MVM

Budapest, Hungary Founded: 1963 • Age: 63 yrs Acquired By Antenna Hungaria
MVM is engaged in energy production and distribution in Hungary.
Annual revenue $30.9M Latest available
Total funding - 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 3 Services tracked
Competitors 5 Brand Intelligence

About MVM

MVM is a company based in Budapest (Hungary) founded in 1963 was acquired by Antenna Hungaria in November 2021. It operates as a Direct-to-Consumer (D2C) and Subscription Services. MVM has completed 2 acquisitions, including EMASZ Halozati and ENEXIO. MVM offers products and services including Electricity Production, Gas Storage, and Energy Retail. MVM operates in a competitive market with competitors including SolServices, RENA Solar, Electron Holding Zrt and Vabeko Solar, among others.

  • Headquarter Budapest, Hungary
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Mvm Zrt.
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $30.94 M (USD)
    137
    as on Dec 31, 2020
  • Net Profit
    $224.95 K (USD)
    484
    as on Dec 31, 2020
  • EBITDA
    Not available
  • Latest Funding Round
    $846.6 K (USD), Grant

    Sep 01, 2020

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Antenna Hungaria

    (Nov 19, 2021)

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Products & Services of MVM

MVM offers a comprehensive portfolio of products and services, including Electricity Production, Gas Storage, and Energy Retail.

Product name locked
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Primary

Electricity is generated through various power plants operated.

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Natural gas is stored for distribution and supply.

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Energy services are provided to residential and businesses.

Funding Insights of MVM

Investors in MVM

MVM has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Antenna Hungaria.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Subscription-based satellite TV services are delivered to customers.
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Investor details for MVM

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by MVM

MVM has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include EMASZ Halozati and ENEXIO.

Investments
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Investment portfolio details for MVM

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Electricity grid management, metering, and connection services are provided.
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Power cooling systems are manufactured for industrial energy applications.
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Complete acquisition details for MVM

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - MVM

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Detailed financials for MVM

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Mvm Comparisons

MVM Primary company
Description
MVM is engaged in energy production and distribution in Hung...
Location
Budapest, Hungary
Founded Year
1963
Annual Revenue
$30.94 M (USD)
Net Profit
$224.95 K (USD)
EBITDA
Not available
Employees
Not available
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Peer comparison for MVM

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
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Competitors of MVM

MVM operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SolServices, RENA Solar, Electron Holding Zrt and Vabeko Solar, among others.

Company Name Domain Founded year HQ Location Description
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Develops and permits large-scale solar parks with emphasis on sustainability.
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Offers solar panel installations for homes and industries with full maintenance services.
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Develops and operates renewable energy projects and energy trading services.
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Provides construction and maintenance of solar power plants with a focus on renewable energy projects.
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Detailed competitors of MVM

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  • Domains and locations
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Latest news on Mvm

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Complete news archive for MVM

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  • Source and publication date
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  • Brand-specific news history

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Frequently Asked Questions about MVM

MVM was founded in 1963 and raised its 1st funding round 57 years after it was founded.

MVM is headquartered in Budapest, Hungary.

Annual revenue of MVM is $30.94M as on Dec 31, 2020.

MVM is involved in the production, storage, transmission, and distribution of electricity and gas across Hungary and neighboring regions. The company operates various power plants, including nuclear, gas, and renewable energy facilities. Services are extended to both retail and wholesale markets, ensuring energy supply to residential and commercial clients. Additionally, network management and system operation are handled to maintain energy infrastructure. Solutions for energy efficiency and mobility are also provided to support sustainable development in the energy sector.

MVM's top competitors include SolServices, RENA Solar and Electron Holding Zrt.

MVM offers Electricity Production, Gas Storage, and Energy Retail.

MVM has made 2 acquisitions, including EMASZ Halozati, and ENEXIO.

MVM has 2 investors. Key investors include European Union, and Antenna Hungaria.

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