The entitlements and roles of the Hungarian Power Companies Ltd.

In the process of the Hungarian public electricity supply the task of the Hungarian Power Companies Ltd. is the wholesale trade, transmission and cross-border transport of electricity.

According to the operational licence, got from the Hungarian Energy Office, the company introduced its integrated management system that covers all the activities and elements of the operation, including its high voltage networks, telecommunication and measurement systems, maintenance, development and the related financial- and accountancy processes.

The Hungarian Power Companies Ltd. was established in 31 December 1991 with the transformation of the Hungarian Power Trust, as its successor, with an approximately 200 billion Ft invested capital. The company’s biggest shareholder is the ÁPV Ltd. (with a 99,86% share). Among the shareholders there are municipalities, some other legal entities and natural person.

The main cooperating partners are the national power plants and distribution companies, MAVIR Rt., electricity companies of the member countries of CENTREL and UCTE, other participants of the European electricity market and organisations of EURELECTRIC, etc.

The operation and maintenance of the high voltage transmission network - owned by the MVM Ltd. – is the task of transmission lines operator OVIT Ltd. according to a long-term contract. The secondary reserve gas turbines (Litér, Sajószöged, Lőrinci) are operated by the GTER Ltd., while ensuring their availability is the task of MVM. The cooperation is supported with regard to the fact that all the partners operate the ISO 9001- and ISO 14001-quality management systems and develop them continuously.

The Hungarian Power Companies Ltd. operates its integrated management system in the field of public wholesale trade and transmission of electricity and energetic investments and development.

The organisation of the integrated management system includes the chief executive, the leaders according to the SZMSZ, and the net of the quality and environmental commissioners of the top management, chief engineers and major departments. The quality and environmental commissioners make up the Quality and Environmental Committee, which is the decision reparatory forum of the highest quality and environmental body, the Quality and Environmental Board.

In the organisation of the integrated management the top management’s representative is the leader of the Department of Quality Management, who is responsible for the right operation of the quality and environmental system according to the Integrated Handbook. In the environmental management the top management’s representative is the leader of the Department of Environment who is - cooperating with the Department of Quality Management - responsible for the operation of the environmental requirements.

Relating materials:

The management policy of the MVM Ltd.