Deals

Deals

Buffett sells entire PetroChina stake

Warren Buffett’s investment company Berkshire Hathaway has made a $3.5 billion profit though the sale of its shares in Chinese...

Deals

Buffett sells entire PetroChina stake

Warren Buffett’s investment company Berkshire Hathaway has made a $3.5 billion profit though the sale of its shares in Chinese...

Deals

Economic tensions rise as euro, oil prices surge to record

Finance ministers and central bankers from the world’s leading industrial nations are meeting in Washington Friday amid signs of renewed...

Deals

Economic tensions rise as euro, oil prices surge to record

Finance ministers and central bankers from the world’s leading industrial nations are meeting in Washington Friday amid signs of renewed...

Deals

EBay loses more than 936 mln USD in Q3 on Skype charges

Although the e-commerce juggernaut eBay has record revenue of $1.89 billion in the Q3, its net loss is more than...

Deals

EBay loses more than 936 mln USD in Q3 on Skype charges

Although the e-commerce juggernaut eBay has record revenue of $1.89 billion in the Q3, its net loss is more than...

Deals

Hungary: October deficit better than expected

In October, the budget deficit –counted without municipalities’ finances- will be Ft 31.9 billion, projected the Finance Ministry (PM)....

Deals

Hungary: October deficit better than expected

In October, the budget deficit –counted without municipalities’ finances- will be Ft 31.9 billion, projected the Finance Ministry (PM)....

Deals

Bawag likely to also sell stake in Hungary’s MKB bank in future

Austrian banking group Bawag P.S.K. AG is likely sell off its 10% stake in Hungary’s MKB Bank Nyrt, according to...

Deals

Bawag likely to also sell stake in Hungary’s MKB bank in future

Austrian banking group Bawag P.S.K. AG is likely sell off its 10% stake in Hungary’s MKB Bank Nyrt, according to...

Deals

OMV stands by MOL offer, MOL rebuffs

Austrian oil firm OMV told Reuters on Wednesday it stands firmly by its offer for Hungarian rival MOL and may...

Deals

OMV stands by MOL offer, MOL rebuffs

Austrian oil firm OMV told Reuters on Wednesday it stands firmly by its offer for Hungarian rival MOL and may...

Deals

Austrian BAWAG bank sells CEE subsidiaries

The owners of Austria’s BAWAG bank, US-based hedge funds Cerberus, is speeding up the bank’s consolidation process, reversing course in...

Deals

Austrian BAWAG bank sells CEE subsidiaries

The owners of Austria’s BAWAG bank, US-based hedge funds Cerberus, is speeding up the bank’s consolidation process, reversing course in...

Deals

New oil field discovered in Russia

Recently a new oil field has been discovered in the Yamalo-Nenets Autonomous Region, Northern Russia, says the press–release of Gazprom...

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...