Hellenic Post (ELTA) announced plans to expand its business activities in the energy market.

Costis Melahrinos, chairman and chief executive of Hellenic Post, told reporters that ELTA will begin selling electric power in December.

“ELTA will be present in a deregulated electricity market,” Melahrinos said, adding that Hellenic Post will buy and sell electricity to consumers throughout Greece.

He said that Hellenic Post will submit the required application to the Energy Regulatory Authority in November and expressed his confidence that their application will get approved since ELTA has both the infrastructure and the preconditions to be present in the domestic electricity market.