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Hera Group
Hera Group

Energy / Energy supply

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Overview
The Hera Group is an Italian multi-utility company that provides electricity, gas, water, and waste management services to over 4 million customers. It was founded in 2002 through the merger of several smaller companies, and is currently headquartered in Bologna, Italy.
The company operates primarily in the northern and central regions of Italy, but also has a presence in other parts of the country. It is one of the largest companies in the multi-utility sector in Italy and Europe, and is listed on the Milan Stock Exchange.
Hera Group's main business areas include the production and distribution of electricity and gas, the collection and disposal of waste, and the management and distribution of water. It also offers services related to energy efficiency, renewable energy, and environmental sustainability.
In addition to its core business activities, Hera Group is committed to promoting social and economic development in the communities it serves. It has implemented several initiatives to support local economies, promote education and culture, and improve the quality of life for its customers.
The company prioritizes sustainability and has set ambitious goals to reduce its environmental impact. It has invested in renewable energy sources, implemented energy efficiency measures, and promotes recycling and waste reduction initiatives.
Overall, the Hera Group is a leading multi-utility company in Italy that is focused on providing essential services while also prioritizing sustainable and responsible business practices.
What is special about the company?
There are a few things that make the Hera Group stand out as a company:
1. Integrated multi-utility company: The Hera Group is one of the few companies that offer a wide range of utility services, including drinking water supply, gas distribution, waste management, and energy distribution.
2. Sustainable approach: The company has a strong focus on sustainability and is committed to reducing its environmental impact through various initiatives such as investing in renewable energy sources and promoting energy efficiency.
3. Continuous growth and innovation: The Hera Group has continued to grow and expand its services through investments and partnerships, and is constantly seeking innovative solutions to improve its operations.
4. Social responsibility: The company has a strong sense of social responsibility and is actively involved in various community and social development projects in the areas it operates.
5. Customer-centric approach: The Hera Group places a strong emphasis on customer satisfaction and has implemented various initiatives to improve customer experience, such as digital tools and personalized services.
6. Financial stability: The company has a strong financial position, with a stable and diversified business portfolio, which ensures long-term sustainability and growth.
7. International presence: The Hera Group has a global reach, with operations in Italy, Spain, and other countries, making it a key player in the European utilities market.
What the company's business model?
The Hera Group is a multi-utility company based in Italy that operates in the fields of energy, water, and the environment. Its business model is focused on providing integrated services and solutions in these areas, with the goal of promoting sustainable development and creating value for its customers, shareholders, and the environment.
The company's business model is based on three strategic pillars:
1. Integrated Services: The Hera Group offers a wide range of services in the fields of energy, water, and the environment, including the distribution of gas and electricity, water supply and treatment, waste management, and renewable energy production. By offering these services together, the company can provide customers with a more efficient and effective experience.
2. Local Presence: The Hera Group operates in different regions across Italy, with a strong focus on local presence and customer proximity. This allows the company to better understand and meet the specific needs and requirements of each area, while also promoting economic and social development in the communities it serves.
3. Sustainability: Sustainability is at the core of the Hera Group's business model. The company is committed to promoting environmental protection, energy efficiency, and social responsibility in all of its activities. This includes investing in renewable energy sources, promoting circular economy principles, and implementing sustainable practices across all its operations.
In addition to these pillars, the Hera Group also focuses on innovation and digital transformation to improve its services and operations, as well as fostering partnerships and collaborations with other companies, institutions, and stakeholders to drive sustainable growth and create shared value.
Overall, the Hera Group's business model is centered on providing essential services to communities while also promoting sustainability and responsible business practices.
Interesting facts about the company
1. Hera Group was founded in 2002 and is headquartered in Bologna, Italy.
2. It is a multi-utility company that provides water, energy, environmental, and waste management services to more than 4.4 million customers in the Emilia-Romagna, Veneto, and Marche regions of Italy.
3. The company’s name comes from the Greek goddess Hera, who was the queen of the gods and symbolizes strength, abundance, and sustainability.
4. Hera Group is a leader in sustainable development and is committed to reducing its environmental impact by investing in renewable energy sources and promoting energy efficiency.
5. The company is listed on the Italian Stock Exchange and is part of the FTSE MIB index.
6. Hera Group is involved in several social and cultural projects, such as supporting education and culture through its foundation and organizing events focused on environmental awareness.
7. In addition to its core services, Hera Group also offers innovative solutions, such as smart meters and digital platforms, to help customers better manage their resources and reduce waste.
8. The company has a strong focus on innovation and has created a dedicated research and development unit to find new solutions and technologies for a more sustainable future.
9. Hera Group is also committed to promoting diversity and inclusion within the company and has been recognized for its efforts with awards such as the Top Employer Italia and Best Workplace for LGBT Equality in 2021.
10. Currently, the company is working on a project to create a circular economy, where resources are used and reused in a sustainable and conscious way, with the goal of becoming completely carbon-neutral by 2030.
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