Prvo Plinarsko Društvo (PPD)

Prvo Plinarsko Društvo (PPD) is a Croatian natural gas company leading the market with a robust portfolio and strategic international presence. Established in 2001, PPD, fully owned by Energia Naturalis (ENNA), is the largest natural gas importer in Croatia. The company operates in Croatia and has subsidiaries in Hungary, Switzerland, Italy, Slovenia, and Bosnia and Herzegovina. PPD's clientele spans major business and industry sectors and key natural gas distributors. Noted for its balanced portfolio and extensive list of prominent business partners, PPD owns transport and storage facilities domestically and internationally, importing natural gas through Croatian interconnectors Rogatec and Drávaszerdahely. In 2017, PPD secured a ten-year natural gas sales agreement with Gazprom Export LLC. It generates 20 percent of its revenue from domestic sales and 80 percent from international markets. With its strong foothold in the natural gas industry, PPD presents a compelling investment opportunity for venture capitalists seeking exposure to the Croatian and broader European energy markets.