MET Group

Articles

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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.
Mol, István Garancsi, György Nagy all leave MET

Mol, István Garancsi, György Nagy all leave MET

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.
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2018. 05. 30.
Gas sector sees beginning of new era – MET seeks leading role in Europe

Gas sector sees beginning of new era – MET seeks leading role in Europe

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, and the process forces energy dealers to a steady growth path. Accordingly, the strategy of MET Group focuses on intensive growth, that is, we have to outgrow the market, MET Hungary CEO Gergely Szabó told Portfolio.
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2018. 05. 30.
Benjamin Lakatos owns majority of MET

Benjamin Lakatos owns majority of MET

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 interview to Világgazdaság on the background of the transaction.
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2018. 05. 30.
Cold weather swoops without notice – gas prices take everybody by surprise

Cold weather swoops without notice – gas prices take everybody by surprise

The unusually cold weather between the end of February and the middle of March sparked spectacularly big swings in natural gas prices. In this extraordinary situation, gas traders were bound to address risks arising from price fluctuation. We asked two of MET Hungary’s experts, Director of Retail Sales Márton Szépfy and Head of VIP Key Account Manager Team András Matisfalvi, about the challenges of energy procurement.
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2018. 03. 28.
Hungary could grow into a gas hub

Hungary could grow into a gas hub

What will the race between supply routes bring, how will the role of natural gas change in energy supply and what kind of role can LNG take up in Hungary? We asked these questions and more from MET Hungary's experts, Director of Retail Sales Márton Szépfy and Director of Pricing Zombor Smaraglay.
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2018. 03. 14.
Electricity supply ahead of massive turnaround – Hungarian record to fall

Electricity supply ahead of massive turnaround – Hungarian record to fall

The construction of Dunai Solar Park, which will be one of Hungary’s largest solar power plants, is set to begin soon in Százhalombatta. However, MET Group will not stop there, it plans further investments into renewables in Hungary and the neighbouring countries as well. What is the significance of these projects and how can they change electricity production in Hungary? The company answered these questions and more.
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2018. 01. 18.
A Leviathan Sets Sail to Keep Turkey Warm

A Leviathan Sets Sail to Keep Turkey Warm

(Bloomberg) -  Turkey is getting a giant helper to avoid last December’s gas shortages.  The world’s biggest specialized vessel to import liquefied natural gas, a cheaper and quicker solution than a land-based facility, is on its way to help with imports of the fuel mainly used for heating and power generation.
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2017. 10. 25.
MET jumps among first companies on the Spanish gas market

MET jumps among first companies on the Spanish gas market

MET Energía España, the Spanish subsidiary of MET Group European energy trading company, has jumped among the first Spanish gas sales companies in the first quarter of its activities, according to the 2017 Q1 Spanish gas market report of CNMC governmental agency.
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2017. 10. 24.
MET International plans to boost LNG trades in 2018 - CEO

MET International plans to boost LNG trades in 2018 - CEO

(Reuters) - Switzerland-based MET International AG plans to boost its liquefied natural gas (LNG) trades in Europe by 50 to 100 percent next year, the company’s chief executive said on Tuesday.
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2017. 10. 17.
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