Our aim is that Elin Biofuels should continue to show consistent and dynamic growth, maintaining its moral values and the friendly, cooperative and family atmosphere that set it apart.
-To remain flexible, innovative, farsighted and pioneering and to radiate a feeling of confidence and positive energy.
-To remain dedicated to the true protection of the Environment on all levels and to be active in sectors that do not conflict with its beliefs regarding Man and Ethics, with an emphasis on renewable energy sources.
-To yield the necessary profit that will allow it to put the above into practice for the benefit of its people and its share-holders.
The idea of creating Elin Biofuels dates back to 1998, before the official founding of the company, when Stamoulis Stournas, then professor at the National Technical University of Athens, suggested to the Administration of ELINOIL SA, specifically to the CEO Haris Kinigos and the Manager of Development Yannis Courouclis, that ELINOIL should become involved in biodiesel. Thus, our History is divided into two periods:
Elin Biofuels is linked with the ELINOIL Group, which owns 37% of its shares. ELINOIL S.A., (elin), which was founded in 1954, participates in the energy market of Greece. It supplies industrial liquid and solid fuels, automotive fuel through a nationwide network of petrol stations, domestic heating oil, marine fuels through an extensive network of petrol stations in marinas, lubricants for industry and cars, as well as marine lubricants in Greece and in 120 harbours worldwide. In addition, it has substantial infrastructures, such as tank farms, a large fleet of road tankers and a fleet of motor tankers, two of which were custom built for the supply of its island petrol station network.
ELINOIL owns 100% of the shares of the following subsidiary companies:
|Elin Technical SA :||Construction Sector|
|Elin Maritime SA :||Tanker managment|
|Elin Stations :||Management of company owned petrol stations|
|Elin Renewables :||Preparation for the production of Biomass|
Board of Directors
The company is administered by a seven-member Board of Directors, made up of the following:
|Yannis Courouclis||President and CEO|
|Haris Kinigos||Vice President|
The term of office of the Board of Directors ends on 30/06/2021