Deals
Balkan Deals Mark Road to IPO for Hungarian Energy Champion
- Serbia a key foothold in region for state-run power company
- MVM eyes Croatian LNG, TurkStream, Black Sea opportunities
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Hungary’s state-run energy group MVM Zrt. is planning a wave of acquisitions and deals in the Balkans and in renewables before a potential initial public offering, its chief executive officer said.
The company, which owns assets ranging from nuclear energy to natural gas storage, is helping Prime Minister Viktor Orban’s government develop energy links from the Adriatic to the Black Sea. New projects include the TurkStream gas pipeline backed by Russia and planned partnerships in Serbia and the Czech Republic.