GasTerra and Deutsche Bank: Finding New Cash
by Jan Bruintjes, Manager Treasury, Tax & Insurance, GasTerra B.V.
GasTerra’s cash management needs are focused around high value domestic and foreign payments. A Deutsche Bank solution sought efficiencies through automating processes while increasing system stability and security.
A Deutsche Bank solution sought efficiencies through automating processes while increasing system stability and security.
GasTerra, the Dutch energy trading company, was formed when Gasunie, the Dutch natural gas provider, spun off its trading business in 2005. Originally known as Gasunie Trade & Supply, the shortened name was adopted from September 1 2006 as the final stage in the separation of the two companies. GasTerra has a significant share of the Dutch gas market and also operates on the European energy markets. It is 10% owned by the Dutch state, 40% by Energie Beheer Nederland, 25% by Esso Nederland and 25% by Shell.