Deals

Deals

OMV objects to MOL share buyback

Austrian oil company OMV repeated its call for Hungarian peer MOL to treat shares “parked” with friendly investors as treasury...

Deals

Hungary’s MOL buys stake in Pakistani block

Hungarian oil and gas group MOL said it had signed a deal with Pakistan's Mari Gas Company Limited to buy...

Deals

Hungary’s MOL buys stake in Pakistani block

Hungarian oil and gas group MOL said it had signed a deal with Pakistan's Mari Gas Company Limited to buy...

Deals

UBS considers Paine Webber sale in review

Beleaguered Swiss bank UBS is considering the sale of Paine Webber, the heart of its US wealth management business, according...

Deals

UBS considers Paine Webber sale in review

Beleaguered Swiss bank UBS is considering the sale of Paine Webber, the heart of its US wealth management business, according...

Deals

AEGON merges pension businesses

AEGON Hungary pension fund declared that the company has entered into an agreement to merge with UNIQA and public service...

Deals

AEGON merges pension businesses

AEGON Hungary pension fund declared that the company has entered into an agreement to merge with UNIQA and public service...

Deals

Central bank introduces new statistics regime

The Central Bank of Hungary (MNB) has started calculating balance of payment statistics on the basis of direct reports from...

Deals

Central bank introduces new statistics regime

The Central Bank of Hungary (MNB) has started calculating balance of payment statistics on the basis of direct reports from...

Deals

Ford probes option of selling Volvo to Renault

Ford Motor Co has had exploratory talks with French peer Renault SA to sell Volvo, but the talks ended quickly...

Deals

Ford probes option of selling Volvo to Renault

Ford Motor Co has had exploratory talks with French peer Renault SA to sell Volvo, but the talks ended quickly...

Deals

Polish insurer PZU to spend €3 bln to expand

Poland’s top insurer PZU plans to spend up to €3 billion ($4.7 billion) for expansion abroad that will focus on...

Deals

Polish insurer PZU to spend €3 bln to expand

Poland’s top insurer PZU plans to spend up to €3 billion ($4.7 billion) for expansion abroad that will focus on...

Deals

LUKoil faces delays in Venezuela, puts Cuba on hold

Russia’s No. 2 oil firm LUKoil has put plans to buy a refinery on Cuba on hold because it is...

Deals

LUKoil faces delays in Venezuela, puts Cuba on hold

Russia’s No. 2 oil firm LUKoil has put plans to buy a refinery on Cuba on hold because it is...

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...