ELMŰ-ÉMÁSZ say they're unaware of plans for state acquisition
Regional electricity distributors ELMŰ and ÉMÁSZ yesterday said they have no knowledge of any intent by the state to purchase their shares from German owners RWE, news agency MTI reported.
The companies' announcements, posted on the website of the Budapest Stock Exchange, followed a report by business daily Vilaggazdaság on Wednesday that suggested the state wants to buy 49% of the companies.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.