MISSION AND VALUES
ADMIE (IPTO) Holding holds a 51% stake in the Independent Power Transmission Operator S.A. (IPTO or ADMIE), which is the sole asset in the portfolio of ADMIE Holding.
Its Articles of Association stipulated the acquisition of a 51% stake in the share capital of the IPTO by means of transfer by Public Power Corporation (PPC) and the undertaking of the corporate acts, transactions and procedures, which are set out in L. 4389/2016 (Greek Government Gazette A’ 94/27.05.2016), as amended by L. 4393/2016 (Greek Government Gazette A’ 106/06.06.2016).
ADMIE Holding is trading on the Athex Exchange and its mission is to be aligned with every activity relating to its Affiliate ADMIE. As the Operator of the Hellenic Electricity Transmission System, ADMIE’s mission is to ensure Greece’s electricity supply in a safe, efficient and reliable manner while promoting the development of competition in the Greek electricity market and guaranteeing the non-discriminatory treatment of System users.
- Commitment to the Security of Supply
- Sustainable development
The values of ADMIE Holding are alligned with those of its Affiliate ADMIE. The highest priority is to ensure confidence for our investors, while at the same time allow the further development of ADMIE’s activities, within the scope corporate and social responsibility.
As owner of a 51% stake in the share capital of the Independent Power Transmission Operator S.A. (IPTO or ADMIE), ADMIE Holding supervises and acts for the benefit of its shareholders by taking the following commitments:
Commitment to the Security of Supply
Ensuring the country’s continuous and uninterrupted electricity supply, fulfilling all quality, safety and efficiency criteria, is our foremost objective which guides all our activities in our capacity as the controlling investor in the Operator of the Hellenic Electricity Transmission System.
Employing procedures of absolute transparency and providing electricity market participants with all information pertinent to the strengthening of market competition.
Performing our duties as Transmission System Operation in the most efficient manner with optimal utilization of all available resources, contributing to national development, serving the public interest and creating value for all our stakeholders.
Performing our duties according to the principles of sustainable development, under economic, social and environmental terms, contributing to research and development, professional training and skills development of our human resources.