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).