Name

Tinmar Energy

Legal name

TINMAR ENERGY S.A.

Website

https://tinmar.ro

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Bucharest

HQ country

Romania

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Electricity Supply: Supply of electricity to residential and business consumers in Romania and across 5 countries (Romania, Hungary, Serbia, Bulgaria, Turkey). Revenue generated from electricity commodity pricing plus regulated tariffs, green certificates, and various fees. Business model includes negotiating prices for eligible consumers and offering standardized rates for residential customers.
2. Natural Gas Supply: Supply of natural gas at negotiated prices to eligible consumers with approximately 1,060 final clients and 3,533 GWh sold in 2021. Also serves household consumers with standardized offers under regulatory price caps.
3. Petroleum Products Supply: Supply of fuels, bitumen, thermal oil fuel, and heavy oil across Romania, Hungary, Bulgaria, and Serbia. Operations include import of diesel products and delivery from depots in Ploiești and Constanța. Payment terms range from delivery payment to 7-120 day terms with credit limits.
4. Energy Trading: Trading of electricity on European markets across 21 countries covering 85% of EU territory. Activities include local Romanian market, HUPX (Hungary), EEPIAS (Turkey), SEEPEX (Serbia), IBEX (Bulgaria), and major European exchanges (EPEX SPOT, EEX). In 2023, 1,694 GWh traded on regional platforms.
5. Renewable Energy Production: Production and sale of solar energy from owned photovoltaic parks. 131 MWp installed capacity across 23 solar plants. Revenue includes energy sales and green certificate trading.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels8 records

Core offering

Tinmar Energy is a vertically integrated energy group operating three divisions: Tinmar Energy (electricity supply and trading across 21 European countries), Tinmar Gas (natural gas supply), and Tinmar Oil (petroleum products including fuels, bitumen, thermal oil, and heavy oil). The company also owns 23 photovoltaic parks with 131 MWp installed solar capacity and is developing battery energy storage projects exceeding 400 MWh, supplying residential households, SMEs, and large industrial clients across Romania, Hungary, Serbia, Bulgaria, and Turkey.

Product overview

Tinmar Energy is Romania's largest privately-owned energy supplier, operating as a vertically integrated energy group structured across three divisions: Tinmar Energy (electricity supply and trading), Tinmar Gas (natural gas supply), and Tinmar Oil (petroleum products). The company also operates adjacent offerings including Solar Energy production (23 photovoltaic parks, 131 MWp), Energy Storage projects (battery storage exceeding 400 MWh), and the MyAccount digital customer portal. Its products span the full energy value chain — from production and trading across 21 European countries to retail supply of electricity, natural gas, and petroleum products to industrial and household consumers.

Differentiator

Problem solved

Functional benefit

Brands

• Tinmar Standard: Electricity supply offer for residential consumers
• Tinmar Gaz
• Tinmar Business Energy
• Tinmar Business Gas
• Tinmar Oil
• Tinmar Gas
• MyAccount
• myTIN

Products and services

• Tinmar Energy (Electricity Supply) Supply of electricity to industrial and household consumers across Romania, Hungary, Serbia, Bulgaria, and Turkey, with a 12.57% market share of Romania's competitive energy market. Offers negotiated pricing for eligible consumers and standardized rates for residential customers under sub-brands Tinmar Standard (residential) and Tinmar Business Energy (commercial).
• Tinmar Gas (Natural Gas Supply) Supply of natural gas at negotiated prices to eligible consumers (both household and business). Holds natural gas supply license no. 2001/2015. Serves household consumers with standardized offers under regulatory price caps (OUG nr. 27/2022) and commercial clients with sub-brands Tinmar Gaz (residential) and Tinmar Business Gas (commercial).
• Tinmar Oil (Petroleum Products) Regional supplier of petroleum products including fuels (gasoline, diesel), bitumen (types 50/70 and 70/100), thermal oil fuel, heavy oil fuel, and naphtha. Serves industrial clients, construction companies, heating service providers, and manufacturing facilities across Romania, Hungary, Bulgaria, and Serbia with products delivered from depots in Ploiești and Constanța within 24 hours.
• Energy Trading Energy trading operations across 21 European countries covering 85% of the EU energy trade market. Includes trading on platforms such as OPCOM (Romania), HUPX (Hungary), EPEX SPOT, EEX (Germany), IBEX (Bulgaria), SEEPEX (Serbia), and EPIAS (Turkey). In 2023, 1,694 GWh traded on regional platforms out of 4,140 GWh total energy delivered.
• Solar Energy (Renewable Production) Solar energy production through 23 photovoltaic parks with 131 MWp total installed capacity. Produces green energy from Romania's sunniest regions. Additional 200 MWp development underway, plus a Joint Venture for 280 MWp photovoltaic park and 475 MWp gas-to-power plant. Revenue includes energy sales and green certificate trading.
• Energy Storage Battery energy storage projects with a storage capacity exceeding 400 MWh. Current project in Modelu, Călărași has 6.09 MWh capacity, connected to existing renewable energy production facilities, designed to absorb a minimum of 75% of energy annually from connected renewable sources and provide primary, secondary, and tertiary regulation services to the national grid.
• Green Energy Packages Green energy packages for residential and business consumers providing 100% renewable energy from solar sources, allowing consumers to positively impact the environment while meeting energy needs. Includes prosumer solutions and renewable energy certificates.

Quantifiable outcome

• 99%+ client retention rate maintained over time through customer-oriented policy
• +4 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Modelu Energy Storage Project PartnerscoreStrategic or Co-development PartnerTinmar Energy developing a 6.09 MWh battery energy storage system in Modelu, Călărași county, connected to existing renewable energy production facilities. Project aligned with European Green Deal objectives and PNIESC targets for renewable energy integration and grid stability.

Scale indicators8 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• ENGIE: ENGIE is a large European incumbent offering retail electricity and gas supply plus renewable generation and multi-country energy services — overlapping with Tinmar's integrated retail/generation/trading model across Europe but at vastly greater scale and breadth.
• EDF: EDF is a major European electricity generator and supplier with growing renewable capacity — a broad incumbent comparable to Tinmar across generation, retail supply, and energy services but serving primarily Western European markets.
• Enel: Enel is a global multi-utility with strong renewable generation and retail electricity supply across Europe and Latin America — comparable to Tinmar's renewables-plus-retail structure but operating at substantially larger scale.
• E.ON: E.ON is a major European retail energy utility with networks, customer solutions, and renewable generation across multiple European markets — a broad incumbent comparable to Tinmar in retail supply and renewables but at pan-European scale.
• PPC (Public Power Corporation / DEI): PPC is a Greek vertically integrated utility with significant lignite and renewable generation plus retail supply, and has expanded into Romania via PPC Renovatio and PPC Energie — making it a broad incumbent peer competing in some of the same regional supply markets.

Direct peers

• OMV Petrom: OMV Petrom is Romania's largest integrated oil and gas company and a direct domestic peer where Tinmar Oil's petroleum products supply and Tinmar Gas's downstream supply overlap with OMV Petrom's downstream and gas businesses.
• CEZ Group: CEZ is a Central European multi-utility active in electricity generation (including renewables), retail supply, and trading across CEE — a directly comparable operating model to Tinmar's vertically integrated supply-plus-generation-plus-trading structure in neighboring geographies.
• Romgaz: Romgaz is Romania's dominant natural gas producer and supplier, directly comparable to Tinmar Gas in the Romanian natural gas market and to Tinmar's planned gas-to-power generation build-out.
• Electrica: Electrica is the listed Romanian electricity distribution and supply operator and Tinmar's most direct domestic competitor, serving overlapping residential, SME, and industrial electricity customers in the same Romanian competitive market where Tinmar holds its 12.57% share.

Regional players

• MOL Group: MOL is a Hungarian-headquartered CEE downstream and midstream energy group active in fuels, bitumen, and gas across the same regional footprint (Hungary, Romania, Serbia, Bulgaria) as Tinmar Oil and Tinmar Gas, making it a regional peer rather than a direct Romanian competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/tinmar-ind-s-a-

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tinmar Energy