Only a few kilometres from Budapest, the construction of MET Group’s 17.6 MW photovoltaic power plant is already well under way. When ready, it will be one of the county’s largest solar power plants. The Dunai Solar Park...

The transaction of MET Group’s acquisition of Tigáz, Hungary’s largest natural gas distributor, has officially closed. What makes a company that has fundamentally made important gains – already at a European level – in...

MET Group is now at an important turning point for European markets, according to the energy trader’s chief executive Benjamin Lakatos, who seldom visits Hungary and speaks to the press even less often. The industry...

Energy trader MET is now fully owned by its managers following divestments by its widely known previous owners. The company is planning further acquisitions in Europe and will raise new equity.

Once again, Europe’s natural gas sector witnesses the end of an era. A classic consolidation is taking place in the market, based on, besides commercial portfolios, a growth competition including physical assets as well,...

The ownership structure of MET, a major energy group even by European standards, currently preparing for a significant capital raise, has transformed. CEO Benjamin Lakatos, who now owns about 80% of the company, gave an...