Annual report - HSE

HSE Prague branch office
HSE Prague Branch Office
Manager
Main activity
Tomaž Štokelj, Ph.D.
Electricity trading
The main reason for establishing a branch office in the Czech Republic was acquisition of
an electricity trading licence enabling trade inside the Czech Republic and on OTE and PXE
energy exchanges. Due to changes in legislation in 2010, electricity trading was transferred
to the company HSE, while the branch office has to stay officially active.
HSE Bratislava branch office
HSE Bratislava Branch Office
Manager
Main activity
Tomaž Štokelj, Ph.D.
Electricity trading
The main reason for establishing a branch in Slovakia was to fill the void between the
Czech Republic and Hungary and enable transfer of energy from the Czech Republic,
which will remain a net exporter of electricity in the coming years, through Slovakia and
Hungary to the Balkans.
Slovakia as well, the electricity trading is performed through the company HSE, which
enables greater credibility and flexibility in trading transactions.
HSE Bucharest representative office
HSE Bucharest representative office
Manager
Main activity
Drago Skornšek
Electricity trading
After Bulgaria joined the EU and two reactors at NPP Kozloduy were shut down, Romania
became the main electricity exporter in the region. Romania also has the largest power
exchange in SE Europe and a liberalised market. For these reasons, in 2007 HSE decided to
open a representative office in Bucharest and obtain the electricity trading licence.
Annual Report HSE 2012
2 Business Report
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