May 2025 – Kinstellar is pleased to announce that it has advised MVM, Hungary’s leading state-owned energy group, on the successful sale of its 100% stake in MVM NET to Pro-M. The transaction was signed and closed on 30 April 2025.
MVM NET is a key player in Hungary’s telecommunications
market, operating a nationwide infrastructure network that provides
critical communications services to the energy sector and public
institutions.
This was a highly strategic and time-sensitive transaction, that
demanded not only deep legal insight but also efficient
coordination and execution across multiple workstreams. This
achievement is a testament not only to the dedication and
professionalism of our team, but also to the unwavering commitment
and strategic focus demonstrated by our client throughout the
process which were critical in driving the transaction to a timely
and successful closing.
Gábor Gelencsér, Partner and Head of Corporate and
M&A, Hungary
The Kinstellar team was led by Gábor
Gelencsér (Partner), with key support from
László Palócz (Counsel) and
Áron Barta (Managing Associate).