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- Covering the heating needs of 17 institutions as well as Makarios Hospital
- The initiative’s main focus is to support children, the elderly, and people with disabilities
- Over 4,500 people have benefited from the initiative in the last four years
For the fourth consecutive year, EKO is implementing its corporate social responsibility initiative, ‘Warm Hug’, providing heating oil to 17 institutions across Cyprus, including those located in areas affected by the recent devastating wildfires.
The initiative, part of EKO’s broader corporate responsibility strategy, a subsidiary of HELLENiQ ENERGY, aims to support children, the elderly, and people with disabilities by covering their heating needs free of charge during the winter months.
Once again, the initiative also includes Archbishop Makarios III Hospital, the country’s only specialized state facility for pediatric and maternity care. Beneficiaries also include charitable institutions operating in mountainous and semi-mountainous communities, where heating requirements are particularly high.
To date, EKO’s total contribution has exceeded 600,000 liters of heating oil, directly improving the living conditions of at least 4,500 individuals belonging to vulnerable groups.
EKO CEO, Mr. Giorgos Grigoras, stated: ‘Our initiative‘Warm Hug’ has now become an established tradition for us, a reliable channel of giving and solidarity to society. This year, the initiative takes on even greater significance as it extends to areas affected by last summer’s wildfires. We stand by those who need us, continuing to provide meaningful support with the goal of a warm winter and dignified living conditions for all’
EKO remains committed to sustaining and expanding the ‘Warm Hug’ initiative in the years ahead, reaffirming its social responsibility and dedication through tangible actions that continue to address the needs of communities across Cyprus.
About EKO CYPRUS LIMITED
EKO CYPRUS LIMITED is a wholly owned subsidiary of HELLENiQ ENERGY. The company operates in the import, storage, distribution, and supply of liquid fuels, lubricants, and LPG, both in bulk and in cylinders, to commercial and industrial customers. EKO CYPRUS LIMITED’s retail network firmly holds the leading position in transportation fuels. The company undertook the relocation of petroleum and LPG facilities from the coastal front of Larnaca to Vasilikos, an investment that, upon full development, will exceed €50 million. EKO CYPRUS LIMITED also makes a significant contribution to the job market: more than 1,500 people are employed directly or indirectly by the Company and its partner businesses and service stations operating under the EKO brand.
About HELLENiQ ENERGY
HELLENiQ ENERGY is one of the leading integrated energy groups in Southeastern Europe. It was founded in 1998 as Hellenic Petroleum, with a history that traces back to the first refinery in Greece, established in 1958. Today, it is the largest company in the country and one of the most important in Southeastern Europe in terms of annual revenues. By consistently implementing an ambitious transformation strategy, the Group has emerged as a regional leader in the energy sector, with a presence in 8 countries and continuously expanding international activities.
HELLENiQ ENERGY operates in the production, supply, and trading of all forms of energy, increasingly focusing on new, cleaner energy solutions and Renewable Energy Sources. Its portfolio includes refining, supply and trading of liquid fuels and petrochemical products, hydrocarbon exploration and production, and fuel marketing, while at the same time rapidly expanding its footprint in the renewables sector.
A strategic pillar for HELLENiQ ENERGY is the development of a fully integrated “green” utility. In this direction lies Enerwave — the new name of Elpedison — the company responsible for electricity and natural gas production and supply in Greece.
The new business unit will produce and directly supply the Greek market with electricity, primarily from renewable sources, strengthening the Group’s commitment to a fair, affordable, and secure energy transition.
At the core of HELLENiQ ENERGY’s strategy is the development of its human capital, with the goal of being an employer of choice in the countries where it operates. At the same time, Corporate Responsibility remains one of its key operational pillars, through which the Group designs and implements multifaceted programs to support the younger generation and society at large, positively impacting more than 2 million people every year on an international scale.
HELLENiQ ENERGY is headquartered in Athens, is listed on the Athens Stock Exchange (ticker: ELPE), and maintains a secondary listing on the London Stock Exchange (LSE: HPLD) through Global Depositary Receipts (GDRs). www.helleniqenergy.gr
The initiative, part of EKO’s broader corporate responsibility strategy, a subsidiary of HELLENiQ ENERGY, aims to support children, the elderly, and people with disabilities by covering their heating needs free of charge during the winter months.
Once again, the initiative also includes Archbishop Makarios III Hospital, the country’s only specialized state facility for pediatric and maternity care. Beneficiaries also include charitable institutions operating in mountainous and semi-mountainous communities, where heating requirements are particularly high.
To date, EKO’s total contribution has exceeded 600,000 liters of heating oil, directly improving the living conditions of at least 4,500 individuals belonging to vulnerable groups.
EKO CEO, Mr. Giorgos Grigoras, stated: ‘Our initiative‘Warm Hug’ has now become an established tradition for us, a reliable channel of giving and solidarity to society. This year, the initiative takes on even greater significance as it extends to areas affected by last summer’s wildfires. We stand by those who need us, continuing to provide meaningful support with the goal of a warm winter and dignified living conditions for all’
EKO remains committed to sustaining and expanding the ‘Warm Hug’ initiative in the years ahead, reaffirming its social responsibility and dedication through tangible actions that continue to address the needs of communities across Cyprus.
About EKO CYPRUS LIMITED
EKO CYPRUS LIMITED is a wholly owned subsidiary of HELLENiQ ENERGY. The company operates in the import, storage, distribution, and supply of liquid fuels, lubricants, and LPG, both in bulk and in cylinders, to commercial and industrial customers. EKO CYPRUS LIMITED’s retail network firmly holds the leading position in transportation fuels. The company undertook the relocation of petroleum and LPG facilities from the coastal front of Larnaca to Vasilikos, an investment that, upon full development, will exceed €50 million. EKO CYPRUS LIMITED also makes a significant contribution to the job market: more than 1,500 people are employed directly or indirectly by the Company and its partner businesses and service stations operating under the EKO brand.
About HELLENiQ ENERGY
HELLENiQ ENERGY is one of the leading integrated energy groups in Southeastern Europe. It was founded in 1998 as Hellenic Petroleum, with a history that traces back to the first refinery in Greece, established in 1958. Today, it is the largest company in the country and one of the most important in Southeastern Europe in terms of annual revenues. By consistently implementing an ambitious transformation strategy, the Group has emerged as a regional leader in the energy sector, with a presence in 8 countries and continuously expanding international activities.
HELLENiQ ENERGY operates in the production, supply, and trading of all forms of energy, increasingly focusing on new, cleaner energy solutions and Renewable Energy Sources. Its portfolio includes refining, supply and trading of liquid fuels and petrochemical products, hydrocarbon exploration and production, and fuel marketing, while at the same time rapidly expanding its footprint in the renewables sector.
A strategic pillar for HELLENiQ ENERGY is the development of a fully integrated “green” utility. In this direction lies Enerwave — the new name of Elpedison — the company responsible for electricity and natural gas production and supply in Greece.
The new business unit will produce and directly supply the Greek market with electricity, primarily from renewable sources, strengthening the Group’s commitment to a fair, affordable, and secure energy transition.
At the core of HELLENiQ ENERGY’s strategy is the development of its human capital, with the goal of being an employer of choice in the countries where it operates. At the same time, Corporate Responsibility remains one of its key operational pillars, through which the Group designs and implements multifaceted programs to support the younger generation and society at large, positively impacting more than 2 million people every year on an international scale.
HELLENiQ ENERGY is headquartered in Athens, is listed on the Athens Stock Exchange (ticker: ELPE), and maintains a secondary listing on the London Stock Exchange (LSE: HPLD) through Global Depositary Receipts (GDRs). www.helleniqenergy.gr
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