MVM deputy CEO named to head state-owned utility ENKSZ

History

György Kóbor, deputy CEO of state-owned Hungarian electricity works MVM, has been appointed by the Minister of National Development as chairman-CEO of state-owned utilities company ENKSZ as of October 10, the company told Hungarian news agency MTI today.

Kóbor will replace Péter János Horváth, who was head of First National Public Utility Ltd. (ENKSZ) since its establishment in 2015. ENKSZ announced last week that Horváth had left by mutual agreement as of October 1. 

Kóbor, earlier deputy CEO of E.ONʼs Hungarian energy trading unit, served as deputy CEO of MVM from 2010 to 2012, when he took over as CEO of MET Power Hungary, the local unit of the MET Group, an international energy trader established in Hungary in 2007, and 40% owned by Hungarian oil and gas company MOL. Kóbor returned to MVM as deputy CEO in 2013.

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