Aug 25 2013
With the aqusition of the Nikofeso Holding group with it´s principal subsidiary Nikiwood largest wood chips exporter in Ukraina Active energy Group has entered a new phase according to it´s CEO Richard Spinks. Recently, Augist 14 2013, a contract for chips supply to the Italian power producer Biomase Italia was announced.
The company has established operations in forestry-rich areas of Eastern and Central Europe, including Ukraine and the Balkan States, and has secured long-term supply contracts with forestry owners and operators to provide it with large volumes of raw timber feedstock.
This raw timber - primarily cut logs and waste- or fire-damaged wood - is delivered to the company’s processing facilities, strategically-located near major shipping and transport hubs, where it is converted using state-of-the-art equipment and innovative production procedures into high-quality woodchip and associated products for Biomass fuel and MDF manufacturing.
Currently the finished materials are directly loaded from the company’s port-side processing facilities and shipped via the Black Sea and Adriatic Sea to Biomass power plant operators and MDF manufacturers in Southern Europe. Other geographical markets, industry sectors and product offerings have been identified and are likely to come on-stream in the near future.
Professional Management and Long-Term Strategic Vision
The company is led by a highly-experienced and dedicated management team with a proven track record of working in the regions in which its operations are based. They have developed a long-term strategic vision for Active Energy Group which is designed to ensure growth for shareholders with the ultimate aim of creating a European market leader in the sustainable Biomass energy and timber products industries.
Richard Spinks - Chief Executive Officer
Richard Spinks, a British national resident in the Ukraine, has been working in Central and Eastern Europe for over 22 years. He has experience in the food processing, agriculture and forestry/biomass industries, with a specific focus on business development within these sectors in Eastern Europe and Ukraine. From 2004 to 2009, Mr. Spinks was the founder and chief executive officer at Landkom International Plc, one of the first AIM-listed companies that was based in Ukraine. Prior to Landkom, he held a number of roles in the seafood sector from 2001 to 2004.