| December 2012 |
Audax Energia, the 10th company in the Spanish electricity market, has been authorized by
Ministry of Economy and Employment of Portugal to carry out the marketing activity
of electric power in Portugal.
For entry into the Portuguese market, AUDAX Energía has its own commercial network
and is working on its expansion to cover the entire Portuguese territory, a process that is expected to
will be completed in the first half of 2014, creating a total of 300 new jobs
between direct jobs at its headquarters in Lisbon and its commercial network.
AUDAX Energía has designed products suited to the needs and particularities
of the Portuguese market, remaining faithful to its values of savings, proximity and service to the
The company's forecast is that in 2014 the Portuguese market will represent 71% of its total sales.
of turnover. According to the company's Strategic Plan, it is expected to achieve a turnover
of 400 million euros in 2017.
The Portuguese electricity market is strategic for Audax Energía. Its recent liberalization and
The small number of marketing companies that currently operate in it,
will allow us to offer very competitive rates that will translate into direct savings for the
consumer.
AUDAX Energía begins its internalization process in Portugal and plans to continue
expanding to other countries such as France, Italy and Germany.