Warm Embrace from EKO Cyprus

EKO Cyprus remains committed to its social contribution and helps improve the quality of life for citizens, especially children, through the successful initiative "Warm Embrace". This initiative began in November 2022 and continues for the third consecutive year, covering the heating oil needs of charitable institutions and organizations.

Thus far, EKO Cyprus, a subsidiary of the leading energy group HELLENiQ ENERGY, has provided free heating oil to 13 charitable institutions, the "Archbishop Makarios III" Hospital, as well as the Adult Day Care Center for People with Disabilities in Peristerona. The total contribution is expected to exceed 500,000 liters by the end of the year.

Strengthening the commitment of supporting society and addressing its needs effectively, EKO Cyprus focuses its efforts on areas located at an altitude of over 600 meters, that host nurseries, daycare centers, elderly homes, and care centers for people with disabilities. Specifically, these include the communities of Foini, Agros, Evrychou, Kalopanayiotis, Kapedes, Kyperounta, Palaichori, Pano Kyvides, Pano Lefkara, Pelendri, Salamiou, and Temvria, which are part of the National Strategy for the Development of Mountain Communities in Troodos.

At the same time, EKO's "Embrace of Love" extends to the "Archbishop Makarios III" Hospital, the only hospital specialized in maternity and children's care, as well as the Day Care Center in Peristerona.


Referring to the initiative, the CEO of EKO Cyprus, Mr. Giorgos Gregoras, stated: "Giving back to our fellow citizens is an integral part of EKO Cyprus' core values. In this spirit, we continue this year to support charitable institutions in mountainous areas and at Makarios Hospital with all our strength. We extend our hands to offer warmth during the winter months and a warm embrace of love to those who need it most. We promise to do everything in our power not only to continue this initiative in the coming years but also to expand it."

Visit the EKO Cyprus website here and follow its official social media pages:
Facebook: EKO Cyprus, Instagram: @EKOCyprus


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 or the generation of 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.