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

orbán viktor facebook
November 27, 2025 15:26

Hungary's Orbán says to hold talks on Russian oil and gas supplies on Friday

Serbian pipeline on the agenda too

mol benzinkút tankolás
November 27, 2025 09:06

Mol confirms exemption from US sanctions for Russian oil

Oil company issues official statement

November 27, 2025 08:50

Hungarian PM announces discussion on energy storage programme

The initiative affects both the general public and small and large companies

589091100_1370517554541534_5576243627823498355_n
November 26, 2025 14:55

Crisis situation in Hungary's neighbour: Mol prepares for critical step

Important announcement made

November 12, 2025 15:54

Hungary prepares crisis legislation in the event of an oil supply disruption

Bill submitted to Parliament

November 03, 2025 13:35

Hungary's MVM undergoing significant restructuring

MVM ONEnergy kicks off

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