Deals

Deals

Juhász: Rogán named in real estate scam

MP Antal Rogán, the head of the Fidesz caucus, will be charged with involvement in "organized criminal activity" in connection...

Deals

Government releases remainder of frozen 2014 budget expenditure

The government withdrew on Friday the freeze of budget expenditure it adopted in July, a government resolution published in the...

Deals

MOL successfully closes second North Sea acquisition

Hungarian oil and gas company MOL has successfully closed the previously announced deal with Premier Oil UK Limited regarding acquisition...

Deals

Europa Brókerház activities suspended

Hungary’s central bank suspended the activities of Europa Brókerház until its ownership problems are cleared up, rejected a request to...

Deals

Lázár to involve international help for Paks

Hungary is planning to bring together an international panel of experts to consult on the upgrade of the Paks nuclear...

Deals

KSH: Gross wages up 3.3%

The average gross wage in Hungary rose by 3.3% to HUF 237,539 in October from the same month a year...

Deals

Erste Bank Hungary to raise capital at home savings bank

Erste Bank Hungary will raise the registered capital of its home savings bank Erste Lakástakarékpénztár by HUF 500 mln, the...

Deals

Deals of the year for 2014

THE FOLLOWING IS FROM THE DEC. 12-JAN. 15 PRINT EDITION:...

Deals

SPAR suspends investments in Hungary due to new legislation

A recent tax law has hit foreign supermarket and hypermarket chains in Hungary the hardest including Austrian-owned SPAR, and is...

Deals

State’s MFB buys gas firm stakes from state entities

The Hungarian government apparently moved further on plans to establish a state-owned public utility company yesterday, when Parliament approved measures...

Deals

Laws to cut private pensions, control city debt

Parliament yesterday adopted legislation, based on the 2015 budget act, to set new conditions on pension funds and restrict municipally-owned...

Deals

Hungary c/a surplus reaches €232 mln in Oct

Hungary's current-account surplus reached €231.6 mln in October, down from €865.5 mln in September and €263.7 mln in August, data...

Deals

MOL makes progress in legal dispute with INA

The International Centre for Settlement of Investment Disputes (ICSID), in Washington, DC, made a preliminary ruling in favor of Hungarian...

Deals

Gasoline sales rise on falling prices

Sales of gasoline and diesel increased year-on-year due to falling prices in Hungary from January-November, Hungarian business daily Vilaggázdaság reported...

Deals

MNB: Measures against Széchenyi Bank were in clients’ best interest

The National Bank Of Hungary's (MNB) imposed limits on client account transactions initiated on December 4 against Széchenyi Bank were...

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...