Lama Energy A.S. (Czech Republic)

Lama Energy A.S. is a traditional Czech energy supplier that has been operating in the Czech market since its establishment on April 1, 2007, following the liberalization of the industry. Initially operating under the name LAMA INVESTMENTS, the company supplied gas to large consumers and households under the brand levnyplyn.cz since 2009. Since June 2011, Lama Energy has expanded its portfolio to include electricity supply and has expanded to the Slovak market. Unlike single-purpose companies that only resell energy commodities, Lama Energy is part of the Lama Energy Group (LEG), which has its own oil and gas extraction operations in southern Moravia. Gas extracted within the LEG group covers one-fifth of Lama Energy's customers' needs, making the company largely independent of market fluctuations. Despite the highly competitive environment, Lama Energy is increasing its delivery volume. Its customers include significant industrial companies, heating plants, hospitals, and government offices. Lama Energy prides itself on fair treatment of customers, both large and small. The company's contractual terms do not include any hidden commissions or fees associated with contract closure or termination. The company's success with customers and its honest work have resulted in excellent economic results, providing stability and certainty for customers. The consolidated revenues of the LEG group exceeded 18 billion CZK, with an EBITDA indicator of 792 million CZK (data for 2015).