GVH greenlights Veolia’s purchase of GDF Suez’s plant

Competition

Hungaryʼs Competition Office (GVH) approved French-owned Veolia Energia Magyarország’s purchase of GDF Suez Magyarország’s district heating plant in Százhalombatta, close to the capital, Veolia announced today.

The 25MW plant was inaugurated approximately a year ago and supplies heat to 4,200 homes.

Veolia, previously Dalkia, will gain 100% ownership in heating company Dunai Hótermelő through the purchase, the announcement said. The announcement added that Veolia is confident that the Hungarian Energy and Utilities Regulatory Office (MEKH) will soon approve the deal.

“Our aim is to provide optimal conditions for the operation of heating services in Százhalombatta, taking into consideration the aspects of comfort, safety and energy efficiency,” Ferenc Fernezelyi, Commercial and Marketing Director at Veolia Energia Magyarország Zrt, said in mid-July when the agreement on the purchase was signed.

Last Gábor Baross Scheme Top-up Contracts Signed  Figures

Last Gábor Baross Scheme Top-up Contracts Signed 

Hungary Ready to Act as Intermediary With Russia - Szijjártó Int’l Relations

Hungary Ready to Act as Intermediary With Russia - Szijjártó

Continental Veszprém Plant Manager Looks to Transform Challe... Interview

Continental Veszprém Plant Manager Looks to Transform Challe...

Summer Camp Prices Have Increased 10-15% Tourism

Summer Camp Prices Have Increased 10-15%

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.