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Axpo Trgovina

Croatian subsidiary of the Swiss Axpo Group providing energy trading and services.

Last updated September 28, 2026

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Overview

Axpo Trgovina društvo s ograničenom odgovornošću za trgovinu i usluge is a Croatian limited liability company that operates as part of the Axpo Group, Switzerland's largest energy producer and an international leader in energy trading and the marketing of wind and solar power. The entity's registered name explicitly covers trading and services, indicating its role within the group's commercial activities in Croatia. Axpo Group, headquartered in Switzerland, employs more than 7,000 people and operates in over 30 countries across Europe, North America and Asia. Its business areas include renewable energies, generation and distribution, and energy trading and sales. Axpo Trgovina is one of the group's local operating companies, focused on the Croatian market. The parent group describes itself as driven by a purpose to enable a sustainable future through innovative energy solutions, combining experience of over 100 years with cutting-edge technologies. While detailed financial and operational data specific to Axpo Trgovina are not publicly disclosed in the available evidence, its existence as a registered Croatian company reflects Axpo's presence in Southeast Europe. The company is a subsidiary within the Axpo Group structure, which is owned by Swiss cantons and cantonal utilities. Axpo Trgovina's activities likely include wholesale energy trading, risk management and related services for customers in Croatia, consistent with the group's overall business model.

History

Axpo Trgovina društvo s ograničenom odgovornošću za trgovinu i usluge is a Croatian subsidiary of the Axpo Group. The Axpo Group itself traces its roots to 1914, when it was founded as Nordostschweizerische Kraftwerke AG (NOK), a consortium of Swiss cantons and cantonal utilities created to secure electricity supply in northeastern Switzerland. Over the following century, the group expanded from a regional power producer into an international energy company active in trading, renewable energy development and energy services. The Croatian entity, Axpo Trgovina, was established as part of Axpo's broader expansion into Southeast European energy markets. Its registered name, which translates to 'Axpo Trading limited liability company for trade and services', indicates its focus on commercial energy activities. The company operates within the Axpo Group's Trading & Sales business area, which is led by Domenico de Luca as Head Business Area Trading & Sales. Axpo Group today describes itself as Switzerland's largest power producer and an international leader in energy trading and the marketing of wind and solar power, with more than 7,000 employees in over 30 countries. The group's purpose is to enable a sustainable future through innovative energy solutions. Axpo Trgovina contributes to this mission by serving the Croatian market, likely engaging in wholesale electricity and natural gas trading, risk management and related services. While specific milestones for the Croatian subsidiary are not publicly detailed in the available evidence, its existence reflects Axpo's commitment to operating across European energy markets. The parent group is owned by Swiss cantons and cantonal utilities, and its Board of Directors is appointed by the Shareholders' General Meeting. As of the latest available information, the CEO of Axpo Group is Christoph Brand, and the Chairman of the Board is Roland Leuenberger.

Products and positioning

Product categories. Energy trading · Risk management solutions · Renewable energy certificates

Sources5 sources

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