Company type | Private |
---|---|
Industry | Oil and gas |
Founded | 2001 |
Headquarters | , |
Key people | Vladimir Ermakov (CEO) |
Products | Natural gas |
Services | Distribution of natural gas |
Revenue | 0 Czech koruna (2019) |
45,099,000 Czech koruna (2019) | |
23,284,000 Czech koruna (2019) | |
Total assets | 1,702,000 Czech koruna (2019) |
Number of employees | 2 (2019) |
Parent | Gazprom |
Subsidiaries | VEMEX Energie a.s. |
Website | www.vemex.cz |
Vemex is a Gazprom-controlled natural gas trading company in the Czech Republic. In addition to the Czech Republic, the company also operates in Slovakia.
The shareholders of Vemex are:
Vemex has around 10–12% of the Czech gas market. [1] The major clients are the Prague gas utility Pražská plynárenská, the Spolana chemical producer, and the steel manufacturer Vitkovice. [2]
In 2007, Vemex signed a five-year contract with Gazprom for annual deliveries up to 500 million cubic metres of gas. [3] [4] Together with the Czech natural gas producer MND, a shareholder of Vemex itself, the company plans to build a natural gas storage facility in the eastern part of the Czech Republic. [5] As of 2013 the plat is still active. [6]
In 2010, the company announced its plan to enter the Slovak market through its subsidiary Vemex Energo, s.r.o. [7] In September 2009, the company announced it would like to lease a part of Ukrainian underground storage capacities. [1]
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