MVM takes control of utility company NKM – Hungary, 30 August 2019

State-owned Hungarian Electricity Works (MVM) announced that it has become the sole owner of the National Public Utilities Company (NKM) through a capital raise of some 43.1 million euros.

At the end of 2018, MVM controlled 50 % of NKM’s shares, while the Hungarian Development Bank (MFB) controll

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