Mátyás Vajta was appointed as the new CEO of HUPX Hungarian Power Exchange, effective 1st of August 2020.
Mr Vajta graduated as a lawyer from the Catholic University of Péter Pázmány and as a lawyer-economist from Budapest University of Technology and Economics. His career at HUPX started ten years ago in 2010 when Mr Vajta became the Head of Market Surveillance and Back Office at the newly founded Hungarian Power Exchange, where he worked for two and a half years.
He continued his professional path in the field of energy by working in the Hungarian Transmission System Operator – MAVIR from 2013. At MAVIR, he fulfilled important positions as the Head of Department of Renewable Energy Sources and Director of Market Operations. In 2018, he was the CEO of KOM Central Smart Metering, a subsidiary of MAVIR.
HUPX started its operation as the subsidiary of MAVIR in 2010. Over the past ten years, HUPX grew into a well-recognised and highly liquid group of energy exchanges, by successfully operating organised spot markets for power and natural gas and a regulated market platform for Hungarian electricity and gas futures products.