Month: February 2023

Westnet, member of Olympia Group, a leading company in trade industry with business activities in Greece, Cyprus and Poland, officially announced the launch of AUX heat pumps in the Greek market, during a special event for its partners’ network in Crete.

Committed to its purpose to lead the way to a brighter future by providing access to evolutionary technology and innovative solutions, Westnet invests in strategic partnerships to add value to its people, stakeholders, and society.

As part of its planning, Westnet continues to invest strongly in the air conditioning (AC) category, adding AUX heat pumps to its portfolio, as being the exclusive representative of AUX in Greece. The collaboration between the two companies started at the end of 2020 with the distribution of AUX residential AC in the Greek market and was significantly strengthened in 2022 with Westnet adding the brand’s commercial products as well.

During the event which was held in Heraklion and attended by professionals in AC and Heating from all over Crete, Westnet presented AUX AC solutions, talking about the innovative technology and high performance of its products, and announced the launch of heat pumps. In a special show room created on site, the participants had the opportunity to see the models of the leading manufacturer up close, and to be trained on their installation and operation.

Using the heat energy available in the environment, AUX’s heat pump is designed to cover every need of the place in cooling and heating, as well as to produce Domestic Hot Water. With the help of a small amount of electricity and an R32 refrigerant circuit, it delivers multiple energy in the form of heat to the home’s heating circuit. In this way, a very high degree of efficiency is achieved, offering the most economical way of heating compared to any other solution. They are designed for inclusion in the higher categories of the “Greek Subsidy Program 2021”.

Sasa Wang, AUX Sales Director for Europe, said: “Westnet’s vision, reliability and expertise make it a valuable partner for us. AUX heat pumps are now added to the company’s competitive portfolio, further strengthening our brand’s footprint in the Greek market.”

On the part of Westnet, Elias Rizos, Senior Commercial Manager Clima & Appliances, said: “With our first stop in Crete, we announce the addition of heat pumps to Westnet’s product range, remaining focused to our commitment to bring added value to our partners. AUX is a strategic partner of ours and we are happy to be able to offer advanced solutions to our customers, which fully meet their needs, with the reliability and innovation of such a big manufacturer.“

Westnet, a member of Olympia Group, a leading company in trade industry with business activities in Greece, Cyprus and Poland, has been recognized in Finance & Accounting Awards 2023, receiving 2 gold awards, as well as the top award of Finance Team of the Year.

Westnet was awarded in the “Financial Reporting, Planning and Analysis (FP&A)” category for the use of innovative tools aiming to create reports that provide speed, reliability and efficiency in planning, forecasting, budgeting and analysis. The company invests significantly in its digital transformation, being one of the few companies in Greece across all sectors, that adopt such modern business solutions in terms of financial reporting through Business Intelligence (BI) tools.

The 2^nd gold award for Westnet was in the category “Mergers & Acquisitions” for the completion of a successful acquisition in Poland in 2021. Westnet made a strategic acquisition, establishing a new subsidiary in Poland, with the success of the project undoubtedly lying in the quick and efficient completion of the process, thus highlighting the essential contribution of the Finance Department. The investment in Poland marks Westnet’s dynamic entry in a big European market, laying the groundwork for the creation of a hub aimed at optimally managing its commercial activity in Eastern Europe.

At the close of the event, Westnet received the top honor of the awards institution as Finance Team of the Year, standing out among the participating companies. The awards were received by George Dourmas, Head of Controlling & Reporting, and Petros Drivakos, Head of Accounting of Westnet, stating: “Thank you very much for these important awards. Westnet invests significantly in innovative tools and practices aiming to provide added value to the organization and its partners. It is a company that cultivates and empowers initiative and innovation, key ingredients of team’s success.”

The Finance & Accounting Awards are organized for the 3^rd year by Boussias, rewarding the most effective and innovative practices in the field of financial management and accounting.