Orbán holds talks with E.ON Chairman-CEO


Hungarian Prime Minister Viktor Orbán held consultations with German utilities company E.ON Chairman-CEO Johannes Teyssen on the eventual sale of E.ON's Hungarian gas business to the state in Budapest on Wednesday, Hungarian television channel HirTV reported.

The meeting in Hungary's Parliament took almost an hour and national development minister Zsuzsanna Németh was also present, HirTV reported, adding that no-one was available for comment after the meeting.

The government will not publish or comment on any news regarding the matter of E.ON, Orbán's press chief Bertalan Havasi said earlier in the day when asked by MTI.

Orbán said at a festival on Saturday that Hungary would shortly repurchase E.ON's gas business in Hungary. E.ON has declined to comment on the statement.

Deputy Prime Minister Tibor Navracsics said late Monday that the planned purchase was part of a government's plan, announced by Orbán last week, to turn the country's utilities companies into non-profits.

Hungary's previous government obtained an option, valid until 2016, to repurchase E.ON Földgáz Trade, E.ON's gas trade unit in the spring of 2010.

Apart from its gas trade and storage units, the E.On Hungária Group has three subsidiaries in power generation, six in electricity and gas networks, two in sales, one in services and one in IT activities.


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