In this paper a DC-link voltage balancing strategy for multilevel Cascaded H-Bridge (CHB) converter is proposed. Presented solution bases on optimal choice of active vector durations in Space-Vector Pulse Width Modulation (SV-PWM). It makes it possible to DC-link voltages control and to properly generate the output voltage vector in the case of DC-link voltage unbalance. Results of simulation and experimental researches on proposed control strategy are presented in the paper.