New law could boost Émász profits as much as 40%
Under the new law, electricity distributors are required to pay their network transfer fees into a central fund. This year, Raiffeisen estimates these companies will pay a combined Ft 16.6 billion into the fund. The money is then redistributed to the companies according to the ministry's special calculation. While the new law is a windfall for Émász and other peers, such as Titász Rt and Dédász Rt, it will probably translate as fewer profits for Elmü Rt, the electricity distributor for Budapest, and Édász.
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