Deals

Deals

MOL CEO ready for talks with Croatian gov’t on INA

Chairman/CEO Zsolt Hernádi of Hungarian oil and gas company MOL on Thursday said in an interview with the website Merchantcantos.com...

Deals

MOL files for ICSID arbitration on INA dispute

Energy group MOL announced that it filed a request for arbitration with the International Centre for Settlement of Investment Disputes...

Deals

Aktuál Bau analysts expect fruitful 6-8 months

In announcing expected 18% growth to its net income in 2013, construction firm Aktuál Bau Kft also gave its analysts’...

Deals

Dunaferr announces laying off of 158 workers

Steelmaker ISA Dunaferr has initiated the process of laying off 158 workers at the company’s plant in Dunaújváros, company Human...

Deals

Working group to address capital-market abuses

The National Bank of Hungary (MNB), the Interior Ministry, the Chief Prosecutor, the National Police Headquarters and the National Tax...

Deals

Hilton West End hosts inaugural Audio & Vision Show

Attention techies and/or home entertainment junkies: The inaugural Audio & Vision Show will definitely require your attention this weekend. The...

Deals

Croatian government formally requests MOL statement on INA stake sale

The government of Croatia on Thursday officially asked Hungary-based oil-and-gas company MOL to state clearly whether the company intends to...

Deals

MNB reshuffles stake in newly acquired Hanwha Bank Magyarország

The National Bank of Hungary (MNB) has given go-ahead to Hungary-based evopro Finance to acquire an 80.26% stake in Hanwha...

Deals

Croatia PM: Talk of INA buyout “irresponsible and frivolous”

The drama of negotiations between the Croatian government and oil-and-gas company MOL over ownership of Croatia-based peer INA continues, with...

Deals

Croatia may consider alternatives to finance INA stake purchase

Croatia would like to buy back shares of oil and gas group INA from Hungary-based MOL, the country’s Economy Minister...

Deals

Low expectations for real estate development

Property development in Hungary has seen some difficult times lately. According to an article on hvg.hu in 2012, the collective...

Deals

Surplus cuts ten-month fiscal deficit to 84.5% of 2013 target

A HUF 61.4 billion surplus posted in October reduced Hungary's cash flow-based general government deficit, excluding local councils, to HUF...

Deals

MOL, Croatian government resume talks on INA

Representatives of Hungarian oil-and-gas company MOL and the Croatian government resumed negotiations over Croatia-based INA in Zagreb on Friday, Croatian...

Deals

StarKing rebrands before Hungarian, European expansion

Malta-based Hili Salomone Ltd yesterday launched its new brand name for its Hungary-based Apple premium reseller outlets: Heretofore, the previously-named...

Deals

Economy ministry seeks to create logistics services hub in Hungary

The government has approved a mid-term strategy for Hungary’s logistics sector that aims to turn the country into a hub...

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...