Switzerland-based MET Group has signed a Share Purchase Agreement to acquire 100% ownership of MET Slovakia a.s., in which it previously held a 51.07% stake through MET Sales and Trading Holding AG. The deal will give MET Group full control of the Slovak energy sales company.
The acquisition represents a new step in the group’s regional integration strategy, aiming to streamline its operational structure and optimise synergies across its Central European business activities. The consolidation of MET Slovakia is expected to enhance commercial efficiency throughout the group’s operations in the region.
Strategic consolidation in Slovakia
According to Gergely Szabó, Regional Chairman of MET Central Europe, full ownership has been a long-standing strategic objective to reinforce MET Slovakia’s positioning in both the wholesale and retail energy markets. The Slovak subsidiary will continue to play a key role within MET’s portfolio in Central Europe.
The transaction, for which no financial details have been disclosed, remains subject to standard closing conditions. Once completed, it will enable MET Group to directly oversee the commercial and strategic operations of its subsidiary, consolidating its position in a transforming regional energy market.
Operational rollout in Albania
Simultaneously, MET Group announced its entry into Albania through the creation of a new local entity, MET Albania, headquartered in Tirana. This strategic move aims to expand the group’s trading infrastructure in the Balkans, leveraging regional electricity interconnections and the growing need for supply reliability.
The company has appointed Kreshnik Strati as Chief Executive Officer of the Albanian subsidiary. An engineer by training, he brings extensive experience in the national energy sector, having held leadership roles in both public enterprises and major private companies, local and international. He will be responsible for developing cross-border activities and initiating wholesale agreements with local counterparties.
Focus on regional electricity markets
Albania’s electricity supply relies heavily on hydropower, making it vulnerable to hydrological fluctuations. To meet demand, the country frequently engages in electricity imports and exports with neighbouring states. MET Albania aims to support market stability and supply security by developing a tailored commercial offering.
This dual announcement reinforces MET Group’s regional focus as it continues expanding its geographic footprint in the energy markets of Central and Southeast Europe. Activities in Slovakia and Albania are part of a broader strategy to strengthen the group’s resilience in a rapidly evolving regional energy landscape.
