At the end of July, HANDEN, an independent gas and electricity retailer operating on the Polish natural gas market since 2007, joined the membership of Towarowa Giełda Energii. HANDEN was granted the status of an Exchange Member on the Commodity Market.
‘The membership in TGE gives us access to the market where natural gas prices are set in a transparent and market-driven way’ says Ireneusz Sawicki, Member of the Board at HANDEN.
HANDEN develops its capabilities building on 25 years’ experience of G.EN. GAZ ENERGIA, a subsidiary of the HANDEN Group. With its offering, HANDEN targets the largest industrial customers as well as the SME segment.
‘The appearance of a major independent natural gas supplier, such as HANDEN, on the trading floor confirms that the TGE's wholesale gas market is safe and transparent, and that the products it offers are attractive for market participants while enabling them to pursue individual trading strategies’ - said Piotr Listwoń, TGE's Vice-President of the Management Board responsible for Operations.
The HANDEN Group is part of the international VNG Group, which operates in the natural gas production, transport and storage business. The VNG Group is also active in natural gas and electricity trading in Germany, Austria and Italy.