The company owns several power plants including its most important electricity source: Paks Nuclear Power Plant with a total installed capacity of 2,000 MW and has 3,501 km of transmission lines.

An expansion is currently planned to add an additional two 1200 MW VVER reactors, allowing for Hungary to decrease its carbon emissions and potentially become one of the electricity generators with the lowest carbon emission levels in Europe, along with France and Sweden.

In the middle of 2012, MVM established a subsidiary for prepare the factual steps of Paks expansion.

[1][2][3] In August 2022 the Hungarian government issued a construction permit for the MVM Group to build a twin VVER-1200-reactor extension to the Paks NPP, which already has four reactors of the VVER-440 type.

[6] MVM started talks with QatarEnergy LNG about quantity, pace and shipment.