Globalsat Teleunicom οbtains license to trade electricity in Greece

The group of companies Globalsat – Teleunicom completed the process for obtaining an electricity trading license, acquiring the possibility of entering the electricity retail market in Greece.

Specifically, the Energy Regulatory Authority (RAE), issued a few weeks ago, its decision to grant a license to trade 100MW of electricity, to the Teleunicom group, for a total duration of 20 years, until 2042, as provided by the relevant legislation, completing the first step for the company to enter the electricity market, as mentioned in a relevant announcement.

Obtaining a license for electricity trading is part of the company’s strategic plan to expand its activities in new sectors, with the aim of further development of the company in the Greek market, utilizing its know-how and dynamics in marketing, distribution and operation of sales networks.

Globalsat-Teleunicom Group of Companies, is a leading distributor of technology products, home appliances and small domestic appliances in the Greek market, which now views opportunities in the electricity retail market.

The overall plan coming soon

“In recent years, we have started the implementation of the expansion plan of our activities, always having as our central orientation our strengthening in the Greek market. “With the completion of the licensing process, we plan our entry into the electricity market and soon we will be able to announce our overall, detailed plan for our activation in a market that continues to have significant prospects in Greece,” Mr. Vassilis Papadopoulos, CEO of the Globalsat – Teleunicom Group said.

“The Globalsat – Teleunicom group of companies, leads the Greek market in the distribution and marketing of technology products and home appliances and small appliances and at the same time develops specialized professional solutions utilizing new technologies. The Group has exclusive partnerships with leading international brands, such as Samsung, Huawei, TCL and Sencor and cooperates with all companies in the telecommunications and technology sector as well as with all retail networks in Greece and Cyprus. In 2020, the Globalsat – Teleunicom Group started its cooperation with Blink Charging Hellas, undertaking, as a commercial representative, the development of the network of Blink electric car charging stations in Greece, while a few months ago it announced through Retail and more, the conclusion of the agreement for the reopening of Carrefour in the Greek market “, it is pointed out in the announcement.