MVM Group
🇭🇺 HU · Active
Also known as MVM, Magyar Villamos Művek
MVM Group (Magyar Villamos Művek) is a Hungarian power company. Its most important asset is the Paks nuclear power plant, whose four VVER-440 reactors have about 2,000 MW of capacity and, according to Wikipedia, produced more than 45% of Hungary's electricity in 2025. In August 2022 the Hungarian government issued MVM a construction permit for two VVER-1200 reactors at Paks, with Rosatom as contractor.
- Sector
- Fission
- Technology
- Pressurised water reactor
- Role
- Utility, Operator
Terms
- Pressurised water reactor
- Ordinary (light) water kept under high pressure so it heats without boiling, transferring heat to a separate steam loop; the water is both coolant and moderator. Fuel is low-enriched uranium oxide pellets in zirconium-alloy rods. The most common reactor type in service worldwide.
Related companies
Sources
- MVM Groupaggregator
- MVM Csoport homepageoperator
- Paks Nuclear Power Plantaggregator