13 May 2004
Eutilia, an independent marketplace for the utilities sector, has relaunched its Industry Marketplace that brings together European buyers and sellers of energy.
New services include a directory of more than 4,500 suppliers to the utilities sector and 500 utilities buyers across 75 countries.
Eutilia, based in Leiden, the Netherlands, said it also plans to offer new services on a quarterly basis to keep ahead of major utility deregulation in Europe to make Industry Marketplace a one-stop shop for the sector.
Initial registration for Industry Marketplace is free for buyers and sellers and allows subscribers access to basic market information and to trade information publicly or privately.
Around 350 product categories are listed and a tender alert system enables suppliers to keep track of new public-sector contracts published in the Official Journal of the European Union (OJEU).
There is also an online discussion form for companies to explore important issues to the utilities sector.
A call for competition service allows buyers to create and publish OJEU notices online.
Existing services, including e-auctions and e-tendering, will continue to be organised from the Industry Marketplace platform.
Eutilia, which was founded in 2000, said the platform has been used for more than ?1.5 billion of contracts and is expected to make a profit by the end of 2004 or the beginning of 2005.
Its founding members are 11 major European utilities companies, including EdF in France, Nuon in the Netherlands, Vatenfall in Sweden, as well as the UK firms National Grid, Scottish Power and United Utilities.