FGSZ Földgázszállító

What FGSZ Földgázszállító does

FGSZ Földgázszállító Zrt. is the independent transmission system operator (ITO) of Hungary's high-pressure natural gas pipeline network and a wholly-owned subsidiary of MOL Group. It operates 5,889 km of long-distance pipelines, 8 compressor stations, approximately 400 gas delivery stations, and 6 territorial control centers plus a national headquarters in Siófok, transporting gas from domestic production, import entry points, and underground storage facilities to distribution companies, industrial consumers, power plants, and border exit points. The company holds an exclusive regulated license under EU and Hungarian energy law, with cross-border interconnections to Austria, Romania, Slovakia, Serbia, Ukraine, and Croatia, and storage capacity covering approximately 60% of Hungary's annual gas consumption. FGSZ earns revenue through regulated, capacity-based transmission tariffs with seasonal factors and offers optional fee-based data services. It runs a portfolio of proprietary IT platforms, including the Regional Booking Platform (RBP), Information Platform (IP/IPNew), Trading Platform (KP), IPDATA, and TSODATA, which together handle capacity booking, nomination, allocation, accounting, and REMIT reporting; these platforms integrate with the ENTSOG Transparency Platform and ACER ARIS system. The company is pursuing energy-transition extensions into hydrogen, biomethane, and CO2 transmission, and in December 2024 acquired CEEGEX, extending its footprint into gas exchange services.

Name

FGSZ Földgázszállító

Legal name

FGSZ Földgázszállító Zártkörűen Működő Részvénytársaság

Website

https://fgsz.hu

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

501–1,000 employees

Short description

FGSZ Földgázszállító is Hungary's independent high-pressure natural gas transmission system operator (ITO), operating a 5,889 km pipeline network that serves distribution companies, industrial consumers, power plants, and gas traders. It is wholly owned by MOL Group.

Ownership category

akta.pro rank

Product category

Natural Gas Transmission Services

NAICS

Pipeline Transportation of Natural Gas (48621), Pipeline Transportation of Natural Gas (486210), Pipeline Transportation of Natural Gas (4862)

SIC

Natural Gas Transmission (4922), Natural Gas Transmisison & Distribution (4923)

akta.pro primary industry

Interstate & Intrastate Natural Gas Transmission Pipelines (EUAAACAB)

akta.pro secondary industries

Natural Gas Compressor Stations & Metering/Regulation Stations (TLAGAKAD), Citygate/Hub Optimization & Supply Dispatch (Daily Supply Stack) (EUAJAGAG)

Keywords

• Natural gas transmission
• High-pressure pipeline operation
• Transmission system operator
• Gas capacity booking
• Cross-border gas interconnection

Headquarters

HQ city

Siófok

HQ country

Hungary

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Personnel, Operations, Technology or R&D, Supply Chain

Revenue model

1. Natural Gas Transmission Services: Regulated transmission tariffs for transporting natural gas through the high-pressure pipeline network. Capacity-based fees and seasonal factors apply. Operates under ITO model with regulated return on assets.
2. Optional Data Supply Services: Fee-based optional data supply services for system users, system operators, and consumers including nominal allocated hourly data, IPdata, OTR SOAP services

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

FGSZ operates Hungary's high-pressure natural gas transmission pipeline network, providing non-discriminatory gas transmission services to gas distribution companies, industrial consumers, power plants, and gas suppliers/traders. Its offering combines physical pipeline capacity (5,889 km of long-distance pipelines, 8 compressor stations, ~400 delivery stations) with proprietary digital platforms (Regional Booking Platform, Information Platform, Trading Platform) for capacity booking, nomination, allocation, accounting, and trading. Optional fee-based data supply services (IPDATA, TSODATA, OTR SOAP) round out the portfolio.

Product overview

FGSZ operates as the independent transmission system operator (ITO model) for Hungary's high-pressure natural gas transmission network. The company provides a unified platform portfolio consisting of: the Information Platform (IP/IPNew) as the central data hub for system operations and EU compliance; the Regional Booking Platform (RBP) for capacity allocation and trading; the Trading Platform (KP) for commercial gas transactions; IPDATA for data supply services; and TSODATA for time series operational data. These platforms work together to enable nomination, allocation, accounting, and capacity booking across Hungary's 5,889 km pipeline network. Supporting services include multifactor and certificate-based authentication, a unit converter tool, calibration services, and network user training programs. The company also maintains strategic hydrogen transmission plans for future infrastructure adaptation.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Coverage of up to 60% of annual domestic gas consumption through storage capacity
• +1 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature5 records

Partnerships

Seven partnerships are on record, tiered core, major and minor.

• SNTGN Transgaz S.A. (Romania)coreTechnology or Integration · 27 October 2025Joint transmission system optimization with Romanian TSO Transgaz. Technical capacity at Csanádpalota interconnection point increased multiple times - from 3,283,570 kWh/h to 3,502,475 kWh/h (RO>HU) and from 3,250,052 kWh/h to 3,466,722 kWh/h (HU>RO) as of 2026. Part of Vertical Corridor development.
• Gas TSO of Ukraine LLCmajorTechnology or Integration · 26 June 2025VIP Bereg interconnection point coordination. Bundled capacity offerings for UA>HU direction for next 15 gas years starting July 2026.
• GASTRANS (Serbia)majorTechnology or Integration · 17 April 2025Coordination on maintenance works affecting Kiskundorozsma 2 interconnection point (RS>HU). Joint scheduling for TurkStream pipeline maintenance affecting Hungarian transmission system.
• Eustream (Slovakia)coreTechnology or Integration · 1 October 2024Interconnection agreement amendment for Slovak-Hungarian border crossing point at Vel'ké Zlievce/Balassagyarmat. Firm capacity increased to 4,240,252 kWh/h (from 2.63 bcma to 3.5 bcma) pilot basis in HU>SK direction. Important part of Vertical Corridor development.
• Gas Connect AustriamajorTechnology or Integration · 16 May 2024Coordination on maintenance works affecting Mosonmagyaróvár interconnection point. Joint maintenance scheduling for cross-border capacity management.
• Vertical Corridor Initiative MemberscoreStrategic or Co-development Partner · 1 May 2024FGSZ participates in Vertical Corridor Initiative with DESFA, ICGB, Bulgartransgaz, Transgaz, Vestmoldtransgaz, and Gas TSO of Ukraine. Joint project proposals for capacity expansion of Southern transit route for alternative gas resources entering CEE region.
• Bulgartransgaz EAD (Bulgaria)minorImplementation/ SI/ Consulting Partner · 1 January 2024Procurement contract between Bulgartransgaz EAD and FGSZ Zrt. as part of Bulgartransgaz's public procurement procedure. Data protection and contractual compliance under Bulgarian law.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Market position

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/about

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FGSZ Földgázszállító