HELLENiQ ENERGY and its subsidiary EKO Cyprus announce the start of scholarships for postgraduate studies as part of the Group's Corporate Responsibility Program, "Proud of Youth". Through the program, HELLENiQ ENERGY rewards, for the twelfth consecutive year, up to thirty (30) high school graduates with Distinction and University graduates who wish to further enrich their knowledge by obtaining a Master's Degree.
For the first time this year, the program also covers Cyprus, where the Group’s subsidiary company, EKO Cyprus, operates. A total of ten (10) of the thirty scholarships will be awarded to Cypriot high school and university graduates with distinction who wish to continue their studies at Greek and International Universities.
The launch of the program in Cyprus was officially announced during a press conference held on Wednesday, April 3, 2024, at the MAP Boutique Hotel in Nicosia, in the presence of managers and staff members of EKO Cyprus, members of the Board of Directors of Higher Education Institutions, representatives of the rector's office, representatives from the media and distinguished guests.
In his statement, Mr George Gregoras, CEO EKO Cyprus stated that, “With the decision to extend the "Proud of Youth" scholarship program to Cyprus, HELLENiQ ENERGY recognizes the added value of further training in today's competitive labor market and rewards academic excellence. All of us at EKO Cyprus welcome the 'Proud of Youth' Program in Cyprus and we are delighted that in cooperation with HELLENiQ ENERGY we will give the opportunity to young, outstanding high school graduates and University graduates to acquire specialized, complementary and up-to-date knowledge in specific areas related to the Group's activities. Our goal is to contribute substantially so that young professionals are able to meet the demands of their field and prepare them in their pursuit for more promising positions with prospects and development opportunities in the energy sector!”
The application process for participation in the "Proud of Youth" program started on Wednesday, April 3 and will end on Monday, May 20, 2024. It is emphasized that the program is open to specialized sectors related to the Group's activity, such as: "Engineering and Energy", "Digital Transformation", "Environmental Sciences" and "Economics and Management". To date, HELLENiQ ENERGY has offered 292 scholarships for academic studies in English-speaking or Greek-speaking programs at Higher Education Institutions.
To apply to the program and for more information, visit the portal: https://scholarships.helleniqenergy.gr/cyprus/
About EKO CYPRUS LIMITED
EKO CYPRUS LIMITED is a wholly-owned (100%) subsidiary of
HELLENiQ ENERGY. The company is active in the supply, storage, transportation, and
sales of liquid fuels, lubricants, and LPG to commercial and industrial
clients. The service station network of EKO CYPRUS LIMITED is by a large margin
the industry leader in the Cyprus market. The company has recently undertaken
the relocation of its oil and gas facilities from the Larnaca coastline to
Vasiliko, an investment that is forecast to exceed €50 million. The company's
contribution to the labor market is equally significant, with more than 1,500
people currently employed directly or indirectly by the company itself or by
its collaborating companies and service stations operating under the EKO
trademark.
About HELLENiQ ENERGY
HELLENiQ ENERGY, formerly known as HELLENIC PETROLEUM, is a leading energy integrated
group in Southeast Europe. The company was founded
in 1998 and operates in six countries, managing a portfolio that spans the
entire energy value chain. In 2023, the
Group's Operating Turnover amounted to €12.8
billion, with a Comparable EBITDA of €1.237 million and total investments
reaching €291 million.
HELLENiQ ENERGY is
driving energy transformation in all its markets,
embracing innovation and developing new initiatives. The Group’s main objective
is to become the leading provider of low-carbon emission energy solutions,
substantially contributing in addressing the causes and impact
of
climate change.
HELLENiQ ENERGY is active in energy production, supply and
distribution, increasingly shifting its focus towards new,
cleaner forms, as well as Renewable Energy Sources (RES). The Group’s diverse portfolio
covers the entire oil and natural gas value chain, including the refining,
supplying and marketing of gas and petrochemical products, the research,
hydrocarbon exploration, and fuel sales, while also rapidly advancing in RES.
Through joint ventures and participation, the company holds an important
position in generating electricity and in the supply of natural gas and
electricity.
HELLENiQ
ENERGY places people at the center of its business strategy, with its main
priority being ensuring long-term access to sustainable energy for all. As a
key investor, employer, and active member of society, the Group has a
significant socioeconomic impact in the countries where it operates and aspires
to be a consistently reliable social partner.
