The last private gas provider for residential consumers on the Hungarian market, Tigáz has given up its household gas provision business. Recently three other large providers did the same after accumulating heavy losses due to government decrees.

The last private gas provider for residential consumers on the Hungarian market, Tigáz has given up its household gas provision business. Recently three other large providers did the same after accumulating heavy losses due to government decrees.
Hungary’s ruling Fidesz-KDNP caucus has authorised the government to launch the national utility service provider in March, said Fidesz caucus chief Antal Rogán on Thursday. The company will first offer natural gas and later electricity services, as well.