The Hungarian Development Bank (MFB) will exercise ownership rights over ENKSZ. The Hungarian government justified this decision by revealing that the aim of such a national utilities company is to make energy available at fair prices and increase security of supply.

Earlier, Hungarian news agency MTI reported that the ownership rights and regulatory powers would be allocated to the head of the Prime Minister’s Office, János Lázár, and that the company was slated to offer retail gas services in the spring, followed by electricity and district heating services, the Prime Minister’s Office told Hungarian news agency MTI today.