Energy firm Veolia merges subsidiaries


Veolia Energy Hungary Zrt. is merging its subsidiaries — Dunai Hőtermelő Kft., Tiszántúli Hőtermelő Kft. and Veolia Szolgáltató Központ Kft. — into one, according to a press statement sent to the Budapest Business Journal today.

The merger takes effect as of January 1, and the firm expects the move to further strengthen its presence on the Hungarian market. The company claims the changes do not affect already signed contracts and the quality of services.

Ferenc Fernezelyi, commercial and marketing director of Veolia Hungary, asserted that customers will not feel the effects of the merger. He insisted that the move is part of the company’s attempts to make the company operate more transparently and effectively, as well as to be able to offer better services.

According to its website, Veolia is a market-leading company in Hungary in energy, water and waste management. The group employs approximately 2,500 people who provide professional services to various towns, institutions and industrial companies enabling them to efficiently manage resources, while the water utility and district heating branches of the company supply drinking water to hundreds of thousands of families, and heat to tens of thousands of households.


Bourse Turnover Reaches HUF 249 bln in November Figures

Bourse Turnover Reaches HUF 249 bln in November

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

Mahart Container Center Depot Opening at Budapest Airport Transport

Mahart Container Center Depot Opening at Budapest Airport

MTÜ Launches Int'l Campaign for Hungarian Spas Tourism

MTÜ Launches Int'l Campaign for Hungarian Spas


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.