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Changing direction: Reform of energy utility sectors in Central and Eastern Europe” is an Economist Intelligence Unit white paper, sponsored by Oracle. Like a predecessor study sponsored by Oracle, “A painful road forward: Utilities in Central Europe” (2004), this study considers the progress of countries in Central and Eastern Europe (CEE) in transforming their electricity and gas utilities from monolithic monopolies to unbundled, competitive and consumer-oriented firms. The study takes an in-depth look at energy utilities in six countries: Czech Republic, Hungary, Slovakia, Romania, Poland and Russia.
The study is based on interviews with utility executives, regulators and other industry experts, as well as desk research that included analysis of industry and market data. Our sincere thanks go to the interviewees—who are listed in Appendix III to this report—for sharing their insights and views. The Economist Intelligence Unit bears sole responsibility for this report; the findings do not necessarily reflect the views of the sponsor.
The authors of the country profiles are Andrew Langley (Russia), Janos Hidi (Hungary), Vladimir Dohnal (Czech Republic and Slovakia) and Paulius Kuncinas (Romania and Poland). Nicholas Redman wrote the analysis of trends and developed the methodology for the Economist Intelligence Unit Market Openness Ranking, a data-based comparison of utility sector openness in the six countries.
Aviva Freudmann directed the project and edited the report.