Managing director of EU carbon trading house Virtuse leaves after selling stake

Published 15:23 on February 26, 2016  /  Last updated at 09:38 on February 29, 2016  /  Bavardage, China's Pilot Markets, EMEA, EU ETS  /  No Comments

The managing director of Czech-based carbon and energy trading firm Virtuse has left after selling his stake in the firm.

The managing director of Czech-based carbon and energy trading firm Virtuse has left after selling his stake in the firm.

Jan Fousek, one of the company’s founders, sold his 49% share and resigned his position after five years with the firm, according to an email.

“I think I will stay in the energy/emissions sector, but now I will take couple of weeks to look around, relax and think about my future path,” Fousek said.

Fousek’s shares were bought by Virtuse CEO Rastislav Vasilisin, who now owns 100% of the company, according to a Virtuse spokeswoman.

Prague-based Virtuse trades in EU carbon and several central and eastern European power and gas markets.

It also operates in the Guangzhou and Shenzhen pilot carbon markets in China and has an Asian headquarters in Singapore.

By Ben Garside – ben@carbon-pulse.com

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