Deals

Deals

TriGránit takes over operation of Romania properties from Immoeast

Hungary’s TriGránit, one of the biggest construction companies in the region, has agreed to take over the operation of three...

Deals

Analysts say TNK-BP dispute could end in sale to Gazprom

The ongoing dispute between Russian and British shareholders of oil company TNK-BP could lead to the company being bought up...

Deals

Analysts say TNK-BP dispute could end in sale to Gazprom

The ongoing dispute between Russian and British shareholders of oil company TNK-BP could lead to the company being bought up...

Deals

GYSEV AGM decides to launch Ft 47.5 bln development project

Shareholders of jointly Hungarian and Austrian state-owned railway company GYSEV decided at the company’s Tuesday AGM to launch a Ft...

Deals

GYSEV AGM decides to launch Ft 47.5 bln development project

Shareholders of jointly Hungarian and Austrian state-owned railway company GYSEV decided at the company’s Tuesday AGM to launch a Ft...

Deals

Morgan Stanley says sells Russian mortgage business

The Russian subsidiary of Morgan Stanley said on Monday it plans to sell its mortgage lending unit....

Deals

Morgan Stanley says sells Russian mortgage business

The Russian subsidiary of Morgan Stanley said on Monday it plans to sell its mortgage lending unit....

Deals

Airbus to announce additional cost cutting measures

Airbus, a subsidiary of the European Space and Defense Co. (EADS), is planning to announce “additional cost cutting measures within...

Deals

Airbus to announce additional cost cutting measures

Airbus, a subsidiary of the European Space and Defense Co. (EADS), is planning to announce “additional cost cutting measures within...

Deals

Fiat in cooperation talks with Chrysler: report

Italian carmaker Fiat has held talks with US rival Chrysler in recent weeks over various forms of cooperation, Alfa Romeo...

Deals

Fiat in cooperation talks with Chrysler: report

Italian carmaker Fiat has held talks with US rival Chrysler in recent weeks over various forms of cooperation, Alfa Romeo...

Deals

Gov’t report shows Hungary becomes major destination of drug smuggling

Hungary is not only a transit point for drug smuggling, but also a destination with a substantial market, mostly for...

Deals

Gov’t report shows Hungary becomes major destination of drug smuggling

Hungary is not only a transit point for drug smuggling, but also a destination with a substantial market, mostly for...

Deals

Olympic Games to have “lasting” impact on Beijing

The impact of the Olympic Games on Beijing's real estate market will be lasting and positive as infrastructure expansion creates...

Deals

Olympic Games to have “lasting” impact on Beijing

The impact of the Olympic Games on Beijing's real estate market will be lasting and positive as infrastructure expansion creates...

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...