Deals

Deals

Gov’t: Sale and utilization of state-owned assets revenue well planned

The HUF 169 bln revenue collected from the sale and utilization of state-owned assets would be realized in a "serious,...

Deals

GVH fines group purchase schemes

Hungary's Competition Office (GVH) fined group purchase scheme organizers Best Life Center, Life Organization Szolgáltató and General Future more than...

Deals

CIG Pannonia has deposits in Széchenyi Bank

The general insurance unit of CIG Pannonia Life Insurance has approximately HUF 170 mln in deposits at the troubled Széchenyi...

Deals

GVH: MET purchase of GDF Suez requires no scrunity

The Acquisition of the Hungarian retail electricity business of GDF Suez Energia Holding Hungary by energy trader MET Magyarország does...

Deals

UniCredit to stay in Hungary

Reacting to an analysis on the Austrian banking sector published by Fitch Ratings, Gianni Franco Papa, Deputy CEO of UniCredit...

Deals

Hungarian state to acquire GE’s Budapest Bank

The acquisition of the smallest of Hungary’s large banks by the Hungarian state requires nothing more than a stamp of...

Deals

Bánai: Defending negotiating position, state is vague on asset sales

A lack of detail on revenue targeted in next year's budget from the sale and utilisation of state assets is...

Deals

Croatian PM comments on INA dividend proposal

Croatian Prime Minister Zoran Milanovic said late Tuesday that he needs more time to study a proposal for the payment...

Deals

Competition office gives go-ahead to Agrofert purchase of IKR assets

The Hungarian competition office GVH said Tuesday it had approved the purchase of some of the regional centers and related...

Deals

Bourse fines BTel for HUF 3 mln

The Budapest Stock Exchange yesterday said it fined Business Telecom (BTel) HUF 3 mln in connection with infractions related to...

Deals

Forint eases on interbank market

The forint was trading at 306.59 the euro late Tuesday on the interbank forex market, down from 305.73 late Monday....

Deals

MOL to propose INA pay €260 mln extraordinary dividend

Hungarian oil and gas company MOL on Tuesday said it had requested an extraordinary general meeting of shareholders of Croatian...

Deals

Hungary rejoins Moscow-based international banking group

The Council of the International Investment Bank (IIB) supported the renewal of Hungary's membership in the bank at its November...

Deals

Debrecen airport operator, GYSEV plan freight-trains to major ports

Debrecen airport operator Xanga Group and Austrian-Hungarian railways GYSEV Cargo announced they will operate scheduled freight container trains from Debrecen...

Deals

Vrdoljak: Cooperation with gov’t acid test for potential INA investor

Croatia's Economy Minister Ivan Vrdoljak has welcomed interest in the purchase of Hungarian oil and gas company MOL's stake in...

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...