KDF Energy is the leader greenhouse gases emissions trading on the Romanian market.^[1] The company was set up in 2002, has subsidiaries in Bulgaria, Greece and Lithuania and is fully controlled by Romanian citizen George Brăiloiu.

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KDF Energy is a member of Dutch-based environmental commodities exchange Climex and trades with foreign brokers on London’s European Climate Exchange (ECX) and Paris-based BlueNext.^[2]