A North East consultancy which provides insights into the energy market is sharpening its expansion plans by entering new markets in Germany and Hungary.
Launched in 2003, Stockton-based EnAppSys provides data, consultancy and information services to companies in the energy and power generation markets. Its services are used by some of the biggest wholesale energy market participants including generators, stakeholders, suppliers and traders, to improve their understanding of the market and maximise values.
The company already operates across several European markets, including Belgium, France, the Netherlands and Ireland, and is well established in the UK. The firm has now signed a lease on an office in Dusseldorf, Germany, and established a presence in Central Eastern Europe with the appointment of Hungary-based Gábor Szatmári. The move follows the recent appointment of a market analyst in Paris to strengthened its presence in the French market.
