MET Group

Articles

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MET mulls IPO one year after management buyout

MET mulls IPO one year after management buyout

It has been a year since MET Group’s management buyout. While not triggering any significant changes in the company’s strategy, the move certainly brought about a substantial shift in mindset, MET Group founder, CEO and majority shareholder Benjamin Lakatos said in his interview with Portfolio. By his own account, at the end of last year, the company articulated that they did not rule out the option of going public, on a group level. An eventual public listing of the company may produce a...
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2019. 06. 06.
European LNG buyers want regional indexes in supply contracts: MET

European LNG buyers want regional indexes in supply contracts: MET

LNG suppliers have to agree to price their contracts on European customers’ indexes if they want to sell significant volumes into Europe, Victor Buchman, chief commercial officer at Switzerland-based energy company MET told S&P Global Platts in an interview.
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2019. 06. 03.
MET Group: We are looking for new projects in Serbia

MET Group: We are looking for new projects in Serbia

NIS and Swiss-based MET Group have recently set up a joint venture for the construction of a 102 MW wind farm in northern Serbia (Autonomous Province of Vojvodina). Attila Szaniszló, MET Group’s Country Chairman responsible for Serbia and Péter Horváth, Director of Strategy and Business Development at MET Power tell us more about this renewable energy project.
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2019. 04. 04.
MET Group signs new RCF, eyes debt capital markets

MET Group signs new RCF, eyes debt capital markets

MET Group, the Swiss-headquartered energy company, has closed new revolving credit facilities (RCFs), drawing in €885mn from 15 lenders.
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2019. 01. 29.
MET Romania continues upswing

MET Romania continues upswing

After having purchased two companies, MET Romania Energy continues its upswing. Petre Stroe, CEO: “The integrated vertical business model also requires the development of certain production capacities.”
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2018. 09. 06.
Europe's Unprecedented Natural Gas Rally Drives Up Power

Europe's Unprecedented Natural Gas Rally Drives Up Power

Europe’s natural gas prices have risen to their strongest level for this time of year, lifting the cost of electricity for factories and utilities.
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2018. 08. 23.
MET Italia focuses on gas consolidation

MET Italia focuses on gas consolidation

To become the leader in the consolidation of the market of natural gas and electricity sales in Italy through organic growth and acquisitions, and thus enter the top 10 of the sector at country level. This is the goal of MET Italy, founded in 2017 and controlled by the European energy giant MET, which has recently undergone a significant realignment at a control chain level as a result of a management buyout operation, bringing the Group’s current CEO, Benjamin Lakatos, and – to a lesser...
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2018. 07. 10.
Visit to the construction site of one of Hungary’s largest solar power plants

Visit to the construction site of one of Hungary’s largest solar power plants

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 investment is implemented on a 40-hectare plot located partly on the site of Dunamenti Erőmű power plant and partly on the area of a former fish farm. We visited the construction site, the largest of its kind ever seen in Hungary.
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2018. 06. 26.
MET Group scores energy infrastructure acquisition

MET Group scores energy infrastructure acquisition

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 energy trading decide to engage in such a large-scale asset purchase deal?
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2018. 06. 25.
The Man Who Bought MET

The Man Who Bought MET

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 veteran said it is ‘not justified’ that the company is mentioned mainly in a political context even though 90 percent of its revenue is generated outside Hungary and its success can be attributed to a growth model founded on human capital.
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2018. 05. 30.
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