MVM Group
and its subsidiaries

As of December 31st, 2018 the MVM Group is comprised of 82 subsidiaries.

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Merger of
MVM and NKM

As of August 1st, 2018 NKM Ltd. and its subsidiaries has become 100%-owned subsidiary of MVM.

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Generation
Indicators

In 2018, the MVM Group generated 16,073 GWh electricity and 2,979 TJ heat.

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Financial Performance

In 2018, the net sales of the MVM Group amounted to HUF 1,718.9 bn and its investment projects amounted to HUF 122.7 bn. In total, the Group’s EBITDA for 2018 was HUF 112.8 bn.

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Financial Performance

In 2018, the net sales of the MVM Group amounted to HUF 1,718.9 bn and its investment projects amounted to HUF 122.7 bn. In total, the Group’s EBITDA for 2018 was HUF 112.8 bn.

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Increasing
Customer Numbers

The MVM Group is responsible for implementing nearly 4.2 mn direct customer contracts by supplying electricity, heat energy and natural gas.

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Extensive
Energy Infrastructure

The MVM Group operates approximately 65,000 km long energy infrastructure to supply electricity, heat energy and natural gas to its customers.

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Total Capacity

Compared to 2017, the total installed electrical capacity of our power plants increased by nearly 3% to 3,007 MWe in 2018. The total installed thermal capacity is 6,659 MWth.

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Further growth
in renewable
energy capacity

Compared to 2017, the electrical capacity of photovoltaic power plants had increased 7.5 times in 2018. It’s due to photovoltaic power plant investments such as the solar power plants in Felsőzsolca and Paks each with 20 MW installed capacity.

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The nuclear-based production
represented more than 50%
of domestic production

In 2018, the Paks Nuclear Power Plant generated 15,733.5 GWh of electricity.

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MVM favors
domestic suppliers
over foreign ones

In 2018, 94% of all MVM Group’s suppliers were domestic.

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Quantity of energy
used for energy
generation purposes

In 2018, the MVM Group used 160,701 TJ energy for energy generation purposes.

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Energy intensity
shows decreasing trend

The energy intensity of the MVM Group shows a decreasing trend. Compared to 2017, it decreased more than 20%. Its value in 2018 is 0.10 MJ/HUF.

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Continuous decline in
CO2 emission

The CO2 emission of the MVM Group decreased compared to the previous years. In 2018, it was 247,875 tons.

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Intensity of GHG

In 2018, the total GHG intensity of the MVM Group was 4.32 tons CO2 eq/TJ.

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Quantity of
water used

In 2018, the MVM Group used 2,758.6 million m3 of surface water.

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Waste Management

We handed over 69% of our non-hazardous waste (40,713 tons) and 20% of our hazardous waste (1,854 tons) for recovery. The remaining waste was properly disposed.

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Number of Alternative
Fuel Vehicles

By the end of 2018, the MVM Group had 14 electrical and 6 hybrid vehicles.

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Bird Protection

As a result of the bird protection programme of MAVIR Ltd., more than 480 artificial nests are available to birds of prey.

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Establishment of
Solar Power Plants

In 2018, numerous solar power plants began operations throughout the country.

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Environmental
Investments

The MVM Group has contributed with a number of environmental investments to reduce waste generation, improve energy efficiency and reduce pollutant emissions.

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Reduction of polarised
light pollution (PLP) impact of
solar panels

The solar panels of the photovoltaic power plants installed by the MVM Green Generation Ltd. have a filter suitable for reducing polarized light pollution (PLP).

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Increasing
number of employees

As of December 31st, 2018 the number of employees of the MVM Group was 11,888.

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CSR Activities

The MVM Group’s CSR activities concentrate primarily on charity, sports, culture, education, science and environmental protection.

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“Winter Utility
Rate Cut” scheme

Under the winter utility rate cut scheme, the MVM Group supported retail consumers with HUF 41.5 bn thus reducing their expenses.

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“Junior Prima Award”
Supporting Music and Arts

The MVM Group recognized the work of 10 young artists with the Junior Prima Award. They each received HUF 2 mn in support and opportunities to showcase their talent.

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“Day of Experiences”
a charity event for children

The MVM Partner Ltd. and the MVM Ltd. organized a charity event for nearly 800 disabled and disadvantaged children. A total of HUF 100 mn in grant was handed over to 12 institutions and NGOs.

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“MVM Edison”
Startup Competition

The MVM EDISON startup competition is the biggest contest in Hungary for early-stage startups and idea owners. MVM EDISON aim is to promote energetics, energy awareness and to find creative innovations. The finalists participate in an eight weeks intensive incubation program. During the incubation program, they validate their idea/project based on methodologies, such as design thinking. The uniqueness of the program is that it completes teams through a validation process that is based on customer needs.

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