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<p><span>With a formal signing, Lithuania’s gas transmission system operator Amber Grid and the European Energy Exchange (EEX) today sealed the acquisition under which EEX will take 66% of the shares in the regional gas exchange GET Baltic. As a result, the gas exchange operating in the three Baltic countries and Finland will become part of EEX Group. Amber Grid will hold the remaining 34% of the shares and will continue to support the further development of the gas business in the dynamic Baltic Sea region.</span></p> ....
<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> ....
EEX gas trading volumes doubled in 2022, but power trading dropped | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.