MVM Paks Nuclear Power Plant Ltd. is a nuclear power facility located in Paks, Hungary. It is the largest power plant in the country, providing a significant portion of Hungary's electricity. The plant operates four nuclear reactors, which use uranium as fuel to generate energy through nuclear fission. Established in the 1980s, the plant plays a crucial role in Hungary's energy strategy, promoting energy independence and reducing greenhouse gas emissions. MVM Group, the parent company, oversees its operations, ensuring safety and compliance with international nuclear standards. The facility is vital for meeting the country's growing energy demands.