The GGE Group has a new director of the heat division
30. May 2019
A change in the top management of the Slovak energy group GGE. Since 1 April 2019, Mr. Jerome Valette has been hired as a new CEO for its subsidiary Teplo GGE s.r.o.
“At GGE, I plan to continue the determined professional trend in operations management and I look forward to the new challenges ahead. Our clients can still rely on reliable and trouble-free energy supplies,” says Jerome Valette. The GGE Group operates production facilities both in Slovakia and abroad. In 2018, the facilities owned by the group produced 287 GWh of electricity and nearly 363 GWh of heat.
“It is substantial that we managed to get a man like Jerome for such an important post as the CEO of Teplo GGE. His long-term experience will benefit the group, which is why we have high expectations from him,” says Jan Vymazal, the CEO of the GGE Group.
Jerome Valette brings a wealth of experience in the energy sector to GGE. Before his appointment as the CEO of Teplo GGE he served as the technical director at Veolia Energia Slovakia a.s. He had previously held several managerial posts within the Veolia Group in Slovakia.
Founded in 2007, GGE is one of the fast growing energy companies in Central and Eastern Europe, with annual revenues of nearly EUR 300 million. Through its subsidiaries, GGE is a major energy commodity trader in Central and Eastern Europe.
The companies belonging to the GGE Group cover the entire energy cycle – from the supply of fuel for energy production through the production and distribution of energy to the operation and maintenance of energy production facilities. In Slovakia, for example, it operates a steam-gas cycle in Považská Bystrica, and manages the production and supply of heat in Dunajska Streda, Sereď and Devínska Nová Ves.
The GGE Group is also active in foreign markets, such as Poland, where for example since 2017 it has been the owner of DUON, which engages in the business of network supplies of natural gas as well as supplies of liquefied natural gas (LNG). It has its own infrastructure, consisting of more than 480 kilometres of pipelines and 20 LNG liquefaction stations.
Since 2015, the British investment fund Infracapital has been a strategic investor in GGE.
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