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Kinstellar Advises MVM Group on CCGT Power Plant Project at Tisza Power Plant

Hungary
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Kinstellar has advised Hungary’s state-owned energy company MVM Group on the public procurement and development of a new nearly-1-gigawatt combined-cycle gas turbine power plant at Tiszaujvaros in North-East Hungary. 

Earlier in 2025, Kinstellar advised MVM Group on CCGT power plant development (as reported by CEE Legal Matters on March 6, 2025).

The Kinstellar team in Budapest included Managing Partner Balazs Sepsey and Senior Associate Laszlo Bujaki.

Kinstellar at a Glance

Kinstellar is a leading independent law firm in Emerging Europe, Turkey and Central Asia, with offices in Bulgaria (Sofia), Croatia (Zagreb), the Czech Republic (Prague), Hungary (Budapest), Kazakhstan (Almaty and Astana), Romania (Bucharest), Serbia (Belgrade), Slovakia (Bratislava), Turkey (Istanbul), Ukraine (Kyiv), and Uzbekistan (Tashkent).

Operating as a single fully integrated firm, Kinstellar delivers consistently high quality services across all jurisdictions in an integrated and seamless style. We are particularly well suited to servicing complex transactions and advisory requirements spanning several jurisdictions.

Firm's website.