Hungarian state-owned energy company MVM has reportedly reached an agreement to acquire E.ON Energie, the gas and electricity supply business of the German group E.ON in…
Romanian transmission system operator Transelectrica, Georgian transmission system operator Georgian State Electrosystem, Azerbaijan’s power utility AzerEnerji, and Hungary’s power utility MVM have announced the establishment of…
Two electricity distribution companies owned by the Hungarian MVM Group will procure and install 89,103 smart meters by the end of February 2026. This initiative is part…
The MVM Group launched a new natural gas exploration and production investment in the Berettyóújfalu area of Hajdu-Bihar County at the end of last year. As planned, the…
Hungarian state-owned energy group MVM has agreed to purchase a 5% stake in Azerbaijan’s Shah Deniz gas field from the state-owned Southern Gas Corridor. This move…
Hungarian state-owned energy group MVM has agreed to purchase a 5% stake in Azerbaijan’s Shah Deniz gas field from the state-owned Southern Gas Corridor. This move…
Hungarian MVM Group has started natural gas exploration in the Berettyoujfalu. Three wells have already been drilled as part of the natural gas exploration and production…
The Government of Serbia gave prior consent to the establishment of the commercial company SRBGAS KFT, Budapest. Previously, as stated, the decision to establish that company…
Hungary badly needs to secure more electricity. But despite recent deals in the Balkans, the country’s state energy company MVM has neither the nous nor the…
MVM Paksi Atomeromu, the company operating the Hungarian nuclear power plant Paks, has announced the extension of the plant’s lifespan to the European Union, company head…