ADVERTISEMENT

State-owned utilities company to launch in spring

History

Hungary's new state-owned utilities company with ownership rights and regulatory powers allocated to the head of the Prime Minister’s Office, János Lázár, is 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.

Lázár said that the organization of state utilities services is going ahead "at full steam", so the national non-profit public utilities system will assume its final form in the next 2-3 years, as earlier announced.

According to the Hungarian government, the aim of the national utilities company is to make energy available at fair prices and increase security of supply.

ADVERTISEMENT

Zwack Profit Climbs 8% Figures

Zwack Profit Climbs 8%

Parl't Approves Amendments to Legislation on Judiciary Parliament

Parl't Approves Amendments to Legislation on Judiciary

Magnus Aircraft Signs CNY 65 mln Order Deals

Magnus Aircraft Signs CNY 65 mln Order

Accommodation Fully Booked Over Pentecost Weekend Tourism

Accommodation Fully Booked Over Pentecost Weekend

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.