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MVM OVIT Zrt. (Hungary)

Main Activities: Utility System Construction | Electric Power Transmission, Control, and Distribution
Secondary Activities: Boiler, Tank, and Shipping Container Manufacturing | Water and Sewer Line and Related Structures Construction | Electrical Contractors and Other Wiring Installation Contractors | Power, Distribution, and Specialty Transformer Manufacturing
Full name: MVM OVIT Orszagos Villamostavvezetek Zrt. Profile Updated: September 11, 2020
Buy our report for this company USD 29.95 Most recent financial data: 2019 Available in: English & Hungarian Download a sample report

The predecessor of Orszagos Villamostavvezetek Zrt. (OVIT) (National Power Line Company) was founded in 1949 as National Company for Power Line Construction. The main activities of the company are designing, construction, maintenance and renewal of middle and high voltage power transmission lines and substations, establishment of complex projects as main contractor, maintenance, investment and establishment of power plants, manufacturing of steel structures, operation of electric plants, heavy transport.

Headquarters
Rakospalotai Korvasut sor 105.
Budapest; Budapest; Postal Code: 1158

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Website: http://www.ovit.hu

Basic Information
Total Employees:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
February 15, 1951
Key Executives
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Chairman of the Management Board
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
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Member of the Supervisory Board
Ownership Details
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Subsidiaries
Banhida Eromu Kft.
ENERGO-MERKUR Villamosenergiaipari Kereskedelmi es Szolgaltato Kft.
ERBE ENERGETIKA Mernokiroda Kft.
Company Performance
Financial values in the chart are available after MVM OVIT Zrt. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency HUF. Absolute financial data is included in the purchased report.
Net sales revenue
-12.61%
Total operating revenue
-1.92%
Operating profit (EBIT)
52.95%
EBITDA
32.61%
Net Profit (Loss) for the Period
247.35%
Total assets
-11.12%
Total equity
26.61%
Operating Profit Margin (ROS)
1.39%
Net Profit Margin
2.1%
Return on Equity (ROE)
13.36%
Quick Ratio
-0.05%
Cash Ratio
-0%

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