Deals

Deals

Central banker suggests conversion of of car loans

Forex car purchase loans and personal loans should be converted into forint debt to eliminate the exchange rate risk from...

Deals

Parliament approves law on career path model for law enforcement agencies, soldiers

Parliament yesterday approved legislation introducing a "career path model" for law enforcement agencies and soldiers. Under the legislation, the pay...

Deals

Beva to compensate Quaestor clients for unsanctioned bonds

Hungaryʼs Investor Protection Fund (Beva) on Friday said it will compensate clients of troubled brokerage Quaestor for unsanctioned bonds. The...

Deals

MKB to lay off almost 300 this year

Hungarian state-owned MKB Bank is planning to lay off approximately 300 employees this year, as a part of a reorganization...

Deals

M4 motorway project to be put on hold

The Hungarian government has decided that it will stop construction of the M4 motorway, cabinet chief János Lázár said at...

Deals

Government proposes lowering top ad tax rate to 5.3%

The Hungarian government is expected to propose reducing the top rate for the progressive advertising tax to 5.3%, from the...

Deals

Fidesz MP calls for equitable distribution of EU investment fund

Hungary wants the principle of equal opportunity to be enforced when the resources of the European Fund for Strategic Investments...

Deals

MVM to become sole proprietor of Paks, Vértesi power plants

The state-owned Hungarian Electricity Works (MVM) will buy all shares in the Paks nuclear power plant and the Vértesi power...

Deals

New road toll system sells 949,000 county vignettes

Since the introduction of the new road toll system in January, approximately 949,000 county motorway vignettes have been sold, while...

Deals

M4 probe to wind up at end of April

The Hungarian governmentʼs review of the construction of a section of the M4 motorway, to investigate the European Commissionʼs suspicion...

Deals

Court grants Quaestor unit temporary moratorium

The Budapest Municipal Court of Appeals granted Quaestor Financial Hrurira a temporary moratorium on payments on March 31, Hungarian news...

Deals

MNB could turn to court on Quaestor client compensation issue

The National Bank of Hungary (MNB) could turn to the court to defend Quaestor clientsʼ right to compensation if it...

Deals

Budapest Bank racks up HUF 38.7 bln loss on borrowers relief

Hungary’s Budapest Bank saw an after-tax loss of HUF 38.7 bln last year as the lender made HUF 48.5 bln...

Deals

Csányi weighs in on Quaestor bonds

OTP chairman-CEO Sándor Csányi believes it would be “unjustified” to force financial market players in Hungary to compensate investors for...

Deals

Prosecutor: HUF 160 bln in Quaestor assets seized

A total of HUF 160 bln in assets has been seized so far in the Quaestor brokerage case, Budapestʼs chief...

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...