We strengthen
the competitiveness
of businesses
and the economy


An investment partner
for capital structure
development


An investment partner
for capital structure
development

As a member of the Nemzeti Tőkeholding group, MFB Invest Befektetési és Vagyonkezelő Zrt. invests capital to support the growth of companies facing expansion and capital-intensive investments, as well as to development projects that are particularly important to the national economy, especially energy and green field projects. It operates within the group of the Hungarian Development Bank and Nemzeti Tőkeholding.

Its aim to increase the integration of the Hungarian economy into Europe. In collaboration with market investors and international organizations, it establishes and oversees registered capital funds in Hungary, directing investments towards domestic companies. Through this, it efficiently allocates state resources, while catalysing the engagement of Hungarian private and international co-investors to ensure the successful implementation of numerous projects.

It is also involved in traditional industries but places particular emphasis on the green economy, real estate development and achieving energy independence. It engages in tight professional and economic collaboration with the Hungarian Development Bank.

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Our investment
operation in
capital funds

MFB Invest follows an indirect investment strategy. It establishes capital funds and guides them through their 5–15-year trajectory, securing resources within the funds with co-investors. It delegates the allocation of funds to private fund managers with a focus on various sub-markets so that:

  • capital is distributed more efficiently in the economy, leading to improved aggregated success and returns on investments,
  • with the addition of co-investor capital, state resources can offer amplified financing to enterprises for their development and growth,
  • projects with the goal of correcting or eliminating market deficiencies and gaps, while contributing to the development of the economy, are successfully implemented.

Investment areas

Investment areas

About the Nemzeti Tőkeholding

About the Nemzeti Tőkeholding

MFB Invest operates under the coordination of Nemzeti Tőkeholding Zrt., which is responsible for establishing a harmonized and predictable operational framework and norm system for capital funds with partial or full state backing. Additionally, it defines a unified strategic direction for the sufficient capital financing of domestic enterprises.

The collective mission of the group members of Nemzeti Tőkeholding is to contribute capital to achieve the goals set by the Ministry for National Economy. In pursuit of this mission, they possess both direct and "fund of funds" investor competencies.

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