Deals

Deals

Emerging markets boost for Coca-Cola brands

Emerging markets in Europe and Asia continue to boost the global profitability of Coca-Cola’s brands as two of its regional...

Deals

Rosneft buys YUKOS brand name

Rosneft bought Lot No. 18 of YUKOS assets at an auction yesterday for 18.58 billion rubles ($ 725 million), 0.5%...

Deals

18 bln barrels of oil discovered at Iraq’s West Qurna

Iraqi Oil Minister Hussain al-Shahristani reported Thursday that reserves at the West Qurna-2 oil field are now 24 billion barrels,...

Deals

In Hungary, an energy battle with Russian overtones

Two Central European energy companies are locked in a bitter battle for dominance in the region after OMV of Austria...

Deals

Gazprom aims for a slice of E.ON’s British power plants

Gazprom, the Kremlin-backed Russian gas group, is negotiating a deal under which it could take a stake in up to...

Deals

Sweden’s East Capital invests over $250 mln in Romania

Investment funds managed by Sweden’s East Capital company reached a portfolio of approximately $250 million (€181 million) on the domestic...

Deals

Russia oil firms will get no privileges in Iraq

Iraq’s oil minister said on arriving in Moscow Wednesday that Russian crude producers will have to compete on equal terms...

Deals

OMV prefers “friendly combination”

Austrian oil company OMV aims to establish amicable business relations with Hungarian peer MOL, in order to “combine” the two...

Deals

EU gives green light to Barclays’ bid for ABN Amro

The European Union (EU) gave the green light on Monday to the proposed acquisition by British banking giant Barclays of...

Deals

E.C. clears E.ON to buy Endesa, Enel assets

The European Commission Monday cleared German energy company E.ON AG to buy Endesa Europa SL, a subsidiary of Spanish power...

Deals

GE Money signs European deal with Ryanair

GE Money, the global consumer lending unit of GE and Ryanair announced that they have signed a deal which will...

Deals

Private equity firm takes over Chrysler

The private equity firm Cerberus Capital Management Friday took control of Chrysler, returning the automaker to US ownership....

Deals

Canadian Magna outlines Russian venture

Magna International Inc. chairman Frank Stronach rejected several privatization proposals put to him last year before hooking up with controversial...

Deals

Mutual investors couldn’t wait – Russia

Instability on world stock markets and poor results on the Russian stock market dampened private investors’ interest in mutual funds....

Deals

Morgan Stanley faces fine, says report

US securities regulators plan to penalize Morgan Stanley $6.1 million for allegedly overcharging customers on $59 million in bond sales,...

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...