Common Statement GDF SUEZ – MET

2015. 02. 12.

GDF SUEZ Energia Holding Hungary Zrt. is seeking to terminate its free market natural gas retail activity in Hungary as from 1st July in the best conditions. GDF SUEZ Energia Holding Hungary Zrt. and MET Hungary Ltd have signed an agreement on taking over Hungarian FM gas portfolio of GDF SUEZ. GDF SUEZ will supply natural gas for customers eligible for USP in the future, and continue its gas distribution activity also.

GDF SUEZ Energia Holding Hungary Zrt. is seeking to terminate its free market natural gas retail activity in Hungary as from 1st July 2015 in the best conditions. According to the recently signed agreement, after the approval of the GVH, MET Hungary Ltd will take over a part of the existing Hungarian FM gas portfolio of GDF SUEZ. Considering the future prospects of GDF SUEZ Group in Hungary, this seems to be the most reasonable solution.

GDF SUEZ Group in Hungary will supply natural gas for customers eligible for USP in the future also, and continue its gas distribution activity in six counties through Égáz-Dégáz Földgázelosztó Zrt.

GDF SUEZ would like to thank to its clients and partners on the FM the trust, the cooperation of the last years.

MET Magyarország has significant experiences on the field of free market gas and electricity sales. The company is prepared to take over the customers of GDF SUEZ after the approval of GVH, offering them high quality services in the future also.

GDF SUEZ Energia Holding Hungary Zrt. and MET Hungary Zrt.

About GDF SUEZ

GDF SUEZ develops its businesses (power, natural gas, energy services) around a model based on responsible growth to take up today’s major energy and environmental challenges: meeting energy needs, ensuring the security of supply, fighting against climate change and maximizing the use of resources. The Group provides highly efficient and innovative solutions to individuals, cities and businesses by relying on diversified gas-supply sources, flexible and low-emission power generation as well as unique expertise in four key sectors: independent power production, liquefied natural gas, renewable energy and energy efficiency services. GDF SUEZ employs 147,400 people worldwide and achieved revenues of €81.3 billion in 2013. The Group is listed on the Paris and Brussels stock exchanges and is represented in the main international indices: CAC 40, BEL 20, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe and Euronext Vigeo (World 120, Eurozone 120, Europe 120 and France 20).

About the MET Group

The MET Group is a trading company with international profile, based in Switzerland, that is an active wholesale trader in the European natural gas market, and a retailer with significant presence in the markets of Hungary, Slovakia, Romania and Croatia. Nowadays the MET Group is present in eight countries via its subsidiaries, and pursues trading activities in 14 national gas markets and 13 European gas hubs. In 2013 it began trading activities of electricity, and - through its London office - oil.