Deals

Deals

Magyar Telekom appoints new deputy-CEO of retail services

András Gyenes, 46, was appointed deputy-CEO of retail services at Magyar Telekom, as of July 3, 2015, Hungarian news agency...

Deals

INA to consider drawing HRK 15-per-share dividend from profits

The management of Croatian oil and gas company INA, a subsidiary of Hungarian oil and gas company MOL, is proposing...

Deals

MOL rebrands its Czech subsidiaries

Hungarian oil and gas company MOL yesterday began a re-branding campaign of its petrol stations in Czech Republic, Hungarian news...

Deals

Hungary to recycle 6,000 tons of CRT TVs, monitors

Hungarian environmental protection agency OKTF is preparing a HUF 380 mln tender to provide funds for the recycling and disposal...

Deals

Varga launches investigation of Uber

Hungary’s economy minister Mihály Varga today ordered the ministry and its institutions to launch an investigation in connection with the...

Deals

Govʼt to make free lunch for poor children mandatory during summer break

The Hungarian government is planning the introduction of mandatory free hot lunches for all children from low-income households during the...

Deals

Gov’t PR office calls HUF 25 bln tender

Hungaryʼs National Communication Office has called a HUF 25 bln open tender for communications services, an announcement in the Public...

Deals

MNB orders suspension of trade in TR Investment shares

The National Bank of Hungary (MNB) today ordered the suspension of the trade TR Investment shares for an indefinite period,...

Deals

MOL to buy Ithaca Petroleum Norge for $60 mln

Hungarian oil and gas company MOL today said it had agreed with Ithaca Petroleum Ltd. to buy its subsidiary in...

Deals

Hays Hungary Issues New Salary Guide

The following article was written by Tammy Nagy-Stellini, Managing Director at Hays Hungary....

Deals

MNB: Kun-Mediator losses valued at several billion forints

Approximately 700 investors are believed to have lost several billion forints invested through Kun-Mediator, which promised interest despite having no...

Deals

Police raid home of Kun-Mediator managing director

Police raided the home of the managing director of Kun-Mediator in Karcag, eastern Hungary, late Sunday and seized 800 contracts,...

Deals

Hungary launches spa classification system

Hungary launched a national classification system for its spas today, Hungarian news agency MTI reported....

Deals

Competition Office clears publishersʼ acquisition of subscription delivery service

Hungaryʼs Competition Office (GVH) said today that it had cleared the acquisition of subscription delivery company Magyar Előfizetői Vagyonkezelő (MEV)...

Deals

MOL-INA talks stall, MOL would sell stake

Talks between Hungarian oil and gas group MOL and the Croatian government, the two major shareholders of Croatian energy group...

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...