Transforming electricity in Germany

Article Abstract:

Germany's new Energy Act is a step towards reforming its energy sector legislation which dates back to 1935. The new act theoretically allows all electricity customers to choose their suppliers, tempting many to switch from small local utilities. The act also obliges network owners to disunite their network operations from other activities and to open them to third parties. However, before true competition can occur in the energy sector issues pertaining to network access, regulation and exemptions need to be resolved.

PETROLEUM AND COAL PRODUCTS, Germany, Energy policy, Deregulation

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Great Hungarian energy sales begins

Article Abstract:

Hungary's five gas distribution companies are to be privatised and pre-qualification bids should be submited to APV Rt, the privatisation agency, on 18 September. Also MOL Rt, the Hungarian Oil and Gas company, has appointed a consortium to distribute nominal value shares for sale through public offer. Foreign strategic partners will also be able to buy into six regional electriity companies, seven generating companies and on transmission company.

Hungary

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Slovenia

Article Abstract:

About 25% of shares in Petrol of Slovenia, an oil company, are to be offered to the public, with employess and former employees able to buy up to 15% of the shares. The company sells over 1.8 million t a year of oil derivatives and also has an active financial operation. It owns gas stations and has 77% of the domestic market. Also, an initial public offer of 34% of Radenska, a water producer and health resort complex has been announced.

Bottled Water, Bottled Water Manufacturing, Planning, Beverage industry, Bottled drinking water, Slovenia, Petrol, Radenska

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