WatersTechnology Library

Navita Systems

Navita and its flagship Pomax software system have an almost uncanny ability to help users make money in commodity trading, logistics, and risk management. The advantages are numerous and significant.

No time is wasted on complex coding. All operations are simple and logical. Pomax uses Oracle databases and Microsoft development tools ensuring the highest level of reliability. Your support is in good hands with our own engineers, not centralized call centers. The system has a surprisingly reasonable price. What market do you work with? You will find several other differentiating benefits under each market.

In 1988, the Institutt for Energiteknikk (IFE) in Halden, Norway, was tasked with research that led to the formation of Nord Pool, the world’s first power exchange. IFE spun-off these activities in 1996, forming Hand-El Skandinavia, which focused its resources and brain power on building enterprise system solutions for power exchanges. Seeing the tremendous upside in a solution that optimizes the profitability of commodity traders and producers, the OM Group acquired the company. When the opportunity presented itself in 2003, the executive team bought out the company and renamed it Navita.

Pomax has always been the core focus of Navita. In response to requests for increased commodity, functional, and market coverage, the company has invested more than half a billion NOK in the product suite over the years. Today, Pomax supports trading in electric power, gas, crude oil, coal, emissions, freight, weather derivatives, interest rates, currencies and equities. There are today more than 100 Pomax installations in Europe, North America, Australia and Asia. Customers include Abitibi, Bruce Power, DB Energie, EdF Trading, E.ON, Finotec, GDF SUEZ, IMC Shipping, KS&T, Louis Dreyfus Armateurs, Mercuria, Romande Energie, SEMO, Statkraft, and WA-IMO.

NAVITA has headquarters in Halden (Norway), and has grown into a global development with offices in Los Angeles (US), Houston (US), Toronto (Canada), London (UK), Edinburgh (UK), Oslo (Norway), and Frankfurt (Germany).