Deals

Deals

Mol ready to welcome allies but not OMV

Hungarian energy group Mol Nyrt is open to partnerships with bigger rivals, CEO Zsolt Hernádi said in an interview.....

Deals

Israeli Aura and partner in $262 mln Romanian project

The company is involved in residential projects in Eastern Europe and Kazakhstan with an estimated aggregate pretax profit of 380...

Deals

Why the market’s going nuts

Panic spreads: Mortgage problems infect Wall Street and stocks around the world....

Deals

KD invests €10 mln in mandatory pensions

Slovenian-based group KD, which is present in Romania with investment management, life insurance and brokerage companies, is preparing to enter...

Deals

Yen surges as carry trade unwinds

A dramatic surge in the Japanese yen over recent days has cut off a key source of liquidity for the...

Deals

American buys Yukos debt-laden foreign assets

Two last assets of the bankrupt oil giant Yukos went under the hammer on Wednesday, finishing the company’s long carve-up....

Deals

Allen & Overy top for international associate satisfaction

Allen & Overy has been ranked top firm for international associate satisfaction in American Lawyer magazine’s midlevel associate survey....

Deals

ING Lease to acquire Citileasing in Hungary

ING Lease, a subsidiary of ING Wholesale Banking and one of the top five international lease companies in Europe, announced...

Deals

Looking at stock, housing markets from a global perspective

Overheated and wildly fluctuating stock and real estate markets across the globe have become one of the largest risks threatening...

Deals

Little-known company buys Yukos overseas assets for $307 mln

A company earlier believed to be affiliated with Russian state-owned crude producer Rosneft bought overseas assets of bankrupt oil company...

Deals

Oppenheim purchases €132 mln worth of retail facilities in Poland

The property investment company Oppenheim has acquired a portfolio of three hypermarkets, in addition to a shopping gallery adjoining one...

Deals

Germany’s Rutronic opens subsidiary in Serbia

Electronic component distributor Rutronik has strengthened its Eastern Europe presence through a sales office in Serbia....

Deals

Darby closes €300 mln Central Europe Mezzanine Fund

Darby Overseas Investments, Ltd. (“Darby”), the private equity arm of Franklin Templeton Investments, announced that its Darby Converging Europe Mezzanine...

Deals

VimpelCom buys 100% of Irkutsk-based subsidiary of Tele2

VimpelCom has bought 100% of shares in Corporation Severnaya Korona, a mobile operator based in Siberia’s Irkutsk Region, from Sweden’s...

Deals

VSMPO-Avisma sets up Swiss subsidiary, Tirus International

Russia’s VSMPO-Avisma, the world’s largest titanium producer, has created a fully-owned distribution company in Switzerland, Tirus International SA....

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...