the Czech natural gas producer MND, a shareholder of Vemex itself, the company plans to build a natural gas storage facility in the eastern part of the Czech Republic.[5] As of 2013 the plat is still active.[6]

In 2010, the company announced its plan to enter the Slovak market through its subsidiary Vemex Energo, s.r.o.[7] In September 2009, the company announced it would like to lease a part of Ukrainian underground storage capacities.[1]

Dutch MND Group B.V. transferred 16.86% shares to Swiss MND Group AG in 2019 and then MND Group AG in 2020 transferred all shares to German Securing Energy for Europe GmbH, the former Gazprom Germania GmbH.

See also

References
  1. "Gazprom chce zvýšit svou přítomnost na ukrajinském trhu s plynem přes českou firmu" [Gazprom wants to increase its presence in the Ukrainian gas market through the Czech company] (in Czech). Mediafax. 2009-09-21. Retrieved 2010-07-21.
  2. Kominek, Jiri (2009-03-23). "Russian Energy Companies Expand Their Operations in Central Europe". Eurasia Daily Monitor. The Jamestown Foundation. Retrieved 2010-07-21.
  3. "Gazprom signs term gas deal with Czech Vemex". Reuters. 2007-10-11. Retrieved 2010-07-21.
  4. "Vemex. About Us and Natural Gas". Leaders Magazine. No. 5. 2009. Retrieved 2010-07-21.
  5. "Vemex and MND to build gas storage facility in the Czech Republic". Energy Business Review. Datamonitor. 2008-04-21. Retrieved 2010-07-21.
  6. Parlamentní listy: GAZPROM a MND podepsali Protokol o výstavbě nového podzemního zásobníku plynu
  7. "Slovakia: Vemex Energo enters Slovak natural gas market". Polish News Bulletin. 2010-06-09. Retrieved 2010-07-21.
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