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MVM OVIT Zrt. (Hungary)

Main Activities: Electric Power Transmission, Control, and Distribution | Utility System Construction
Secondary Activities: Water and Sewer Line and Related Structures Construction | Electrical Contractors and Other Wiring Installation Contractors | Boiler, Tank, and Shipping Container Manufacturing | Power, Distribution, and Specialty Transformer Manufacturing
Full name: MVM OVIT Orszagos Villamostavvezetek Zrt. Profile Updated: December 20, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2022 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
Kesmark utca 14.
Budapest; Budapest; Postal Code: 1158

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Website: https://ovit.mvm.hu

Basic Information
Total Employees:
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Outstanding Shares:
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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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Member of the Supervisory Board
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Member of the Supervisory Board
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Member of the Supervisory Board
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Member of the Supervisory Board
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Member of the Supervisory Board
Ownership Details
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Subsidiaries
Banhida Eromu Kft.
GTER Gazturbinas Eromuveket Uzemelteto es Karbantarto Kft.
MVM BVMT Bakonyi Villamos Muvek Termelo Zrt.
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
24.24%
Total operating revenue
21.53%
Operating profit (EBIT)
-35.39%
EBITDA
-9.36%
Net Profit (Loss) for the Period
-77.87%
Total assets
1.11%
Total equity
-6.06%
Operating Profit Margin (ROS)
-0.66%
Net Profit Margin
-3.08%
Return on Equity (ROE)
-5.95%
Quick Ratio
-0.89%
Cash Ratio
-0.01%

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