Deals

Deals

Smartwings to launch seven new routes from Hungary

Czech airline Smartwings is set to launch seven new flights from Hungary this summer, Airline Route announced yesterday, according to...

Deals

Taxis protest Uber in Budapest

Approximately 60 cabs protested yesterday in Budapest against U.S.-based ridesharing service Uber, precisely the service’s free promotion announced for this...

Deals

Telecom authority fines Magyar Telekom HUF 65 mln

Hungaryʼs National Media and Infocommunications Authority (NMHH) yesterday fined Magyar Telekom HUF 65 mln on charges of failing to give...

Deals

State acquisition of bank exempt from competition audit

The government has declared the stateʼs acquisition of 100% of the shares in Budapest Bank from General Electric Capital Group...

Deals

MNB fines MNG group almost HUF 300 mln for violations

The National Bank of Hungary (MNB) on Tuesday said it fined MNG International Investments Inc and its financial advisory division...

Deals

Editorial: Corruption cases eroding faith

The following is the editorial column from the March 13-26 print edition of the Budapest Business Journal....

Deals

MNB sends proposal on tighter financial sector oversight rules to ministry

The National Bank of Hungary (MNB) yesterday sent a package of legislative amendments that would tighten financial sector oversight rules...

Deals

BSE restores limited trading rights to Quaestor

The Budapest Stock Exchange today restored limited trading rights in the derivatives section for Quaestor Securities, Hungarian news agency MTI...

Deals

BCCH appoints executive director

Csilla Csurgai (pictured) has been appointed once again to the post of Executive Director of the British Chamber of Commerce...

Deals

Eurowind completes HUF 275 mln project

Italian-Hungarian truck part manufacturer Eurowind has opened a HUF 275 mln new production hall at its base in Székesfehérvár in...

Deals

Croatia, MOL to resume talks on INA

The government of Croatia and Hungary's oil and gas company MOL are set to resume talks at the end of...

Deals

MOL exercises squeeze-out right for TVK shares

Hungarian oil and gas company MOL said yesterday that it is applying its squeeze-out right for shares of petrochemicals company...

Deals

MNB partially suspends Quaestor licence

The National Bank of Hungary (MNB) today said it partially suspended the operating licence of Quaestor Securities Trading and Investment...

Deals

MOL tender for TVK shares successful

Hungarian oil and gas company MOL said on Friday that its voluntary public tender offer for the ordinary registered shares...

Deals

KSH: Hungary’s GDP grows in Q4

Hungary's GDP saw a year-on-year 3.4% growth in Q4 last year, chiefly lifted by strong performances in the manufacturing, construction...

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...