Deals

Deals

VCP says takeover Hungary’s FHB not on the agenda

Austria's Vienna Capital Partners (VCP) has no plan to take over Hungarian mortgage bank FHB in which it already has...

Deals

VCP says takeover Hungary’s FHB not on the agenda

Austria's Vienna Capital Partners (VCP) has no plan to take over Hungarian mortgage bank FHB in which it already has...

Deals

Office Depot profit falls sharply, expenses climb

Office Depot Inc, the second-largest US office supplies retailer, posted a sharply lower quarterly profit on Tuesday, hurt by higher...

Deals

Office Depot profit falls sharply, expenses climb

Office Depot Inc, the second-largest US office supplies retailer, posted a sharply lower quarterly profit on Tuesday, hurt by higher...

Deals

Swiss bank EFG sets new goals on profit leaps

Switzerland's EFG aims to triple profit by 2010 after posting a leap in 2007 results, saying it expected to buy...

Deals

Swiss bank EFG sets new goals on profit leaps

Switzerland's EFG aims to triple profit by 2010 after posting a leap in 2007 results, saying it expected to buy...

Deals

Siemens to cut 7,000 jobs

Germany's Siemens plans to cut 7,000 jobs of the workforce of its corporate telecoms unit, which it has been trying...

Deals

Siemens to cut 7,000 jobs

Germany's Siemens plans to cut 7,000 jobs of the workforce of its corporate telecoms unit, which it has been trying...

Deals

EU to propose common approach to sovereign funds

The European Commission will use Norway as a benchmark for a voluntary European Union code to deal with state-owned sovereign...

Deals

EU to propose common approach to sovereign funds

The European Commission will use Norway as a benchmark for a voluntary European Union code to deal with state-owned sovereign...

Deals

Dresdner Bank ready to join Ambac rescue

Dresdner Bank, part of insurer Allianz, intends to support a rescue package for US bond insurer Ambac Financial Group Inc,...

Deals

Dresdner Bank ready to join Ambac rescue

Dresdner Bank, part of insurer Allianz, intends to support a rescue package for US bond insurer Ambac Financial Group Inc,...

Deals

Nokia ’07 greater China exports $9.2 bln, up 30%

Nokia, the world’s top mobile phone maker, exported €6.2 billion ($9.18 billion) worth of phones and equipment from the greater...

Deals

Nokia ’07 greater China exports $9.2 bln, up 30%

Nokia, the world’s top mobile phone maker, exported €6.2 billion ($9.18 billion) worth of phones and equipment from the greater...

Deals

Tycoon to use funds to set up new lender in Poland

French billionaire Romain Zaleski’s Carlo Tassara International SA plans to use the €1.17 billion ($1.7 billion) it raised from the...

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...