Deals

Deals

Minimum Wage Agreement Signed

An agreement reached days earlier by unions and employers associations on minimum wage rises was signed on Monday, the Economic...

Deals

Employers, Unions Reach Minimum Wage Deal

Employers and unions reached an agreement on minimum wage rises at a forum yesterday, Minister of Economic Development Márton Nagy...

Deals

Gov’t Signs Cooperation Deals With Haulage Companies

The Economic Development Ministry signed a cooperation agreement with hauler associations MKFE and NiT on Friday, according to a report...

Deals

Waberer’s Acquires 51% of Petrolsped

Waberer's International has signed an agreement to acquire a 51% stake in railway logistics company Petrolsped, the listed hauler said...

Deals

Gránit Bank Closes Acquisition of Controlling Stake in Diófa

Gránit Bank on Friday announced the close of its acquisition of a majority stake in fund manager Diofa, which has...

Deals

MOL Refinances EUR 750 mln Revolving Credit Facility

Hungarian oil and gas company MOL has refinanced a EUR 750 million multicurrency revolving credit facility signed in 2017, the...

Deals

Garantiqa Signs InvestEU Guarantee Agreement

State-owned guarantor Garantiqa signed an agreement with the European Commission on Monday on InvestEU guarantees worth up to EUR 274...

Deals

MOL, Miskolc Uni Sign 3-year Agreement

MOL and the University of Miskolc signed a three-year strategic cooperation agreement, according to hrportal.hu....

Deals

Hungary Signs Cooperation Agreement With ICBC

Economic Development Minister Márton Nagy signed a cooperation agreement with Industrial and Commercial Bank of China (ICBC) CEO Liao Lin...

Deals

Gov’t Privatizing Stake in MÁV Vagon

The government has decided to sell around 75% of MÁV Vagon, the rolling stock maintenance and manufacturing unit of the...

Deals

Waberer’s Acquiring 55% Stake in MD International

Listed Hungarian hauler Waberer's International on Friday announced its wholly-owned unit WSZL signed an agreement to acquire a 55% stake...

Deals

Roche, University of Pécs Sign Cooperation Deal

One of the world's largest biotechnology companies and Hungary's oldest university signed a cooperation agreement in Pécs on Wednesday. The...

Deals

State Selling Stake in Magyar Posta Life Insurance Units

State-owned Corvinus International Investment has launched the sale of its 66.9% stakes in the life and general insurance units of...

Deals

4iG Signs MoU With Telecom Egypt on Submarine Cable

Listed Hungarian ICT company 4iG signed a memorandum of understanding with Telecom Egypt on the construction of a high-capacity submarine...

Deals

EC Clears Acquisition of Dunaferr by Liberty Steel

The European Commission on Tuesday approved the acquisition of sole control of Hungarian steel maker ISD Dunaferr and blast furnace...

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...