Companies fear the energy crisis and rising prices
The price increase generated by the war situation and extreme uncertainty shocks consumers who purchase energy from the competitive market; to this is added the effect of the product structure transforming in order to manage the increased costs and risks.
In the contract offers, the customers encounter a completely changed parameter system and construction, in which the elements are roughly the same as before, but contain a stricter set of conditions than before, says Márton Széffy, the deputy general manager of sales responsible for the retail operations of the MET Group in Hungary, who, according to the the business model of the vast majority of the companies involved is probably not prepared for a sixfold increase in overheads, which already foreshadows the possibility of a wave of bankruptcy.
Related news
According to the GVH’s investigations, retail is not the culprit in price increases.
It is not the retail trade that is responsible for…
Read more >A sharp price increase is possible: a pack of cigarettes could become more expensive by up to 1,000 forints
Hungarian smokers could soon face a significant price hike: a…
Read more >KSH: industrial producer prices decreased by 0.7 percent in May 2025 compared to the previous month, and increased by an average of 6.9 percent compared to a year earlier
In May 2025, industrial producer prices were 6.9 percent higher…
Read more >Related news
Lidl Switzerland Sees ‘Record’ Growth In Cheese Exports In 2024
Lidl Switzerland saw record cheese export growth in 2024, marking…
Read more >Non-alc beer brand Heaps Normal gets Robbie Williams backing
The brand’s “core range” is being rolled out across “select…
Read more >Arla Foods invests in Bahrain cheese production expansion
The dairy group expects the investment to boost the Bahrain…
Read more >