Jose Garza, Premier Energy CEO and a minority stakeholder in Emma Capital, the investment fund behind the company, says the company wants to continue investments, but has a regional approach.
Premier Energy ended 2020 with turnover worth RON697 million and losses of RON35 million.
Domestically, Premier Energy manages a network of 2,500 km of gas pipes, witnessing a growth pace of around 200 km per year in recent years. Garza said the company wants to maintain this pace as it believes gas is the transition fuel for Romania on the long term.
Network expansion aside, Premier Energy says the current gas market context calls for caution rather than acquisitions.
Beyond the energy sector, though, and opportunities related to the shift to green energy, Emma Capital is looking at the pharma field.
(English version by Catalina Apostoiu)