EGL Gas&Power: We're focusing on small and medium clients

EGL Gas&Power, a major electricity and natural gas trader with 84m-euro turnover, is betting on regaining some older clients, such as Russia's Lukoil, and also on attracting some small ones to resume growth in 2011. The company was set up in 2003 as the subsidiary of Swiss EGL group. Last year, the company posted 84m-euro turnover, down 23% year-on-year, and expects growth to be resumed as late as 2011. "I believe we'll see turnover go down by around 15% this year. Since October ...

Developed by Codecraftsman