The European natural gas market during the energy crisis cnb.cz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnb.cz Daily Mail and Mail on Sunday newspapers.
<p><span>In 2022, EEX Group was able to expand its global position in all business areas. The international exchange group headquartered in Leipzig increased its total revenues by 33% to EUR 482.4 million (2021: EUR 362.4 million). Earnings before interest and taxes (EBIT) rose to EUR 239.2 million, an increase of 74% compared to 2021. EEX Group recorded strong growth in particular in natural gas trading and in the North American commodity markets. The services of the clearing house ECC were a strong foundation for the company s success.</span></p>
<p><span>In a market environment characterised by uncertainty, EEX Group in 2022 succeeded in consolidating its position as the leading exchange group for energy and commodity products and in ensuring stability in the energy market. Peter Reitz, CEO of EEX, comments: "The past year illustrates the important role of exchange trading. Open markets are essential for secure and transparent energy markets and make an important contribution to security of supply, especially in turbulent times. This was particularly evident in the gas markets in 2022, where the need for hedging instruments was exceptionally high due to the tight supply situation." With a total volume of 6,669.5 TWh, EEX Group increased its trading volumes on the Natural Gas markets by 112% to a record high.</span></p>
/PRNewswire/ AirCarbon Exchange (ACX) is thrilled to announce a substantial investment by Deutsche Börse AG (DB1), the parent company of European Energy.
Deutsche Börse invests in and partners with the AirCarbon Exchange - PRN India News webindia123.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from webindia123.com Daily Mail and Mail on Sunday newspapers.