Forbes: Almost half of Hungary’s natural gas supply can go to Mészáros



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Forbes.hu has been informed by several independent sources that Opus Global Plc., A listed investment company belonging to the Mészáros Group, is in negotiations to acquire the entire stake in Tigáz. True Lőrinc Mészáros the interest of a multimillionaire businessman in Csúcs had previously been committed to the company, gaining almost a 50 percent stake. According to the document, it is on the table that Opus will also acquire the remaining stake in the MET Group.

The latter only briefly responded to Forbes.hu’s question, they do not comment on market rumors. In its response, Opus emphasized that new acquisition opportunities were being explored, but that information had not been confirmed, although it had not been refuted. As it is written, in addition to optimizing the Opus Group portfolio and operating it in the most efficient way possible, it is constantly exploring acquisition opportunities.

Tigáz is the largest natural gas distributor through gas pipelines in Hungary, it operates a network of gas pipelines 33,760 kilometers long, which supplies natural gas to almost half of the territory of Hungary.

In 2017, the Italian ENI sold the company to the energy group MET based in Switzerland, but majority owned in Hungary. THE Benjamin locksmith The group, whose majority stake is owned by the CEO, transferred half of its stake to the Mészáros Group within a narrow period of two years.

The Hungarian ownership of the natural gas distributor actually consumed significant sums. According to the 2018 financial report from ENI, also known for the Agip gas station network acquired by Mol in Hungary, Tigáz sold Tigáz to the MET Group (at the current exchange rate of 51.3 billion HUF) and even sold 13 million euros (4,600 million HUF) as part of the business. ) also changed hands. This can also be seen in Tigáz’s balance sheet, since as of 2018 the MET was already financed by MET instead of Italians, so the loan of HUF 58.6 billion appeared in the report presented in 2019 as a long-term liability. term, which presumably includes the purchase price).



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