Deals

Deals

Minister: Social sector to get HUF 7.6 bln wage supplement

As of June, approximately 65,000 workers in the social services will receive wage supplements, Minister of Human Capacities Zoltán Balog...

Deals

INA to sell big portion of properties

Croatian oil company INA has decided to sell a substantial part of its properties and projects revenue of €32 mln...

Deals

Tax office probe: Uber drivers operate illegally

Hungary’s National Tax and Customs Authority (NAV) finished the scrutiny of Hungarian drivers working with the San Francisco-based ride-sharing service...

Deals

Swedish Chamber of Commerce awards Hungarian-developed disinfectant

Hungarian-developed disinfectant Solumium, was awarded the Grand Prize by the Swedish Chamber of Commerce in Hungary in 2015, the chamber...

Deals

Bill would authorize MNV to e-auction heirless objects

Hungarian lawmakers submitted a bill to Parliament yesterday, under which the Hungarian National Asset Management Company (MNV) would receive authorization...

Deals

Raiffeisen Bankʼs services restored

Raiffeisen’s ATM cash withdrawal, card payment and internet banking services were restored shortly before midnight yesterday, the company announced this...

Deals

Property market performs better with remnants of the crisis still present

The following article was written by Sándor Habóczky, Partner and Head of Real Estate at Schoenherr Hetényi Attorneys at Law,...

Deals

New ad tax could hurt retailers

Retail chains could be required to pay approximately HUF 2 on each catalog, in which they advertise their own products...

Deals

Croatian supreme court rejects MOL market manipulation appeal

Croatiaʼs supreme court has rejected an appeal by Hungarian oil and gas company MOL and upheld a decision by the...

Deals

Croatia to offer Hungaryʼs MOL new shareholder agreement on INA

Croatia is planning to offer Hungarian oil and gas company MOL a new shareholder agreement for the jointly-owned, Zagreb-based oil...

Deals

NNG opens offices in Japan, USA

Hungarian navigation software developer NNG is opening new offices in Tokyo, Japan and Detroit, United States to serve local clients’...

Deals

Tax office scrutinizes Uber in Hungary

Hungary’s National Tax and Customs Authority (NAV) launched an investigation on Hungarian Uber drivers, a few weeks after economy minister...

Deals

MOL Romania sales rise 7% in Q1

Sales of MOL Romania, the Romanian unit of Hungarian oil and gas company MOL, saw a year-on-year rise of 7%...

Deals

Reuters: MOL eyes further retail buys in Central Europe

Hungarian oil and gas company MOL plans further acquisitions to boost its retail market share in central Europe, where demand...

Deals

Invitel launches €30 mln network development

Hungarian tele- and info-communications company, Invitel is launching a more than €30 mln development program in the retail and corporate...

Deals

Logicor Announces Sale of Operations in Hungary to Sino Logistics

Logicor announced the sale of its Hungarian operations to Sino Logistics. The transaction includes the company's local real estate portfolio...

Deals

Wizz Air Becomes Official Partner of Sziget 2026 Festival

Wizz Air has become the official partner of Sziget 2026, the company announced. Under the agreement, Wizz Air flights will...

MOL Gets U.S. Clearance for Preparatory Steps in NIS Acquisition

MOL has received a U.S. sanctions license authorizing certain preparatory transactions related to its potential acquisition of a stake in...

Serbia Says MOL Deal for NIS Stake Signed; MOL Reports No Disclosure Update

A contract for MOL’s acquisition of a stake in Serbian oil and gas company NIS from Russia’s Gazprom Neft has...

Szentkirályi to Take Over Almdudler Distribution in Hungary From January.

Szentkirályi Magyarország is set to take over Hungarian distribution of popular Austrian herbal soft drink Almdudler on January 1, 2027....

O3 Partners Plans Minority Stake in Impact Ventures Under Strategic Partnership

O3 Partners N.V. and Impact Ventures Venture Capital Fund Management Plc., together with its owner, have signed a memorandum of...

Duna Group Opens Door to Hungarian State Stake in Controversial African Road Project

Duna Group, one of the construction companies that became a major player in Hungary during the Orbán era, remains open...

Continest Expands French Operations With First Strategic Partner

Continest Technologies Plc.’s rental division has established its first strategic partner in France, strengthening the company’s presence and expanding access...

Hungary’s Liwo Group Wins EUR 1.5 mln Slovenian Hospital Contract

The Slovenian subsidiary of Hungary’s Liwo Group has won a public procurement contract to provide comprehensive indoor cleaning and internal...

MOL Signs Agreement With Shell to Buy BG Cyprus in Largest E&P Move Since 2019

MOL Group said Friday it had signed an agreement with Shell to acquire BG Cyprus Ltd., its wholly owned subsidiary....

BME, OTP Join Forces to Strengthen Cybersecurity Education and Research

A new partnership between the Budapest University of Technology and Economics (BME) and OTP Bank aims to connect academic expertise...

BME, OTP Bank Sign Strategic Cybersecurity Cooperation Agreement

The Budapest University of Technology and Economics (BME) and OTP Bank have signed a strategic cooperation agreement aimed at strengthening...

Hungary M&A Activity Rises 16% in 2025, Above Global Average

Merger and acquisition activity in Hungary rose 16% in 2025, outpacing the global and regional averages, according to data compiled...

Logicor Announces Sale of Operations in Hungary to Sino Logistics

Logicor announced the sale of its Hungarian operations to Sino Logistics. The transaction includes the company's local real estate portfolio...

MOL Successfully Concludes Talks With Serbia on NIS Acquisition

Hungarian oil and gas company MOL said it successfully concluded negotiations with the government of Serbia on the conclusion of...

Wizz Air Becomes Official Partner of Sziget 2026 Festival

Wizz Air has become the official partner of Sziget 2026, the company announced. Under the agreement, Wizz Air flights will...

4iG, Northrop Grumman Sign Satellite Deal to Boost Hungary’s Space Capabilities

4iG S&D has signed a multimillion-dollar agreement with Northrop Grumman to develop a geostationary communications satellite under Hungary’s flagship Husat...