Deals

Deals

Spending on TV food ads climbs 36%

Spending on television advertisements for food products in Hungary saw a rise of 36%, reaching HUF 130 bln last year,...

Deals

MNB seizes Buda-Cash brokers, charging fraud

The Hungarian National Bank (MNB) said today it has taken over the management of Buda-Cash brokerage, and put restrictions on...

Deals

Reuters: Sberbank plans to sell Hungarian units

Russian Sberbank is reportedly preparing to sell its Slovakian and Hungarian branches, international news agency Reuters said yesterday, citing Czech...

Deals

Uber: We are in favor of market regulations

In spite of its growing popularity, mobile app based transportation network Uber, launched in Hungary last fall, has managed to...

Deals

BSE relocates to Szabadsag tér

The Budapest Stock Exchange (BSE) has moved to the Bank Center building on Szabadság tér from its previous location on...

Deals

New tolls temporarily block congestion charge

The following story is from the February 13-February 26 print edition of the Budapest Business Journal....

Deals

Xerox Magyarország welcomes new general manager

Marius Persinaru was appointed country general manager at Xerox Magyarország, the company announced yesterday....

Deals

Competition Office fines SPAR on charge of misleading consumers

Hungary's Competition Office (GVH) on Thursday said it fined supermarket company SPAR Magyarország Kereskedelmi HUF 43 mln for misleading advertising,...

Deals

E&Y welcomes new communications director

Eszter Jákó (pictured) was appointed the new Marketing and Communications Director at E&Y in December, the company announced....

Deals

State-owned assets manager MNV has new CEO

Norbert Szivek has been appointed CEO of the national asset manager MNV, which is owned by the Hungarian state, effective...

Deals

Hernádi: MOL performs well despite market conditions

MOL CEO Zsolt Hernádi said that Hungarian oil and gas company MOL is performing according to its growth plan, despite...

Deals

INA dismisses speculation it would ship crude abroad for refining

INA, the Croatian unit of Hungarian oil and gas company MOL, Wednesday dismissed speculation in the press that it plans...

Deals

Local business people on the move

Whoʼs News is presenting Zsuzsa Krizbai-Orbán (Head of Marketing and Communications at Hays Hungary), Dániel Gera (Senior Lawyer at Schoenherr Hetényi...

Deals

Bourse fines BTel for failing to comply with disclosure rules

The Budapest Stock Exchange yesterday said it had fined Business Telecom (BTel) HUF 3 mln for failing to comply with...

Deals

MNB fines Tresor Market Corporation and agents HUF 325 mln

The National Bank of Hungary (MNB) fined Seyschelles-based Tresor Market Corporation and several companies acting as its agents for unlicensed...

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...