Slovak gas utility, SPP, begins to have major competition

The dominant market position of the Slovak gas company, SPP, might be slowly coming to an end, the economic daily Hospodárske Noviny wrote on March 16.

The dominant market position of the Slovak gas company, SPP, might be slowly coming to an end, the economic daily Hospodárske Noviny wrote on March 16.

The German company RWE has already taken one quarter of SPP’s large clients and it plans to move even further, according to RWE representative Miroslav Kulla.

Potential clients are interested in saving 10 percent of their costs, which RWE promises. More than 100 companies have already switched their gas companies, including big players such as Heineken and the paper-mill Mondi SCP in Ružomberok.

SPP has to cope with the decrease of revenues which is also affecting the state budget, the daily wrote. Hospodárske Noviny

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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