The GEN-I Group successfully ended the 2016 business year with revenues in excess of EUR 1.582 billion. The Group’s breakthrough year was characterized primarily by the acquisition of Elektro energija, ownership consolidation and the introduction of the new comprehensive GEN-I Sonce service, which made us the first energy supplier in the region to offer the construction of micro solar power plants for the self-sufficient supply of electricity.
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GEN-I Group has recorded growth in its operations, a trend that continued in 2015, despite the adverse market conditions. In the given financial year, we recorded growth in sales revenues amounting to EUR 1.731 billion, an increase of 32.8% relative to 2014 and generated a net profit of EUR 7.028 million, an increase of 34.5% on the previous year.
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GEN-I has recorded growth in its operations over the last five years, a trend that continued in 2014, despite the adverse market conditions. We achieved growth in sales revenue, which amounted to EUR 1,352 million, and also achieved 20.7% growth in quantities of electricity sold during the business year.
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Despite the adverse conditions on regional energy markets, 2013 was characterized by GEN-I’s successful expansion to foreign markets. We generated EUR 1.28 billion in revenues and ended the business year with a net profit of EUR 9,868 thousand.
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