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Press Releases & Announcements

07/06/2019

Key to EDA THESS’ impressive performance is its long – term strategic planning

Impressive growth is recorded in the penetration of natural gas in Thessaloniki & Thessaly as the new connection contracts signed by households and businesses in May exceeded 1.900 in EDA THESS’ distribution network.

It is noted that since the beginning of the year 8.250 new connection contracts have been signed, an increase of 23,3% in relation to the corresponding period of 2018, while the distributed volumes of natural gas in the 5- month period are increased by 27,6% compared to 2018.

EDA THESS’ distribution network, including the expansion of natural gas distribution network in all areas, is developed in existing and new areas of Thessaloniki and Thessaly, according to the Company’s Development Program. Investments for the network’s further development are implemented with technical criteria concerning the ability of construction and the works safety and also with financial criteria concerning the demand and the capacity of each area, as well as the return on the investment. Throughout the range of its activities, the Company strictly adheres to the safety standards of the Network and the natural gas infrastructure.

The promotion and further penetration of natural gas in Thessaloniki and Thessaly is not only a duty but also a strategic objective of EDA THESS in order to serve more residents, domestic & commercial consumers and industries in the areas of the License. At the same time, the implementation of the lowest distribution tariffs in Greece, is the capstone of the successful strategy for the network development and its proper planning with technical and economic criteria.

With a reliable and safe network development being a top priority, EDA THESS integrates strategic planning with the use of technological innovations and pioneers in shaping policies and actions in the regulated gas distribution environment. Already since 2018, EDA THESS plays a leading role in shaping the framework for the supply of the remote areas with compressed natural gas and, of course, in its immediate implementation and application. No, more and more consumers enjoy the benefits of natural gas in 6 regions in Thessaloniki and Thessaly (Lagkadas, Koufalia, Chalastra, Tyrnavos, Kalampaka, Elassona).

According to the Company’s planning within 2019, three new areas in the region of Thessaly will be supplied with compressed natural gas (Agia, Palamas, Sofades), while the areas of Municipality of Thermi (Vasilika, Ag. Paraskevi, Souroti, Tagarades) and Municipality of Thermaikos (Ag. Triada) in the Prefecture of Thessaloniki and Municipality of Volos (N. Anchialos, Microthives) in the Prefecture of Thessaly, will be connected to the distribution network.

In view of the development and optimization of EDA THESS’ services, an investment of over €5 million is foreseen for the Company’s digitalization, in new technologies, modern equipment and information infrastructures. At the same time, EDA THESS enriches the range of technological applications adopted, and with extroversion, invests in new tools for the distribution network’s further development.

The continuous progressive route, the strong performance combined with the achievement of all the Company’s business objectives, confirms the success of the long-term strategic planning, which is implemented by the Company’s Management with consistency throughout its operation.

Focusing on people, the standard business operation and the efficiency enhancement are also main pillars of the Company’s strategy. In this context,                EDA THESS invests in its staff continuous training for the optimization of the provided services, driven by the values of transparency, impartiality, professionalism and cooperation.

EDA THESS’ strategic development is based on a holistic and balanced approach of the principles and commitments of the Company, as an independent Distribution Network Operator. The Company’s strategic choices aim at the maintenance of its leading position in the natural gas distribution, which offers multiple benefits in the value creation for the energy market, consumers and Distribution Users, local communities, the environment, its human resources and its Shareholders.

 

GAS DISTRIBUTION COMPANY
THESSALONIKI - THESSALY SA