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MVM names new CEO

Csaba Baji, a former head of the Paks Nuclear Power Plant, has been named CEO of the state-owned Hungarian Electricity Works (MVM), MVM said on Friday. An extraordinary general meeting of the company elected Baji CEO to replace Imre Mártha, who was recalled from the post in which he has served since May 2008. Baji was the CEO of Paks until September 2002. He was also earlier a member of MVM's board of directors. The meeting also recalled MVM's boards and appointed new members. (MTI-ECONEWS)