Deals

Deals

NAV raids warehouse of Facebook advertiser

Hungary’s Tax and Customs Authority (NAV) raided the warehouse of an individual who was advertising goods for sale through international...

Deals

Toolstyle to invest HUF 600 mln in Miskolc plant

Hungarian engineering company Toolstyle is spending HUF 600 mln, partly from monies won in a tender, on a new production...

Deals

Hungary expects state debt to fall to 76.9%

According to today’s prediction by the National Economy Ministry, Hungary’s state debt as a percentage of GDP is likely to...

Deals

OTP Bank to buy Slovenian peer

Hungary's OTP Bank offered €300 mln in a non-binding bid for Slovenian state-owned bank Nova KBM in July, Reuters said...

Deals

MOL urges consolidation of INA refinery capacity

Ferenc Horváth, head of the downstream business at Hungarian oil and gas company MOL, urged the consolidation of refinery capacity...

Deals

INA board to discuss refineries in early Oct

The board of Croatian oil and gas company INA, a unit of Hungary's MOL, could discuss its refining business at...

Deals

Ringier Axel Springer Media buys jobs portal

Hungary's Central Médiacsoport on Friday said it is selling its jobs portal Profession.hu to Ringier Axel Springer Media....

Deals

Forint trips on interbank market

The forint was trading at 311.19 to the euro late Thursday on the interbank forex market, down from 310.03 late...

Deals

Alliance Jura-Hongrie invests in health group

Budapest-based venture capital fund manager Alliance Jura-Hongrie has invested HUF 420 mln in Hungarian health industry group MEDinnovest, investment director...

Deals

MNB rules Norbi’s IPO can continue

The National Bank of Hungary (MNB) said today that it approved a supplement to the prospectus of Norbi Update Lowcarb....

Deals

Economist: Exploration and production drive INA revenues

Exploration and production are the main revenue drivers for INA, and investments must be channeled into to most lucrative businesses,...

Deals

BUX up on buying into losses

The Budapest Stock Exchange's main BUX index finished up 0.60% at 18,522.77 Monday, after diving 1.80% Friday. It is down...

Deals

CIB and SMEs: Awareness, perseverance, trust

The following is an interview with Róbert Szerdahelyi, CIB’s SME Regional Director, who explains what his bank is doing to...

Deals

Croatia determined to save INA

The Croatian government will try to protect INA, a subsidiary of Hungary's MOL oil company, Croatia's economy minister Ivan Vrdoljak...

Deals

State to buy Bombardier’s stake in JV with MÁV

The Hungarian National Asset Management Company (MNV) has signed an agreement to buy out a foreign-owned stake in Bombardier Transportation...

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...