Deals

Deals

Retail rental: Hong Kong costliest, Budapest “bottomed out”

US-based real estate services provider/investement firm CBRE Group released a report yesterday on international retail rental rates, showing Hong Kong...

Deals

PSzÁF: 74% of foreclosed property for sale in Q3

Hungarian financial market supervisory body PSzÁF reported yesterday that just under 3,900 foreclosed residential properties will be put on the...

Deals

Raiffeisen results tomorrow; Hungary cited for expected losses

Results for the first half of 2013 are expected from Raiffeisen Bank International (RBI) tomorrow, but several analysts are already...

Deals

Formula 1 to run in Hungary through 2020

The world’s most popular motor-vehicle sport returns with the annual Hungarian Grand Prix running at Hungaroring in Mogyoród on Sunday,...

Deals

On the Path of Ancestors – and business deals

The “On the Path of the Ancestors” rally includes former ambassador to Kazakhstan and current vice-president of the Kazakhstan-Hungary Business...

Deals

Csányi responds to rumors, warns of distrust of Hungary

OTP Bank CEO Sándor Csányi responded to a wave of rumors regarding the state of his health and possible dissatisfaction...

Deals

Csányi’s OTP selloff: Rumors fly, rift with Orbán theorized

The plot thickens in the Sándor Csányi story, as a Reuters piece making the international rounds describes the OTP CEO...

Deals

Forbes Hungary set for November launch

Big news for the Hungarian media sphere this week as Forbes Media has announced its entry into the country’s market...

Deals

Report: Hungarian economy may have turned the corner

The worst is probably behind for Hungary’s economy and recent data has shown marked improvement in terms of economic activity,...

Deals

INA workers protest MOL proposals with windshield-cleaning, gum-selling

Members of the INAŠ workers union took the streets of five cities in Croatia yesterday in an odd form of...

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...