Tag: MVM

MVM and Electrochaea to build power-to-gas plant – Hungary, 27 October 2016

State-owned Hungarian Electricity Works (MVM) announced that it will establish a joint venture company with German Electrochaea for the purpose of the construction of the world’s first grid-scale power-to-gas plant. The 10 MW plant will be built in Hungary and it will use new power-to-gas technology exclusively developed by Electrochaea. This technology is used to […]

MVM’s Deputy CEO appointed as CEO of ENKSZ – Hungary, 10 October 2016

State-owned utilities company ENKSZ announced that it has appointed Gyorgy Kobor, former Deputy CEO of also state-owned Hungarian Electricity Works (MVM) as its new CEO. Kobor will repllace Peter Janos Horvath in this position, who was the company’s CEO since its establishment in 2015. ENKSZ announced that it has terminated the contract with Horvath on […]

MVM in talks to acquire new power plant – Hungary, 16 September 2016

CEO od state-owned Hungarian Electricity Works (MVM), Peter Csiba said in an interview that the company is in talks to purchase Csepel power plant, one of the most advanced gas-fired power plants in the country, adding that it may also increase its stake in Matra power plant and plans to implement several renewables projects. Csiba […]