News/02

Vienna, Austria – [Date] – TENCITY Energiehandel GmbH announces its cooperation with Gottfried Pollack to develop the company’s lubricants business. Mr. Pollack brings over 35 years of distinguished experience in the Lubricants and Additives business, where he most recently served as Director of Sales at The Lubrizol Corporation.

“We are thrilled to welcome Gottfried to our new project covering SANEG product line ” said Dmitry Brodskiy, Managing Director of TENCITY Energiehandel GmbH. “His exceptional track record at Lubrizol, combined with his deep industry knowledge and proven sales leadership, makes him the ideal candidate to drive our lubricants business forward. Gottfried’s expertise will be instrumental in establishing TENCITY in the German and Austrian lubricants markets.”

“I am excited to cooperate with TENCITY at this pivotal moment in the company’s growth,” said Gottfried Pollack. ” TENCITY’s established expertise in energy supply chain management, combined with its strong presence in Central and Eastern European markets, creates an excellent foundation for expanding into the lubricants sector. I look forward to building upon the company’s success and developing new opportunities in this dynamic market.”

“In today’s world, lubricants go so far beyond the use in the car engines. From marine and industrial uses, to renewable energy and agriculture, specialized lubricants are an indispensable part of today’s world. SANEG’s production expertise and TENCITY’s marketing reach are a combination that brings a lot of value”

In his role, Mr. Pollack will leverage his extensive background in lubricants and deep understanding of the markets for engine oils, industrial applications, and transportation-related fluids. His high profile reinforces TENCITY’s commitment to expanding its portfolio beyond traditional energy trading.

TENCITY’s core fuels operation grew through the first half of 2025. During this period, 18,500 metric tons of diesel were supplied from German refineries and ports to our customers in Eastern Europe, increasing significantly on a comparable period in 1H 2024. In addition, on the strength of TENCITY’s existing ISCC certification, the first HVO deals have been concluded and volumes successfully delivered to our customers in Germany. To better serve our wholesale customers and complement our existing portfolio of B2B energy solutions, TENCITY became the official distributor for SANEG Oil Italy S.p.A. lubricants in Austria and Germany

Mr. Brodskiy, the Managing Director of TENCITY Energiehandel GmbH said: “Securing reliable supply of mineral fuels with German refinery quality and expanding into renewables underlines our commitment to availability of various fuel grades for our customers. Looking ahead, we remain focused on expanding market coverage, both in terms of adding new products and supply sources. Our team is diligently working to maintain efficient procurement and distribution channels in CEE, so our new and existing customers can benefit from the highest flexibility and reliability that they expect from TENCITY”.

May 6th, 2025 – TENCITY today announced its first deal to supply Hydrotreated Vegetable Oil (HVO) by truck from the Amsterdam-Rotterdam-Antwerp (ARA) region to the German market, marking a milestone in the company’s expansion of sustainable fuel supplies across Europe. HVO, an advanced renewable diesel, can reduce greenhouse gas emissions by up to 90% compared to fossil diesel, while contributing to Europe’s energy security. HVO’s drop-in capabilities allow it to be used in the existing diesel infrastructure and engines without modification. Germany is EU’s leading HVO consumer, embracing HVO’s unique qualities in its push for decarbonization and energy independence. The ARA region is Europe’s main import and trading hub for biofuels.

“This inaugural HVO supply agreement is a key step in our mission to offer a full spectrum of motor fuels to our customers,” said Mr. Dmitry Brodskiy, CEO of TENCITY. “By establishing this supply chain from the ARA region, we’re enabling our customers to more readily access high-quality, sustainable fuel alternatives that substantially reduce carbon footprints while meeting stringent performance requirements. TENCITY takes the complexity and the workload from HVO supplies, providing an easy, single truckload just-in-time solution that our clients demand”