PGNiG SUPPLY & TRADING (PST) AND LEAD CONSULT CELEBRATE AN EXPANDED AND INNOVATIVE PARTNERSHIP

LEAD Consult, a leading provider of business and IT consulting services in the energy sector, is thrilled to announce the extension and enhancement of its successful partnership with PGNiG Supply & Trading GmbH (PST). Since 2021, when LEAD Consult played a crucial role in helping PST successfully go-live, our strategic partnership has continued to strengthen.

Building on the success of the previous year, the collaboration between PST and LEAD Consult has evolved, with LEAD Consult playing a pivotal role in advancing PST’s business processes and boosting company productivity through a series of transformative projects in 2023.

The partnership focuses on the maintenance and expansion of the Energy Trading and Risk Management (ETRM) system, introducing flexibility in trade valuation, automating trade settlements based on price structures, and implementing features such as SWAP templates for invoices and confirmations, enhanced interfaces, and up-to-date
regulatory reporting. Furthermore, the collaboration has ensured the seamless handling of the merging of NCG and Gaspool pipelines, enhancing the overall cohesion of the energy trading infrastructure. Additionally, configuration and modeling of Power BI reporting using data from Allegro have been prioritized, providing stakeholders with comprehensive insights for informed decision-making and contributing to the overall efficiency of the ETRM system. Skipping irrelevant credit parties in credit valuation and enhancing custom interfaces with better error handling further underscores our dedication to staying at the forefront of the energy market.

As a trailblazer in energy IT consulting services, LEAD Consult will showcase its expertise in helping energy companies navigate the digital landscape. The spotlight will be on their signature middleware product, the LEAD Universal Loader,

“This collaborative effort not only ensures a seamless and adaptable ETRM system but also positions PST at the forefront of industry innovation. The enhancements introduced by LEAD Consult reflect a commitment to operational excellence and a keen understanding of the intricate demands of the energy market, enabling PST to navigate complexities, mitigate risks, and stay ahead in a rapidly evolving industry.” Marek Gabryjelski, Head of Risk and Finance Department at PST, commented.

Alexander Nikolov, Founder, CEO, and Principal Consultant at LEAD Consult expressed his enthusiasm: “We are thrilled to extend our collaboration with PST, playing a pivotal role in helping them navigate the dynamic landscape of the ever-evolving energy markets. Leveraging our expertise in ETRM system maintenance, data processing, and automation, we are strategically positioning PST to enhance competitiveness and deliver even more advanced services to their valued clients.”

About PGNiG Supply & Trading GmbH (PST)
The strategic integration of PST into the ORLEN Group marks a significant milestone. ORLEN Group, as a multienergy
concern, is also the leader in the Polish gas market with rich traditions and experience. Operates in exploration, production, import, storage, sales, and distribution of gas, liquid fuels, and electricity. PST, as a 100% subsidiary of ORLEN S.A., now serves as a key interface to European energy markets, with a focus on Central and Eastern European markets. With a focus on sustainability and innovation, PST continues to play a crucial role in ORLEN Group’s international profile.
For more information, please visit PST’s website: https://pst-energie.com/about-us-en

For media inquiries, please contact:
Alexander Nikolov, Co-Founder, Mobile: +49 (0) 1738019832, +359 (0) 889584086
Dragomir Stanchev, Co-Founder, Mobile: +49 (0) 17662661444, +359 (0) 879278672
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