Hungary PannErgy buys geothermal company

Portfolio
Hungarian geothermal energy company PannErgy has increased its stake in Szentlőrinc Geothermal Ltd. to 100%, the company announced late on Tuesday.
PannErgy Plc has entered into an agreement with the Municipality of Szentlőrinc in relation to the acquisition of its 0.20% stake in Szentlőrinc Geothermal Ltd.

The purchase price is one million forints that the buyer will pay within two banking days. After the transaction, PannErgy Geothermal Power Plants Ltd will become the 100% owner of Szentlőrinc Geothermal Ltd.

' title='
 

More in Equity

GettyImages 1463402564-duna-épület-főváros-idegenforgalom-turizmus-város
September 02, 2025 08:54

Demand for Hungarian government bonds among retail investors slowly picking up again

Investors are still on vacation with one foot

árfolyam-Microsoft-részvény-milliárdos-soros-györgy-alphabet-nvidia-befektetés-meta
September 01, 2025 12:01

Which Hungarian brokerage had the largest turnover in August?

Was it Wood, Concorde, or Erste?

August 05, 2025 12:54

Hungary 4iG to carry out capital injection of almost HUF 100 billion

To finance investments in aviation / space / defense industries

otp
August 05, 2025 08:46

Hungary's OTP Bank performs well in the second quarter

Posts HUF 330 billion after-tax profit

July 29, 2025 16:58

ANALYST VIEW - Hungary Mol gets target price lowered

By US investment bank

Mol Dunai Finomító Dufi százhalombatta vezeték
July 25, 2025 12:21

ANALYST VIEW - Morgan Stanley raises target price for Hungary's Mol

With 'Hold' recommendataion

LATEST NEWS
Charting is displayed using TradingView's technology, a platform, where you can build advanced charts, spot upcoming trends in the stock screener, and find inspiration in multiple trading ideas

Detailed search