Another merger takes place in Hungary's energy sector

Portfolio
State-owned MVM Zrt. has become the sole owner of Hungary’s national utility company NKM Nemzeti Közművek Zrt.
As the only shareholder in MVM, the Hungarian state has carried out a HUF 13.4 billion capital increase in the company, i.e. by the minority shareholding it had in NKM. As a result, NKM has become a 100%-owned subsidiary of MVM. The services offered by the new energy holding created by the complete merger of NKM Group covers the entire spectrum of the energy value chain.

MVM Group’s income has been showing an ascending trend, whereas it profits mostly stagnated over the last few years.
 

More in Energy

November 03, 2025 13:35

Hungary's MVM undergoing significant restructuring

MVM ONEnergy kicks off

krk horvátország janaf olaj
October 29, 2025 08:12

A major scandal is brewing: decoupling from Russian energy could be in jeopardy

There may have been a breach of contract

Mol Dunai Finomító Dufi
October 28, 2025 11:50

Hungary Mol refinery back in business

Restart after a fire

GettyImages-2161472215-duna-épület-felhőkarcoló-folyó-híd-tó-város-duna-épület-felhő-felhőkarcoló-folyó-híd-park-város
October 21, 2025 12:23

Mol on the Százhalombatta fire: no indication of external interference at the moment

Oil company held a press briefing about the fire at its refinery

Mol Dunai Finomító Dufi
October 21, 2025 11:06

Mol issues special announcement on the nighttime fire in Százhalombatta

Strategic reserves may also need to be utilised

LATEST NEWS
Charting is displayed using TradingView's technology, a platform, where you can build advanced charts, spot upcoming trends in the stock screener, and find inspiration in multiple trading ideas

Detailed search