EDF considers merging Hungarian units

Green Energy

French power company EDF is considering the possibility of merging its two Hungarian units, Budapest Power Plant and EDF Demasz, EDF's director for Europe Gerard Roth said at a press conference on Thursday.

"We're not in a hurry," Gerard Roth said, adding that a decision on the matter was expected to be taken in the first quarter of 2012.

Budapest Power Plant generates heat and electricity. EDF Demasz is a regional electricity distributor.

ADVERTISEMENT

Hungary Agricultural Output Value Grows by 6.5% Crops

Hungary Agricultural Output Value Grows by 6.5%

Hungarian-American Business Chamber Established in Chicago Int’l Relations

Hungarian-American Business Chamber Established in Chicago

Number of Registered Jobseekers Down 3% in November HR

Number of Registered Jobseekers Down 3% in November

Mulled Version of Belle-Vue Kriek Makes Debut at Advent Fair Drinks

Mulled Version of Belle-Vue Kriek Makes Debut at Advent Fair

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.