The privately-owned PrímaEnergia (industrial and commercial limited company) has a leading position on the Hungarian LPG retail market. The company – in addition to its core activity – is involved in selling appliances and equipment related to energy products (e.g. solar, gas appliances). The company started its webstore (www.primanet.hu) in 2014, which continues to grow ever since.
Prímagáz Hungária Zrt. started its activity on 1st May 1992, having taken over the LPG activities of three regional gas companies (TIGÁZ, DÉGÁZ, DDGÁZ). 51% of the company’s shares were owned by the Dutch SHV Holdings N.V. through one of its subsidiaries, while 49% by the Hungarian State. The shares of the company were introduced to the Budapest Stock Exchange in 1993, when the State sold its stake to the public. SHV Holdings became the 100% owner of the company in early 2003, following a successful bid for the outstanding shares.
Since 1st April 2016 the company is 100% owned by PG Investment Ltd., and at the same time the company’s name changed to PrímaEnergia Zrt.