ADVERTISEMENT

Lázár: Overcharged Főgáz clients to be compensated

Competition

The government will propose compensation for customers of gas distributor Főgáz who were overcharged, cabinet chief János Lázár said at a weekly press conference yesterday. Főgáz "cheated " customers by installing unnecessarily large gas metres in blocks of flats, raising the price of basic service, Lázár said. 

When customers complained, Főgáz refused to replace the metres with smaller ones, he added. Some 2,000 blocks of flats could be affected by the practice, which has gone on for years, he said. Lázár declined to estimate the value of the compensation.

He said legislation would be introduced requiring gas distributors to install metres appropriate for the volume of gas consumed in a building. In March, Lázár said the state had discovered data suggesting metering and billing manipulation at Főgáz when it conducted due diligence on the company before acquiring it.

ADVERTISEMENT

IMF raises Hungary 2021 GDP growth forecast to 7.6% Analysis

IMF raises Hungary 2021 GDP growth forecast to 7.6%

Parliament approves amendment to Competition Act Parliament

Parliament approves amendment to Competition Act

New CEO announced at Codic Hungary Appointments

New CEO announced at Codic Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

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.