Deals

Deals

Budapest less appealing to businesses

Budapest ranks 23rd on Cushman & Wakefield’s European Cities Monitor (ECM), down from 22nd last year....

Deals

Gazprom puts a chill into UES share sales

State utility Unified Energy System is feeling a chill in the air that has nothing to do with the onset...

Deals

Frutarom acquires Gewurzmuller, a company specializing in unique savory flavors

Frutarom Industries Ltd. announced today that it has signed an agreement to acquire 100% of the share capital of the...

Deals

US budget deficit declines to lowest level in five years

The US federal budget deficit declined to $162.8 billion in the fiscal year ending Sept. 30, the lowest level in...

Deals

Romania will leave Hungary behind this decade – TriGranit chief

Hungary’s real estate developer giant TriGránit has inaugurated Polus Center Cluj, a shopping mall build from over €300 million in...

Deals

Budapest sells 3 further assets

After selling a 9.92% stake in the Kempinski Hotel, Budapest Municipality now has only three major portfolio assets sales left...

Deals

Palm oil giant Wilmar to expand into Russia

Palm oil giant Wilmar International has teamed up with two partners to expand into the robust edible oils industry in...

Deals

Mexican oil company Pemex signs technical pact with US Chevron

Mexico’s state oil company Pemex said Tuesday it had signed an agreement with US oil company Chevron on technical and...

Deals

Gateway eyes Packard Bell

Gateway Inc yesterday announced plans to acquire European PC vendor Packard Bell BV, a move funded by Taiwan’s Acer Inc...

Deals

GM to make 250,000 Chevrolets per year in Uzbekistan

US auto giant General Motors and Korean-Uzbek car manufacturer UzDaewooAvto have set up a joint venture to produce up to...

Deals

New health funds from 2009

The Health Ministry published a forty page document detailing specific details of the healthcare financing reform....

Deals

Vodafone agrees to buy Tele2 units for €775mln

Vodafone Group Plc., the world’s biggest mobile-phone company, agreed to buy Tele2 AB’s Italian and Spanish units for €775 million...

Deals

Enterprises to pump funding into Hungary

The region’s biggest venture capital and private equity investment group, Enterprises Investors, plans to spend €50 million-€75 million ($70 million-$106...

Deals

EU opens antitrust investigation into IBM takeover bid

The European Union’s competition regulator has opened an in-depth antitrust investigation into IBM’s takeover bid for Swedish software company Telelogic....

Deals

DaimlerChrysler ends corporate marriage with name change

DaimlerChrysler AG’s shareholders are expected to formally sign off Thursday on the end of car giant’s merger with the US...

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...