Tag: NKM

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 […]

NKM acquired local gas distributor – Hungary, 17 October 2017

Hungarian state-owned NKM National Utilities, formerly named ENKSZ, announced that it has signed an agreement with ENGIE on the acquisition of 100 % stake in regional natural gas distributor Egaz-Degaz […]

State takeover of 100 % of Fogaz shares approved – Hungary, 14 June 2017

State-owned utility company ENKSZ, which is now operating under a new name NKM Nemzeti Kozmuvek, will acquire 100 % of the shares of natural gas distributor Fogaz and will provide […]