Deals

Deals

ThyssenKrupp buy majority stake in Slovakien steel trader

Düsseldorf-based ThyssenKrupp Services AG is branching out further into C&E Europe by acquiring 80% stake in the Slovakian company Ferostav...

Deals

Enel sanctioned to take WGC-5 in part and in whole

Russia’s Federal Antimonopoly Service (FAS) has sanctioned Italian Enel SpA to buy out 70% in Wholesale Generation Co.-5 (WGC-5). Given...

Deals

Eni forced to cease exploitation of Kazakh oil fields

Kazakhstan closed the country’s oil fields to production by the Italian energy firm Eni S.p.A. due to a breach of...

Deals

Gulf region petro-dollars flow into Africa

Aided by growing trade links, the oil-rich Gulf region has begun parking its petro-dollar investments next door in Africa, which...

Deals

Russia aims to sell India 40 fighters to India in Sept

Russia hopes to sign a contract next month to sell India 40 Sukhoi fighters, the president of the Irkut warplane...

Deals

Russia’s anti-monopoly body allows Italy’s Enel to buy OGK-5

Russia’s Federal Anti-Monopoly Service (FAS) has given Italian power company Enel SpA authorization to acquire over 70% in the wholesale...

Deals

Jaguar/Land Rover sale on track, as Ford mulls adding Volvo

The emergence of at least two US-based bidders has turned the sale of the UK-based units from possibility to probability,...

Deals

British Airways fined $300 million for price-fixing conspiracy

British Airways PLC was fined $300 million on Thursday after it pleaded guilty to a price- fixing conspiracy on international...

Deals

Carlyle creates group to invest in Central, Eastern Europe

Washington-based Carlyle, a private-equity giant with more than $71 billion under management, said the new team will be headed by...

Deals

Sharp announces ultra-thin 52-inch TV, Russian subsidiary

Japanese electronics giant Sharp presented the prototype of an ultra-thin flat-screen television measuring just two centimeters thick to reporters in...

Deals

Big jump in shopping mall construction in Bulgaria

There is a total of 201,000 square meters of shopping mall GLA (Gross Leasable Area) under construction in Bulgaria, according...

Deals

OMV steps up pursuit of MOL

The two largest Central European energy companies are headed for a clash after the chief executive of one, OMV of...

Deals

Belgium’s WDP to invest €150 mln in logistic projects

Real estate investment company, Warehouses De Pauw is launching its activities in Romania by purchasing 5 sites, with a total...

Deals

FIAT to plough up all Russia

FIAT-controlled Case New Holland has declared the intention to set up tractor production facilities in Russia. It is the third...

Deals

Foxconn to invest over $50 million in St. Petersburg electronics plant

Foxconn Electronics, the world’s largest provider of electronics manufacturing services (EMS), based in Taiwan, is planning to invest at least...

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...