dr. Mátyás Vajta

Dr. Mátyás Vajta is the CEO of HUPX and a member of the ADEX Group Management Board. He graduated as a lawyer from the Catholic University of Péter Pázmány and as a lawyer-economist from the Budapest University of Technology and Economics. His career at HUPX started in 2010, when he became the Head of Market Surveillance and Back Office at the newly founded Hungarian Power Exchange. Later, he joined the Hungarian Transmission System Operator (MAVIR Ltd.), where he served as Head of Department of Renewable Energy Sources and as Director of Market Operations. In 2018, he was appointed CEO of KOM Central Smart Metering Ltd., a MAVIR subsidiary. Throughout his career, Dr. Vajta has been actively involved in several electricity market projects, including the establishment of HUPX’s day-ahead and physical futures markets, the implementation of the CZ-SK-HU and 4M market couplings, and the XBID LIP15 project. As MAVIR’s Director of Market Operations, he represented the company in major European initiatives such as the Single Day-Ahead Coupling (SDAC), the Single Intraday Coupling (SIDC), the Core Capacity Calculation Region, the Core Flow-based Market Coupling, and the Interim Coupling project, while also contributing to several ENTSO-E working groups. Since returning to HUPX as CEO in 2020, Dr. Vajta has been leading the organized electricity market in Hungary. Following the merger of HUPX and ADEX Group, he also contributes to shaping the regional market as a member of the Group’s Management Board.