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More competition on the Austrian gas market: GETEC ENERGIE expands its offering for large commercial customers in Austria at the beginning of 2025

Release date:
23 January 2025
Credit_GETEC ENERGIE

The German energy service provider GETEC ENERGIE GmbH (GETEC) is expanding its offering in Austria. As of January 1, 2025, GETEC also offers Austrian industrial and multi site customers natural gas. 

 

Since the beginning of the year, GETEC has been offering Austrian industrial and multi-site* customers also natural gas. The German company, which specializes in supplying B2B customers, has been active in the energy market since 2001 and offers commercial energy consumers in Germany, Belgium and the Netherlands supply options for both conventional electricity and gas products as well as supply solutions from renewable energy sources.  
 

"The Austrian gas market is currently characterized by relatively little competition in the supply of large commercial customers," says Cord Wiesner, CEO of GETEC. "We are sure that the offer we can make to industrial and multi-site companies in Austria will be met with great interest". 

 

 

GETEC was acquired by bp in August 2024, becoming part of bp’s international gas & power trading business.  Jason Tate, VP European power trading & origination at bp says:

 

“The expansion of GETEC in Austria is another example of how bp is growing our European gas and power business. By integrating GETEC into our operations we can continue to develop our offering to new and existing customers by providing them with the energy they need.”

 

GETEC is currently working to further expand its presence in Europe. The Hanover-based company plans to offer its comprehensive range of energy solutions from conventional and renewable sources to even more industrial and multi-site companies in other European countries. 

 

* companies with very large numbers of consumption points. 

 

Further information:

 

About GETEC ENERGIE GmbH 

GETEC ENERGIE GmbH supports large energy consumers, suppliers and producers in the efficient procurement and marketing of energy - from conventional and renewable sources. With its highly efficient B2B platform and its expertise in the energy industry, GETEC ENERGIE GmbH offers its customers comprehensive solutions. 

 

Contacts

GETEC ENERGIE GmbH: julia.oentrich@getec-energie.de ,+49 (0) 511 51949 – 278 

 

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Our most recent Annual Report and Form 20-F and other period filings are available on our website at www.bp.com, ‎or can be obtained from the SEC by calling 1-800-SEC-0330 or on its website at www.sec.gov.‎