Media Coverage (EN)
After years of crisis-mode thinking, the energy sector is shifting its focus and finally starting to address the challenges of the energy transition. For the CEO of MET Hungary, the shift is not only strategic but also personal.
6/24/2025
Media Coverage (EN)
“European industrial energy consumers’ gas contracts are almost entirely indexed to the Dutch TTF or other European gas exchanges, and continuing to stake their survival on a single benchmark would be a self-inflicted wound”, Gergely Szabó explained to Portfolio. The Regional Chairman of MET Central Europe argues that companies should index part of their gas procurement to the U.S. Henry Hub.
5/5/2025
Media Coverage (EN)
Switzerland-based trader MET increased its traded volume of natural gas “significantly” in 2024, by 59% year over year to 140 Bcm, it said April 23.
4/23/2025
Media Coverage (EN)
In 2007, a group of young Hungarians in their early twenties, taking advantage of changes in energy regulation, started the energy company MET. It has since grown into a global corporation with employees in 17 countries, generating revenues of €18 billion. Benjamin Lakatos, CEO of MET Group, gave a presentation on the lessons behind the success story to students of the Corvinus University.
4/2/2025
Media Coverage (EN)
As long as the existing supply routes are not damaged, there is no need to worry about whether there will be enough gas in Europe, says Benjamin Lakatos. The main owner and CEO of the now international MET Group says energy is a key issue for Europe, as it has become a highly competitive area. He sees the creation of a single European gas and energy market as a huge achievement.
4/1/2025
Media Coverage (EN)
"Based on the past year, I see that Europe has taken a huge step forward towards pragmatism" to improve its rapidly deteriorating competitiveness, but with 90% exposure to gas imports, it has to be very sensible in the face of geopolitical changes, Benjamin Lakatos told Portfolio in an interview. MET Group's CEO believes that European leaders need to apply serious changes in three to five areas.
3/31/2025
Media Coverage (EN)
At the turn of the year, the giant Swiss wholesale trader of gas and electricity, MET Group, entered the Czech market. Its revenues last year were around half a trillion CZK. However, households won't encounter it for now, as the company primarily targets industrial companies.
3/27/2025