Deals

Deals

Hiventures sells 27% stake in Webshippy

Hiventures, the venture capital fund manager of the state-owned Hungarian Development Bank (MFB), has sold its 27% stake in Hungarian...

Deals

Hungary seals deal to acquire Russian COVID-19 vaccine

Hungary has signed a contract to acquire Russia's Sputnik V COVID-19 vaccine, Minister of Foreign Affairs and Trade Péter Szijjártó...

Deals

Thyssenkrupp to set up HUF 2.2 bln development base in Veszprém

Germany's thyssenkrupp will set up a HUF 2.2 billion engineering development base in Veszprém (about 122 km west of Budapest),...

Deals

Poland’s Prime Label to acquire Slovenian printing house LabelProfi

Poland's Prime Label Group, owned by Central and Eastern Europe-focused private equity firm Innova Capital, signed an agreement to acquire...

Deals

IIB places EUR 30 mln bond

The Budapest-based International Investment Bank (IIB) has announced the placement of a EUR 30 million bond with a German insurance...

Deals

GE Healthcare plans HUF 3.3 bln expansion at digital development centers in Hungary

GE Healthcare will invest HUF 3.3 billion to expand its digital development centers in the capital and in Szeged (162...

Deals

Norm Benzinkút seals deal to acquire MOL motorway gas stations

Hungary's Norm Benzinkút, which owns the Lukoil petrol stations in Hungary and Slovakia, has reached an agreement to acquire a...

Deals

Hungaroring track booked for close to 200 days in 2021

The Hungaroring race track, on the outskirts of Budapest, is booked for close to 200 days this year, the CEO...

Deals

Indotek boosts stake in Waberer’s, transfers call options

Trevelin Holding, a unit of Hungarian property developer Indotek, has exercised a call option for 6.99% of the shares of...

Deals

DLA Piper acted as central legal advisor on the creation of Magyar Bankholding

DLA Piper acted as the central legal advisor to the key owners of the Budapest Bank Group, MKB Bank Group,...

Deals

Turkish firm buys stake in Romanian form-building startup

Turkish venture capital firm 212 will buy a stake in Romanian online form-building software startup 123 Form Builder, for an...

Deals

Cordia announces public tender offer for all remaining Polnord shares

Residential developer Cordia International Zrt., the 92.92% shareholder of Polnord SA, has announced a public tender offer to acquire the...

Deals

State to acquire controlling stake in Debrecen intʼl airport

The state of Hungary will acquire a 51% stake in Debrecen International Airport "in the interest of supporting state economic...

Deals

Vienna Insurance Group acquires Aegon Eastern Europe businesses

Vienna Insurance Group (VIG) on Sunday said it agreed to acquire the businesses of Dutch peer Aegon in Hungary, Poland,...

Deals

GVH approves AutoWallis’s acquisition of majority ownership in Iniciál

The Hungarian Competition Authority (GVH) has approved the majority ownership of AutoWallis in Iniciál Autóház Kft., a significant company 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...