Deals

Deals

Invitel appoints David Blunck as new CEO

David Blunck was appointed CEO of Hungarian telecommunications company Invitel yesterday, replacing David McGowan on the position, the company announced...

Deals

MOL: INA refinery reopening dependent on external environment

Until production at the Sisak refinery of Croatia's INA resumes, INA's Rijeka refinery is expected to take over production, the...

Deals

Three win Hungary’s MAVIR power line tender

Omexom Magyarország, EKS Service and MVM OVIT have won a power line tender called by transmission system operator MAVIR with...

Deals

Rural development state secretariat in Kecskemét

Hungary’s Prime Minister Viktor Orbán inaugurated the farm and rural development state secretariat of the Prime Minister's Office in Kecskemét...

Deals

Varga: New ÁKK CEO should tap new markets

Although the new CEO of Hungary's Government Debt Management Agency (ÁKK) has not yet been named, National Economy Minister Mihály...

Deals

MOL set to buy remaining TVK shares

Hungarian oil and gas company MOL made a voluntary public tender offer on petrochemical works TVK yesterday, the company announced...

Deals

Angel investor backs out of BTel bailout

Business Telecom (BTel) said late Friday that an angel investor who had promised to inject HUF 950 mln in the...

Deals

Analysts: 2014 deficit well under target

Analysts put Hungary's general government deficit, calculated according to European Union rules, at 2.4%-2.5% of GDP for last year, after...

Deals

Euro Benefit fined on charge of misleading clients

Hungary's Competition Office (GVH) fined Euro Benefit HUF 18 mln on a charge of providing customers with false information about...

Deals

Average salaries in BP are double those of eastern Hungary

Hungarians working in the capital city of Budapest earn more than their peers around the country, and almost twice as...

Deals

MNB sells stakes in MKB insurance units for €1 mln

The National Bank of Hungary (MNB) has sold stakes in the insurance units of MKB Bank to their majority owner...

Deals

State support for Audi suspended, HVG reports

The HUF 40 bln in support offered by the Hungarian state for the plant of German car manufacturer Audi located...

Deals

MOL in contact with potential INA buyers

Hungarian oil and gas company MOL has been in contact with potential buyers for the possible sale of the Hungarian...

Deals

OBB to supply MÁV with trains

Austrian OBB, the sole bidder in a tender to supply trains to Hungarian railway MÁV, is scheduled to deliver 55...

Deals

FDA approves cariprazine resubmission

The U.S. Food and Drug Administration (FDA) acknowledged the receipt of Actavis' new drug application resubmission for the antipsychotic cariprazine,...

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...