More than 11 companies active mostly in the segment of electrical energy production, trade with electrical energy, natural gas and LPG industry and heat production industry.

A.EN. Group Company Profile

A.EN. Group is an international private joint-stock company active predomi-nantly in the energy sector. For nearly 15 years it has been a reliable producer and supplier of electrical energy. Today A.EN. Group includes more than 11 companies active mostly in the segment of electrical energy production, electricity trade, natural gas industry and heat production industry.

www.a-en.com

www.a-en.com

International private joint-stock company active predominantly in the energy sector A

.EN. G

roup

0102

A.EN. INVENT AG

Müllerstrasse 3280 469 MünchenDeutschland

info@a-en.com

+49-89-17958200 +49-89-17958201

www.a-en.com

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Table of Contents

Foreword

A.EN Group Turnover

Interview

Company History

Company Profile

Map

Company Structure

Electrical Energy

Natural Gas and LPG Industry

Heat Production Industry

Biofuels

Contact

Ing. Marián Smik

Company Divisions

A Map of A.En. Group

A.En. Slovensko s.r.o, A.En. CZ s.r.o, nitra Municipal Power Plant, a.s.(Mestská elektráreň Nitra a.s.), Nitra Sewage Treatment Plant

ECOEn Slovakia, a.s.

OPM 2 SR s.r.o., Teplico s.r.o.

A.En. Gas a.s., PROBUGAS, a.s.

Wolfgang Herrmann

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Dear business parners and employees,As A.EN.’s Chairman of the Board of Directors I would like to express my deepest gratitude for your cooperation. Over the last years we have success-fully completed several projects, which would be impossible to achieve without team effort. We have strengthened our position on the electricity market, commenced the construction of the Nitra Municipal Plant project, launched the ecological fuel segmet Ecocen, and, what I am particularly pleased about and consider to be one of the milestones in the his-torical development of A.EN. Group, we have suc-cessfully completed the acquisition of the company Probugas a.s., which has made us the number one producer of canistered gas in Slovakia as well as a major player on the market with alternative fuels such as LPG and CNG.

I would like to assure you that A.EN. Group will keep placing emphasis on the correct relations with its employees and partners as well as with its custom-ers since good company culture and the fulfilment of commitments are one of the pillars of our success.

Wolfgang Herrmann

Foreword By The Chairman of The Board of Directors

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A.En. Invent AG575 000

Teplico580 000

nitra Municipal PlantA.En. RU OOO

Zvolen Ecological CompanyEcoen Slovakia

421 000

A.En. Slovensko19 691 000

A.En. CZ11 952 000

Probugas14 375 000

A.En. Gas2 529 000

OPM 2 SR2 413 000

Turnover of AEN Group for the period 31. 12. 2014

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He attended the University of Economics in Bratislava between 1992 and 1997. While holding various business and

managing positions, he gained valuable experience in the field of business and project management. He was in charge of

business relations and the export of spare parts for engineer-ing industry to the Chinese market. Subsequently, he held the

position of executive director and trader on the electricity and coal stock market in Warsaw. Since 2001 he has been working for A.EN. Group, where he makes use of the experience which he gained in the power engineering sector. He was responsible for the establishment and management of electricity wholesale

on the German energy stock market and, at the present time, works as the Managing Director of the entire A.EN. Group

Group and CEO of Probugas.

An Interview with the CEO

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You have been with A.EN. Group from the very beginning. Why did you decide to enter the electricity trade?

Historically, it is connected with the fact that one always begins with things he or she is already famil-iar with. We are a group of people who have coop-erated in the power engineering industry before not only in Slovakia, but also in other markets like Poland, Germany or Eastern Europe. That’s why, on the basis of our experience and positive mutual chemistry, we founded the company A.EN.

So initially it was only the electricity trade?

Basically yes. The legislation in Slovakia did not enable a dynamic development of the trade with electrical energy but despite this fact we success-fully entered the markets in Slovakia, Poland and Germany. It is always true that whoever enters a market first, has a slightly better opportunity to build relations and a good reputation, which is something we benefit from also today. From the beginning our priorities have been the fulfilment of our commitments – both financial and com-mercial – and the effort to help our clients solve their problems.

So company culture and customer rela-tions play an important role in A.EN. Group?

They most certainly do. One of our principles is being people-oriented, be it our customers, staff or business partners.

How many people were involved in the beginning of the company’s history and how many people does A.EN. Group employ today?

At first, when we decided to leave for Germany and set up A.EN., there were three of us. That made all of us directors (laughter). One manag-ing, one sales and one financial director. I was in charge of the sales. Gradually, A.EN. Invent has transformed into a group that today includes 11 companies and has more than 100 employees.

Why did you decide to leave specifically for Germany?

A simple fact – one goes to a place with the best conditions or to a place with the most developed market. As I’ve already mentioned, in Slovakia the market was not developed, neither from the legis-lative nor from the business point of view. At the time, in the years 2000, 2001, the German market was liberalized and, therefore, enabled new play-ers to enter it. However, the reason for founding our company in Germany was the opening of the electricity exchange, which, nevertheless, does not mean we wanted to focus only on the German market. Thanks to our familiarity with the Central European region, we had valuable contacts and partners at our disposal who were able to supply electrical energy to us, which we imported to Germany from Slovakia via the Czech Republic, or directly from Poland. Our advantage was the fact that we did not focus on one market and we were able to make use of the synergistic effects between Germany and Eastern Europe.

In 2008 the world was hit by a financial crisis which also affected the energy sec-tor. Did it also affect AEN?

It definitely did, in that year we had some busi-ness projects that failed and the company’s financial results were negatively affected. But the following year 2009 was our strongest one regarding the turnover. On the other hand, the crisis made us consider what else we could do dif-ferently. We definitely wanted to embark on more palpable projects, not to remain only in the busi-ness sphere, but to break into production as well. Strategically, we therefore decided to develop our own production sources of heat or electrical energy, or, to put it differently, not to focus only on business but to expand our product portfolio.

Your company’s activities have mainly an ecological focus. Is it connected with the fact that A.EN. Group operates in Germany?

The fact that we operate in Germany gives us sufficient space and an overview when it comes

to using ecological sources. In that country we have witnessed that these things are possible and therefore we are trying to apply the same approach in Slovakia, be it in the form of the small hydroelectric power plant in Lisková or the Katarína Eco Turbine in Zvolen.

In 2014 you purchased the leader of the LPG business on the Slovak market –– Probugas. Why?

As I’ve already mentioned, the aim of A.EN. Group is to provide a complete service regarding energy supplies and a certain, albeit tiny, number of Slovak inhabitants uses propane butane gas, which a majority of us is no longer familiar with. Today propane butane is used to a lesser extent than in the past, but there is still some demand for it, and this product neatly fits into our portfo-lio. Not to mention the fact that Probugas has approximately 2,400 points of sale, which, of course, appealed to us very much, and through this network we would like to sell other products as well.

Is A.EN. Group active in any other areas apart from heat production industry, gas industry and electricity production and retail?

It´s necessary to mention that today the client also buys commodities other than just electrical energy and heat, and our ambition is to offer the end consumer the advantage of a wider choice of products from a single company. For this reason we have decided to enter retail where we offer not only electrical energy and gas, but thanks to the company Ecoen also ecological fuels - wood pellets and briquettes.

wood pellets and briquettes? How did you get involved in wood trade?

It fits our range of products perfectly. Not only in Slovakia but also abroad, there are many households and factories which use wood pellets and briquettes as fuel. For this reason and and because Probugas has a very dense sales network we have decided to build a state-of-the-art wood

pellet production line in Martin under the aus-pices of the company Ecoen, whose products are of the highest quality.

Where do you see A.EN. Group in 5 to 10 years from now how should it develop further?

Today, the company Probugas is active in the production and sale of electrical energy, heat production industry, gas industry and wood fuels, which makes it absolutely unique on the Slovak market. I’d be pleased if it stabilised in the future. Recently we have participated in a number of larger acquisitions and the processes have to be adjusted in such a way that the companies communicate between each other and operate ef-fectively. In addition, I’d be pleased if in the future A.EN. Group focused on the area of transport. We see a great potential in alternative fuels for LPG, CNG and electricity-powered automobiles, and I would be very happy if in the future A.EN. Group was an active player in this area. At the same time we would like to launch the construction of other renewable sources of energy, especially the construction or acquisition of small hydroelectric power plants.

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With the gradually devel-oping and changing busi-

ness environment, it is our goal to difersify A.EN.

Group’s activities focus-ing on electricity trade

and production. After the construction of electricity

generating sources, our sales department is capa-ble of optimising the pro-duction of electricity and

its subsequent sale.

Company Mission

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2001 20092004 20112006 20132007 20142008 2015

Mother company A.EN. Invent AG established

in Munich

Subsidiary A.En. Polska Sp. Z o. o. established

Company A.En. CZ, s.r.o. established

Zvolen Ecological Company, a. s. (Zvolenská

ekologická spoločnosť a. s.)established

OPM 2 SR, s.r.o. heating plant

acquired Company ECOEN Slovakia, a. s. established

Energy supplies to households in the total

volume of 1.2 TWh.

The cogeneration unit at STP Nitra

installed

Company PROBUGAS, a. s. acquired

Ecoen wood pellet production line in Martin

put into operationCompany Teplico, a. s.

established

Subsidiary A.En. RU OOO

established

Company Nitra Municipal Power

Plant, a.s. (Mestská elektráreň Nitra a.s.)

establised

Subsidiary A.En. Gas, Inc. established

Company History

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A.En. Group

A.EN. Group is an international private joint-stock company active predominantly in the ener-gy sector. For nearly 15 years it has been a reliable producer and supplier of electrical energy. Today A.EN. Group includes more than 11 companies active mostly in the segment of electrical energy production, electricity trade, natural gas and LPG industry and heat production industry.

CompanyProfile

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ProbugasA.EN. Gas

A.EN. Slovensko

Nitra Municipal PlantNitra Sewage Treatment Plant

Lisková ProjectZvolen Project

A.EN. CZA.EN. SlovenskoA.EN. Invent AG

OPM 2 SRTeplico

Ecoen

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Green transport

We want to develop our LPG network, but we also see an enormous potential in the CNG fuel sector in which we have an interest of becoming an active player on the market.

Acquisitions

We want to further expand our portfolio with the aim of improving the services provided to our customers and partners.

Internationalization

We want to increase our activity on foreign mar-kets not only in the electricity trade, but also by expanding our portfolio with our own products.

Green energy

We want to continue with the promotion of green energy and biological fuels, which are an insepa-rable part of A.EN. Group’s strategy.

Innovations

We want to continue using innovative solutions in each area of the power engineering industry. The latest evidence of this is the technological solution of the NMPP project or the Ecoen pellet production line – both of which represent the cut-ting edge in their segment.

Our Strategy

Our USP concerns mainly:

An active participation in the European power en-gineering sector. Regarding the area of electricity and gas trade, A.EN. Group is active on the en-ergy market in Central and Western Europe where an increasing number of customers goes hand in hand with new business opportunities.

An offer which provides the end consumer with a choice from a wide energy portfolio – electricity, natural gas, propane and propane butane, pellets and briquettes.

The construction and operation of projects based on renewable sources of energy and cogeneration.

The Company’s Vision

A.EN. Group’s ambition is to become the leader

in innovations in the Slovak power engineering

industry. We want to develop different types of renewable sources of electrical energy as well as alternative fuels, such

as LPG and CNG.

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The Company’s Vision

Ukra

ineAustria

Hungary

The Czech Republic

↑Zvolen Ecological Company

↑Probugas,Haniska pri Košiciach

←1,122 exchange points

←Ecoen Slovakia

↑SHPP Lisková

←LPG Gas station Handlová

←LPG Gas station Bratislava

↑Re-pumping station Čierna nad Tisou

↑Teplico

↑Probugas bottling plant

↑LPG Gas stations Martin

↑OPM 2 SR

↖natural gas pipeline from Russia

↓Sewage treatment plant

↑nitra Municipal Plant

↑natural gas storage facility Golianovo

↑A.En. BratislavaProbugas Bratislava

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Poland

A.EN. SlovenskoA.EN. CZNitra MPPNitra STP Lisková ProjectEco Turbine Project

A.EN. Gas Probugas

OPM 2 SR Teplico

Ecoen

Electrical Energy Natural Gas and LPG Industry

Heat Production Industry

Biofuels

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Distribution, Trade and Production of Electrical Energy

A.EN. Invent AGA.En. Ru OOO s.r.o.A.En. Slovensko s.r.o.A.En. CZ s.r.o.Nitra Municipal Power Plant, a.s. Nitra Sewage Treatment Plant

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A.EN. Group’s core activity focuses mainly on electrical energy. Be it the electricity trade or the construction and subsequent operation of power plants. An important role is played by green energy, which is represented by the Lisková Small Hydroelectric Power Plant and the Katarína Eco Turbine projects. In 2015, a com-bined electricity and heat generating unit in Nitra was put into operation.

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A.EN. SlovenskoA.EN. CZ

As part of the electricity trade in the Slovak and Czech networks we provide:

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The purchase and sale of energy on the spot mar-ket (standard products and diagrams on a daily, weekend and weekly basis).

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The purchase and sale of long-term standard products (monthly, quarterly, yearly).

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Fixed prices or prices tied to the short-term electricity market (ISOT, OTE).

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Cross-border trade using the acquired transmis-sion network.

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Specialist consultancy services with regards to electricity supplies.

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The purchase and sale of electricity as part of intraday trading (24 hours a day).

Thanks to its extensive experience from the area of electricity wholesale and to the liberalisation of the energy market, A.EN. Slovensko decided to become an electricity supplier for end consumers of electricity. We specialise in supplying medium-sized and small production companies and service providers.

On the basis of our specialist experience regard-ing the purchase of electricity and our knowl-edge of the relevant legislature and of energy consultancy services, we have become a strong and reliable partner for our electricity consumers whom we can offer not only competitive prices, but also specialist consultation, which leads to considerable optimisation of energy expenses for our partners.

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Our company’s aim is to continue providing comprehensive services regarding energy supplies to our customers. A.EN.’s mission on the energy market is to provide high-quality services and approach to its customers, and thus satisfying their needs and requirements. By sustaining reli-able and secure energy supplies, A.EN. offers its customers modern solutions aimed at a reduction of their energy consumption. A.EN.´s goal is to be a competitive supplier of electricity, with a stable share on the energy market. At the same time, by forming a stable and efficient staff with a common interest in the continuous growth of the company, A.EN. is becoming a responsible and reputable partner for energy supplies.

The building of long-term relationships with our business partners ensures a strong position for our company on the electricity market and our consistency in fulfilling our business obligations as well as the punctual fulfilment of financial transactions over a period of more than ten years make our company a reliable business partner. The number of business transactions provid-ing evidence for our flexibility exceeds 4,000 contracts per year. The approach to our business customers on an individual basis as well as the ad-justment of our financial policies to fit individual companies make us a flexible business partner with accessible conditions for each company.

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The Nitra Municipal Power Plant as the main investor in the projects believes that by operat-ing its power plants it will achieve a decrease in and stabilization of heat production costs for the inhabitants of the City of Nitra, it will support the stability of the transmission network within and in the vicinity of the city, and, by installing the best technologies available in this segment, it will contribute to the decrease in the amount of emissions and, consequently, to the protection of the environment.

The Nitra project company “Mestská elektráreň Nitra, a.s.” (Nitra Municipal Power Plant, Inc.) with the 100% ownership interest of A.En. Slov-ensko s.r.o. was established in 2008 with the clear aim of constructing and subsequently operating combined high-efficiency electricity and heat generating sources.

The process of the realization of the large Nitra Cogeneration Power Plant project commenced in August 2014. The proposed site for the new energy source is situated in a built-up area of the City of Nitra, on the south-western outskirts of the urban district of Chrenová, on the existing site of the Nitra Central Heat Generating Source. The new source was constructed with the aim of supporting the Slovak transmission network and also of using waste heat generated by the equip-ment in order to heat service water in residential houses and public facilities located in the con-nected housing estates in Nitra.

At present “Mestská elektráreň Nitra, a.s.” (the Nitra Municipal Power Plant, Inc.) operates two independent power plants:

→ The Nitra Cogeneration Power Plant

→ “BSP ČOV Nitra” (the Nitra Sewage

Treatment Plant)

Nitra MPP and STP

Facility Operation commenced Local nG + Standard nG Biogas

Cogeneration Power Plant nitra 2015 2 x 1,615 —

BSP STP nitra 2013 — 0,255

Installed output of heat producing facilities according to utilized fuel in MWt

Fuel

Facility Operation commenced Local nG + Standard nG Biogas

Cogeneration Power Plant nitra 2015 2 x 1,560 —

BSP STP nitra 2013 — 1 x 0,211

Installed output of heat producing facilities according to utilized fuel in MWe

Fuel

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Apart from the main project, in 2013 the Nitra Municipal Power Plant realized the Reconstruc-tion of Energy and Gas Management at the Sewage Treatment Plant project in Nitra – the installation of a cogeneration unit utilizing biogas as a fuel for the production of heat and electricity. The aim of the project consists in an effective uti-lization of energy of the entire amount of biogas produced as a byproduct of sewage treatment. Biogas will be burnt in the new cogeneration unit which will produce electricity and heat and, thereby, will utilize, to the maximum extent possi-ble, the energy potential of biogas. The generated electricity and heat will be utilized directly on the production site, i.e. on the premises of the sewage treatment plant, which will enable to lower the operator’s costs.

↑ Nitra Sewage Treatment Plant

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In pursuit of the fulfilment of the goals and strat-egy of A.EN. Group with regards to the construc-tion of renewable sources of energy, our long-term plan involves the construction of a small hydroelectric power plant “MVE Lisková”. A more efficient utilization of the hydro-energen-tic potential as the most significant renewable source of energy is one of the EU strategies. Ac-cording to the EU directive regarding the support for electric power produced from renewable sources, member states are supposed to achieve a 22.1 % indicative share of energy produced from renewable sources out of the total amount of the electric power produced.

According to the ´The Strategy for the Utilization of Renewable Sources of Energy´ approved by the government of the Slovak Republic in 2003, the development of renewable sources is one of the Slovak government´s priorities. The proposal of the energy policy of the Slovak Republic, debated and approved by the Slovak government at its meeting held on 11 January 2006, determines the fundamental goals and framework for the devel-opment of power engineering until the year 2030. This means that securing a sustainable economic

growth is conditioned by securing reliable sup-plies of energy at optimum costs, while ensuring an adequate environmental protection.

A.EN. Slovensko has been working on the realiza-tion of a hydraulic structure, a small hydroelectric power plant on the River Váh, in the cadastral area of Lisková, the district of Ružomberok. The project is now in the preparatory phase. Our com-pany via its general contractor has announced a tender for the provision of a feasibility study re-garding the hydraulic structure. According to the parameters of the rivercourse, it can be assumed that the capacity of the small hydroelectric power plant will be in the region of 1 MW. One of the benefits of the hydraulic structure will be not only a supply of clean electric power from a renewable source, but also the migration of aquatic animals, especially fish, thanks to the construction of a modern fish ladder. The project will also involve a higher degree of flood protection. At the same time, we would like to build a construction which will be tastefully incorporated into the surround-ing environment, serving as a pleasant recrea-tional zone for people.

Lisková Project

The contractor of the Katarína 74 MW Eco Tur-bine project is the project company “Zvolenská ekologická spoločnosť, a.s.” (Zvolen Ecological Company, Inc.), whose majority shareholder is A.En. Slovensko, a.s.

The aim of the project is the construction, funding and operation of a new steam condensing turbine with the maximum capacity of 74 MW on the premises of “Zvolenská teplárenská, a.s., Sloven-sko” (Zvolen Heat Production Company Slovakia, Inc.; henceforth ZT) in the city of Zvolen.

The project is based on supplying the generated heat to Zvolen as well as on the production of electricity in the steam condensing turbine. The proposed solution is based on a series of busi-ness contracts concluded between the partner companies “Zvolenská ekologická spoločnosť, a.s.” (henceforth ZES) and ZT concerning the the construction of an electricity generating source, namely the condensing turbine “Katarína 74 MW Eco Turbine”, and subsequent supplies of heat for a period of 30 years. The most important benefit of this solution is that it enables the preservation of the original capacity of the source with all the

positive social impacts and, at the same time, extends investement risks to more corporate enti-ties and the state.

The entire technological solution is designed in such a way that the operation of the heating plant is capable of satisfying the demands for heat supplies to Zvolen in the volume of ca. 600,000 GJ for a reasonable price, using the newly-installed turbine, of ensuring electricity supply to the net-work by means of the existing connection of 110 kV, and, at the same time, of providing a transmis-sion system for the power engineering system of the SR. For the purpose of the construction of the turbine, a building permit has been issued and the project is in keeping with the energy policy of the Slovak Republic.

The aim of the project is an optimum utilization of the capacity of the Zvolen heating plant while improving its economic efficiency by increas-ing electricity production. At the same time, the project relies on the burning of biomass in the heat generating sources, which will have a posi-tive socio-economic and ecological impact on the whole Zvolen region.

Katarína Eco Turbine Project

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Distribution and Trade With Natural Gas and LPG A.En. Gas, a.s.

PROBUGAS, a.s.

A.EN Group entered natural gas industry in 2007, when the company A.EN Gas was es-tablished with the aim of offering the customer not only electrical energy, but also natural gas. Another significant milestone in A.EN Group’s history in the segment of LPG industry was the acquisition of the company Probugas, which is the leader of LPG business on the Slovak mar-ket. A.EN Group’s vision in this area is to fully utilize the potential of alternative fuels, such as CNG and LPG.

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natural Gas Industry

↓ Probugas Martin

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A.EN. Gas

The company A.EN. Gas, operates on the Slovak market as a business partner which has been sup-plying medium-sized and small businesses with electricity and natural gas since 2010. At present, the company provides gas supplies to its customes in the total volume of more than 60,000 MWh per year.

At the same time, the company operates the local natural gas distribution network in a develop-ing industrial park where it is responsible for the distribution and supplies of natural gas.

Our References

Local governments (towns and villages), munici-pal heating and power plants, guesthoses, restau-rants, schools, dormitories, hospitals, retirement homes, theatres, museums, galleries, libraries

A.EN. Gas’s priority is to provide for their gas consumers:

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The most favourable prices.

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Transparent contractual relationships.

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The completion of all administrative tasks.

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Professional consultancy services.

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An individual approach of our trained staff.

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A.EN. Gas’s aim is to strenghthen its existing and stable and competitive position of a flexible, reli-able and responsible business partner on the en-ergy market, to provide secure supplies of natural gas, including high-quality and comprehensive, made-to-measure services for customers who are looked after by an efficient team of profession-als who provide an individual approach with the utmost interest in fulfilling the client’s needs and requirements.

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Probugas

The joint-stock company Probugas, the largest supplier of propane and propane butane on the Slovak market since 1991, became part of A.EN Group in the beginning of June 2014. Its head-quarters are situated in Bratislava, with additional places of business based in Martin and Haniska pri Košiciach. The company also owns a re-pump-ing station in Čierna nad Tisou. Furthermore, Probugas is one of the founding members of the Association of LPG Companies.

Probugas’s priority is to offer secure and quality products with a swift and problem-free distri-bution. The company distributes propane and propane-butane to households, companies and LPG gas stations in cylinders or bulks, which enables a wide variety of uses, such as heating, water heating, cooking, drying, barbecuing, other technological processes and, finally, fuelling cars and fork-lift trucks.

The reliability of supplies is guaranteed thanks to the diversified sources of LPG purchase and the company owns a re-pumping station which ena-bles the pumping of LPG from the Russian Federa-tion. The company also takes pride in the high level of its services - it regularly introduces inno-vative solutions for improving customer services and systematically and thoroughly raises public awareness about the safe manipulation with gas and about the eco-friendliness of propane.

Probugas, with its vision of becoming the Central European leader on the LPG market, intends to continue to provide quality services and supply-ing quality gas, but most importantly to adhere to all rules for conducting business in accordance with the valid legislation. The company continu-ally makes investments and searches for new uses of LPG since it believes that propane as a fuel is an ecologically clean and promising source of energy.

Aboveground 1,2t 1,5t 2,1t 4t 5,6t 7,5t

Underground 1,2t 1,5t 2,1t 4t 5,6t 7,5t

Steel cylinders

Propane 10kg 10kg Easy 33kg

10kg

Propane butane 10kg 5kg Easy 2kg

Composite cylinders

Propane 10kg Easy 7,5kg

Propane for fork-lift trucks 10kg 14kg

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More than 1,500 possible uses of propane and propane butane

1,222 exchange points with gas cylinders

More than 1,500 tonnes of gas stored in the spherical tanks in Martin

1,200 bulks installed in Slovakia

The company’s own large capacity re-pumping sta-tion in Čierna nad Tisou – total daily capacity of 250 t, annual up to 100,000 t

50,000 cylinders filled monthly; 600,000 annually

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Distribution and Produc-tion of Heat

OPM 2 SR s.r.oTeplico s.r.o

Heat Production Industry

Heat production is a segment closely con-nected with other A.EN. Group’s activities. In Turčianske Teplice the company Teplico operates a municipal heating plant which supplies heat to more than 1,000 residential and non-residential premises, and since 2008 A.EN. Group has been operating the Central Heat Generating Source in Nitra with the total output of 35 MW.

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In 2008 the acquisition of the OPM 2 SR heating plant as a subsidiary of A.EN. Slovensko, took place. The company is based in Nitra and its role is to operate the Central Heat Generating Source (CHGS) in Chrenová.

The CHGS consists of 4 boilers with the total installed output of 34.36 MW, thanks to which OPM 2 SR, s.r.o. is capable of supplying heat and hot service water to the entire urban district of Chrenová. The total annual volume of the produced heat constitutes approximately 170,000 GJ. All the operated devices are subject to regular inspections which guarantee their functionality, reliability and a high level of annual availability.

OPM 2 SR, s.r.o. has set itself clear pririties:

Self-sufficiency

It burns local natural gas which is extracted in the vicinity of 11.5 kms from the CHGS, by which it partially contributes to a lower reliance of the Slo-vak Republic on natural gas imports from abroad.

Economy

The operation achieves an average annual ef-fectiveness in heat production above the set limit of effectiveness thanks to a regular maintenance carried out by our qualified staff.

Environment

The burning of natural gas for heat production produces a smaller amount of CO2 greenhouse gas in comparison with the burning of coal as a result of a smaller emission factor, and, practically, no solid pollutants such as fly ash are produced.

Reliability

On the basis of the quality standards assessment, it reaches 100% reliability and quality regarding heat supplies to consumers.

At present, OPM 2 SR, is trying to launch heat production in cooperation with the Nitra Municipal Power Plant, Inc., which operates the Cogeneration Power Plant with combined high-efficiency electricity and heat production. This cooperation should lead to a decrease in operat-ing costs of the primary energy sources and also to a decrease in the prices of heat for consumers.

OPM 2 SR CHGS Technical Data

K1 – ČKD Dukla BK 10 6,9 MW

K2 – ČKD Dukla OKP 16 11,06 MW

K3 – Viessmann Vitomax 200 8,2 MW

K4 – Viessmann Vitomax 200 8,2 MW

Total nominal output 34,36 MW

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In 2013 A.EN. Group expanded due to the acquisi-tion of a business share in the company TEPLICO s.r.o., in which the Town of Turčianske Teplice is a business partner. Its activity involves the produc-tion of heat and hot water as well as residential and commercial property management in the Town of Turčianske Teplice. As much as 96% of Teplico’s income comes from the production and supplies of heat and hot water.

While in the 1990s at its production facilities Teplico produced approximately 14 GWh of heat per year, currently, it produces around 7 – 8 GWh per year. This is caused by the fact that, currently, 98% of consumers’ flats are insulated and heat ad-justed. Simultaneously, the company modernized its heat generating sources in such a manner that today it produces heat not only in gas-fuelled hot water boilers, but also in condensing gas boilers.The company also operates a woodchip biomass-

Up until the 1990s, Teplico was only engaged in residential and commercial property management for its only customer, the Town of Turčianske Teplice. Due to the general interest expressed by tenants regarding the sale of council flats to personal owners, in the last decade part of the town’s residential property was sold into perso-nal ownership. In a majority of cases the sitting

Teplico

Overview of Managed Residential and non-Residential Property

Installed output of heat producing facilities according to utilized fuel in MWtBK K1 Horné Rakovce 6,45 GWh/year

BK Kuzmányho 14 0,90 GWh/year

DK Červenej armády 12,14 0,19 GWh/year

DK 1.mája 21 0,02 GWh/year

Facility Operator Biomass Standard nG

Block boiler houses Teplico,s.r.o. 1,00 5,16

name Residential Property non-Residential Property

Municipal Residential and non-residential Property Management

166 9

FOA Residential and non-residential Property Management

345 —

Total 511 9

Fuel

-fuelled boilers with the installed heat output of 1.00 MWt, from which heat is supplied to consu-mers in the urban district of Horné Rakovce, using this method to produce ca. 50% of the total heat production from this source. At the same time, a technical and financial evaluation is being prepa-red for the replacement of gas-fuelled boilers with biomass-fuelled boilers in other boiler houses.

tenants became the new owners and united under Flat Owners Associations (FOAs). Owing to the previous long-term cooperation, FOAs decided that Teplico should continue to provide residen-tial property management to them.

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Heat plant Horné Rakovce

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Production and Supplies of Biomass

ECOEN Slovakia, a.s.

Biofuels represent another segment with a great potential which has expanded A.EN. Group’s activities. They are connected to the company’s aim to provide to the customer a com-prehensive package of energy products. There-fore, in 2009 the company Ecoen was established specializing in the production of pellets and bri-quettes of the highest quality and which today supplies 13,000 tonnes of biofuel per year.

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The joint stock company Ecoen Slovakia is predo-minantly engaged in the production, processing and supply of plant biomass used for energy purposes. Ecoen Slovakia’s vision is to become the leader in this area in Slovakia.

The company’s basic activities involve the supply of energy woodchips and the clearance of woody plants resulting from natural seeding. However, the principal step in the fulfilment of the com-pany’s vision was the decision to embark on a pro-ject involving a wood pellet and briquette produc-tion line, which Ecoen Slovakia constructed and in 2015 put into operation, with the total production capacity of more than 13,000 tonnes per year.

The established cooperation with other companies from the group predestines Ecoen to become the leader on the regional market with pellets and briquettes. The ongoing projects of the reconstruc-tion of older boiler houses into boiler houses utili-zing wood pellets and energy woodchips guarantee a long-term perspective and sustainability of this position. A significant role in the fulfilment of this position is also played by the intended export to foreign markets.

EcoenPellet Plus Class A1

Diameter 6 mm

Length L 3,15 < L < 40 mm

Moisture < 10%

Mechanical durability Min. 97,5%

Calorific value > 16,8 MJ/kg

Ash content < 0,5 %

Briquette Parameters

Diameter 7.5cm

Length 30 cm

Moisture < 10%

Ash content < 1,2 %

Calorific value > 16,5 – 19 MJ/kg

Estimated production tonnes/year

Pellets Plus 9 000

Pelety Standart 2 000

Briquettes 2 000

Total 11 000

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Production Line Parameters

Pellet production capacity 1,5 t/hour

Briquette production capacity 0,9 t/hour

Operation 2-3 shifts

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We would like to thank everyone who stood by the company A.EN. Group not only last year but also over the past fourteen years. Our custom-ers’ trust, feedback, active cooperation and the

support in dealing with collective tasks are enor-mously valuable to us. We would like to thank all

our business partners as well. Our gratitude is also extended to our project teams, who are ca-

pable of respecting each other under the difficult circumstances and of achieving successful results.

Finally, we would like to thank our employees, who are the most valuable asset of our company

and who trust it and shape it.

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Acknowledgement

A.EN. Invent AGMüllerstrasse 3280 469 MünchenDeutschlandE info@a-en.com

T 0049-89-17958200

F 0049-89-17958201

Mestská elektráreň Nitra a.s. Nábrežie mládeže 89949 01 Nitra SlovakiaE office@men-nitra.eu

T +421 376 504 113

F +421 376 504 113

PROBUGAS a.s.

Miletičova 23821 09 Bratislava SlovakiaE infomail@probugas.sk

T 02 / 40 20 13 11

F 02 / 40 20 13 08

www.probugas.sk

Zvolenská ekologická spol. a.s. Dúbravca 5 036 01 Martin SlovakiaE info@a-en.com

T 0049-89-17958200

F 0049-89-17958201

A.En. Slovensko s.r.o.

Dúbravca 5036 01 MartinSlovakiaE info@a-en.com

T +421 434 901 421

F +421 434 922 916

A.En. CZ s.r.o.

Lidická 73602 00 BrnoCzech RepublicE info@a-en.com

T 0049-89-17958200

F 0049-89-17958201

PROBUGAS a.s.

Dúbravca 5036 01 MartinSlovakiaE infomail@probugas.sk

T +421 43 420 3011

F +421 43 420 3014

www.probugas.sk

ECOEN Slovakia a.s.

Dúbravca 5036 01 MartinSlovakiaE ecoen@ecoen.sk

T +421 915 853 213

www.ecoen.sk

A.En. Ru OOO s.r.o.

Bolshaja gruzinskaja 58123 056 MoscowRussiaE info@a-en.com

T 0049-89-17958200

F 0049-89-17958201

A.En. Gas a.s.

Dúbravca 5036 01 MartinSlovakiaE office@a-en.com

T +421 434 901 421

F +421 434 922 916

Electrical Energy

Electrical Energy

Electrical Energy LPG Industry Biofuels

Electrical Energy LPG Industry

Electrical Energy LPG Industry

Electrical Energy

OPM 2 SR s.r.o. Nábrežie mládeže 89949 01 Nitra SlovakiaE opm@opm.sk

T 421 376 504 113

F 421 376 504 113

Teplico s.r.o.

Kuzmányho 246/14 039 01 Turčianske TepliceSlovakiaE office@teplico.sk

T +421 434 901 421

F +421 434 922 916

Heat Production Industry

Heat Production Industry

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