ELMŰ-ÉMÁSZ say they're unaware of plans for state acquisition

Competition

Regional electricity distributors ELMŰ and ÉMÁSZ yesterday said they have no knowledge of any intent by the state to purchase their shares from German owners RWE, news agency MTI reported. 

The companies' announcements, posted on the website of the Budapest Stock Exchange, followed a report by business daily Vilaggazdaság on Wednesday that suggested the state wants to buy 49% of the companies.

Lenders' Home Loan Outlays at HUF 344 bln in H2 2023 Banking

Lenders' Home Loan Outlays at HUF 344 bln in H2 2023

Gov't Calls on Fuel Companies to Adjust Prices to Regional A... Government

Gov't Calls on Fuel Companies to Adjust Prices to Regional A...

Spar Magyarország Revenue Climbs Close to 16% in 2023 Retail

Spar Magyarország Revenue Climbs Close to 16% in 2023

Hungary Launches HUF 15 bln Tourism Sector Support Program Tourism

Hungary Launches HUF 15 bln Tourism Sector Support Program

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.