The measure is part of a strategic portfolio restructuring begun last year that serves the companyʼs sustainable operation, and the quality and security of its service, it added. The unit noted that, under the circumstances, MEKH has a mandate to invite offers from other service providers to take over E.ONʼs clients or assign a new provider if no offers are made.

The quality of service will not be affected during the transfer process, it added. Hungaryʼs government earlier mandated a series of utilities price cuts for households. It also established the First National Utilities Company (ENKSZ) to act as an efficient, predictable and cheap utilities provider. ENKSZ began operating on the gas market this month and will later launch on the electricity and district heating markets.