Media

The price of natural gas may increase in Europe, leading to difficulties in competitiveness and may even lead to the next economic recession, as the continent imports 90% of its natural gas, which large LNG suppliers may exploit, points out Benjamin Lakatos, the President and CEO of the Swiss-based MET Group in an exclusive interview with Portfolio.

“You have all contributed to MET’s success story in the last 17 years. I would like to thank you all for your relentless efforts, the company’s growth would not have been possible without your hard work,” MET Group Chairman and CEO, Benjamin Lakatos told former colleagues at the first in-person meeting of the MET Alumni Club in Budapest.

For about a decade, the energy transition has been one of the main strategic pillars through which the European Union seeks to distinguish itself to effectively combat climate change.