Managers under the spotlight - Radu Raț, Axpo

Radu RAȚ

MD of Axpo Energy Romania since 2019, previous working experience as Head of Operations in Axpo, Head of Product Development in Enel Energie. Radu has an extensive experience in the energy market working in this area since 2005.

About the company

Axpo is driven by a single purpose – to enable a sustainable future through innovative energy solutions. As Switzerland's largest producer of renewable energy and an international leader in energy trading and the marketing of solar and wind power, they combine the experience and expertise of more than 5000 employees driven by a passion for innovation, collaboration and impactful change. Through cutting-edge technologies, they innovate to meet the evolving needs of their customers in over 30 countries across Europe, the US and Asia.

Axpo is present in Romania since 2003 and is active on the power and gas market, offering the groups experience in managing renewable energy production and full supply to large industrial customers.

As part of the CCE-R initiative meant to bring member managers under the spotlight, we had the opportunity to address Radu few questions from both human and professional perspectives. Enjoy the interview down below!

What does a working day look like for you?

A working day in this connected time and age never stops. I am sorry to say, but we need to be, and we are, always connected. Answering emails, negotiating new deals, catching up on all the regulatory changes are all ingredients of a normal day in the office.

How is Radu Raț outside the office?

I am lucky to be the father of a wonderful 10-year-old boy, so outside the office I am a dad who enjoys spending time with his son, playing Minecraft or whatever the current fad among 10-year-olds is. My wife is very supportive, and we spend all of our free time together, as a family.

Tell us about one important project you’re working on this year.

One of the major projects we have this year is extending the activity of the company in new markets. As such, we are looking at the neighboring countries to see where we can have the best opportunities.

What was one big innovation your industry has benefited from over the last few years?

The energy industry is well established but innovations are not excluded. Whether it is a new technology (like batteries), novel ways of using existing technology (solar arrays on the side of hydro dams) or completely new commodities, like hydrogen, all of these have the potential to change the way we do business.

What’s one great challenge the industry you’re operating in is currently facing?

The energy industry is highly dependent on the commodities needed to produce electrical power. As such, shortages of any kind for any of the commodities, be them real or politically induced are always turning points in the market.

What’s your current hobby?

Currently I am interested in 3d printing, as it is an easy way to satisfy some of the artistic craving I think most of us have. I am not successful, but one can try.

What’s your favourite book/ favourite author?

Favorite book is a tough question. Usually, the answer for that would be some well-respected author of a business book. Honestly, a good sci-fi by a classic like Asimov or Niven, or a nice novel by Stephen King is always helping me unplug from the day to day.

What piece of advice would you give to a newly appointed CEO / young entrepreneur?

Be bold, be brave, you will make mistakes, but if you learn from these, you can call it a win.