Strategy and Aims

Starting 2001 our company began, on contract basis, to build the distribution systems. In some towns, we have funded the execution of the high pressure connections and those of the regulation and metering systems, necessary to these tows in order to be connected to the high and medium pressure pipes, all these meaning a high investment level from the company

The first 6 towns were connected in 2001 the company assures nowadays the natural gas distribution and supplying in 45 towns. The company's investment exceeds 12 millions euros, used in the construction of approximately 750 km distribution network and of approximately 49,7 medium and high pressure connections and 14 regulating and metering systems.

Aims
Our activity is ruled by the Income and Operating Costs Budget, approved by the board of directors and debated and approved by general meeting of the shareholders.

Our company sets as objectives, medium and short term aims, at the beginning of every portfolio management period. Some of these aims are the basis of the Income and Operating Cost Budget, as follows: having a certain number of consumers, especially commercial and industrial ones, the quantity of the sold natural gas, and other aims which have to bring more efficiency in our activity, as lowering the expenses, increasing the incomes by varying the provisions of the services, and other aims which have to improve the company's organisation by respecting the compulsory standards. These other aims would be: the introduction of some standards in this field (environment and quality management), safety in exploitation, looking after suitable working conditions, interventions in emergencies and customer complaint.

Nowadays, our company has the Quality Management System certificate ISO 9001 and the Environmental Management System certificate ISO 14001.

The Income and Operating Costs Budget, as well as the medium and short term aims are closely connected to the initiation of an Investment Program according to the granted contracts, to the rate of return and to the respect of the laws in this field.

Strategy
The initial company strategy was that of expansion through granting the distribution department and the creation of a great number of distributions.

In the actual stage we focus on the places which prove to be profitable, on strengthening the existing ones by increasing the number of consumers and especially of the business and industrial ones, while finalising and commissioning new locations where the investments began but were not finalised; so in a future plan, through an " aggressive " marketing campaign, the company will focus on increasing the consumer number, the quantity of the sold natural gas and on investing only there where economic development is real.