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
Chicken and eggs are getting more expensive: another wave of price increases hits Hungarian households
Hungarian households are facing another wave of food price increases,…
Read more >Lake Balaton accommodation prices in 2025: moderate price increase, but the high season may still bring surprises
As the long weekend and pre-season approach, more and more…
Read more >Surge in egg and horseradish prices before Easter
According to AKI PÁIR data, the price of table eggs…
Read more >Related news
Producer prices in the euro area and the European Union decreased month-on-month and increased year-on-year in April
Producer prices in the eurozone and the European Union (EU)…
Read more >The Association of Conscious Shoppers sued Shein: they are manipulating customers with dark tricks
The Conscious Shoppers Association (TVE) has filed an official complaint…
Read more >