TENCITY announces its results for 2024

TENCITY announces its results for 2024

TENCITY Energiehandel GmbH’s first full operational year yielded 11 million euro turnover, validating the TENCITY business model and setting the stage for expansion. Focusing on supply of motor fuels by rail, mostly diesel, TENCITY shipped more than 15000 metric tons in 2024. All the volumes were sourced from German refineries and terminals, then headed east to the neighbouring EU Member States.

TENCITY successfully passed ISCC certification, opening the door to trade in fuels with renewable components. Our product range can now extend to petrol station-ready fuels such as gasoline E5/E10, diesel B7, and HVO (XTL).

TENCITY was well represented on key industrial events and forums, including IE Week, Argus conferences and many others, staying up to date on the latest trends and broadening our client base.

Dmitry Brodskiy, TENCITY’s managing director, said: “I am satisfied with our performance in our first year of operation. Despite extremely challenging environment with double digit declines in some of our markets, TENCITY team consistently created value for our customers. We are confidently looking forward to 2025.”