Elenger Expands Reach and Rebrands in Key Markets
Elenger,
previously known as Eesti Gaas, is adopting a unified name across its operations in the Baltic and Finland. This change reflects the company’s evolution into a leading international energy provider with a diverse portfolio encompassing electricity, green gas, and LNG.
From Estonia to the World: A Transformation into a Pan-Baltic Engine for Sustainable Energy
The company emphasizes that this name change signifies more than just a new logo. “Our company has long been more than just ‘Eesti’ and ‘gas’,” explains Elenger CEO Margus Kaasik. “We are an international energy company with a footprint extending from the Arctic Circle to the German border. Most of our revenues and assets are located abroad,” Kaasik adds, highlighting the scope of Elenger’s expansion beyond Estonian borders.
position in the natural gas markets of Latvia. This success has come through a combination of exceptional service to corporate clients and the opening of new market segments for household customers. This expansion has allowed Elenger to build trust and become known for providing reliable and sustainable energy solutions. Elenger aims to replicate this success in other markets. “We plan to achieve a leading position in Frost the household segment, gaining a 25% market share in the next few years, which is a realistic goal because Latvia still has a large enough population that could change suppliers by comparing offers and choosing a more profitable one, ” says Dāvis Skulte, Chairman of the Board of the Latvian company “Elenger,” illustrating their vision for growth.
“In addition
to
selling energy
energy and ‘green’ gas ourselves, as well as manage the infrastructure
of distribution
networks.”
Beyond Natural Gas: A Commitment to Renewable and Diversified Energy Solutions
Elenger recognizes the importance implementing
sustainable practices.
Beyond its natural gas operations, Elenger is investing in renewable energy solutions across its portfolio.
“aims to diversify its energy portfolio and further solidify its position in renewable energy.”
While gas will continue to play a crucial role for
energy security,
the company is proactively investing in renewable energy solutions. Elenger is expanding its solar power generation capabilities within Latvia.
They plan to constructed more solar power plants in the near future. Elenger is further investigating technological advancements. This includes proactive integration
battery systems that
Elenger
is active in international energy trade. 900 employees work in the group.
over the past two years, Elenger
made
some of Estonia’s largest foreign investments .. Last year, the
company achieved
billion-euro company
,
ranked third by
turnover in Estonia,
. This year,
it was recognized as Estonian Chamber
of Commerce
and
is
reflecs the
company has pontial to grow,
become one of the leading
Providementfor the
performance for the exceptionally
a main list
of the
Nasdaq Tallinn Stock Exchange.
In what other markets does Elenger aim to replicate its successful Latvian model?
## Elenger: Powering the Future
**Host:** Welcome back to the show. Today we’re joined by Margus Kaasik, CEO of Elenger, formerly known as Eesti Gaas. Elenger has recently undergone a major rebranding and expansion. Margus, thank you for joining us.
**Margus Kaasik:** It’s a pleasure to be here.
**Host:** So, tell us about this rebranding. What prompted this change from Eesti Gaas to Elenger?
**Margus Kaasik:** It’s more than just a name change, it reflects our evolution into a truly international energy company. We’ve grown far beyond Estonia, with operations stretching from the Arctic Circle down to the German border. [[1](https://elenger.lv/en/elenger-s-parent-company-eesti-gaas-signed-an-agreement-to-acquire-ewe-group-s-energy-business-in-poland/)
**Host:** And this international presence is reflected in your diverse portfolio.
**Margus Kaasik:** Absolutely. While we began with natural gas, we now offer a comprehensive range of energy solutions, including electricity, green gas, and LNG. This rebranding allows us to present a unified image that reflects this broader scope.
**Host:** You mentioned expansion. Latvia seems to be a key market for Elenger.
**Margus Kaasik:** It certainly is. We’ve seen fantastic success there, growing significantly in the corporate and household sectors. This success comes from building trust by providing reliable and sustainable energy solutions. We aim to replicate that model in other markets.
**Host:** Exciting times for Elenger. Any final words for our viewers?
**Margus Kaasik:** We believe in a sustainable energy future, and
we’re committed to providing innovative solutions to power that future.
**Host:** Thank you for your time, Margus.
