Deals

Deals

Oil firm MOL surprise acquisition of Croatian chain

Hungarian oil company MOL Nyrt has acquired Croatian gas retail chain Tifon, MOL announced yesterday....

Deals

Bear Stearns funds file for bankruptcy

Two Bear Stearns Cos. hedge funds involved in mortgage investments have filed for bankruptcy, court documents the US investment bank...

Deals

easyJet to Gdansk, Innsbruck and Bari

easyJet announce the opening of 11 new routes, including the addition of three new cities to its network – Gdansk,...

Deals

Hungary’s MOL signs agreement to buy Italian refining firm

Hungarian energy firm MOL on Tuesday said it had signed a deal to buy Italian refining and marketing company Italiana...

Deals

EU files monopoly charges against Intel

The European Commission said Friday that it has filed monopoly charges against Intel Corp., accusing the world's biggest computer chipmaker...

Deals

AXA and BNP takes 3rd place on the Ukrainian P&C insurance market

AXA and UkrSibbank, the Ukrainian banking subsidiary of BNP Paribas, announced today that they have reached an agreement to acquire...

Deals

Option announces H1 and Q2 results for 2007

Option N.V., the wireless technology company, today announced its results for the H1 of the year and the Q2 ended...

Deals

Dominican tycoons join to buy embattled Shell’s stake in refinery

The process to sell the Shell Company’s shares in the Dominican Petroleum Refinery (Refidomsa) advance with several proposals, which involve...

Deals

Bombardier receives €55 mln double-decker train order from Poland

Bombardier Transportation has received an order to supply 37 new generation double-deck coaches for the suburban rail network operated by...

Deals

$39 bln to flow into overseas market

More than 300 billion yuan ($39.5 billion) is ready to flow into the international market with China's insurance companies getting...

Deals

Germany’s Rehau: Czech expansion to supply automotive sector

Rehau has begun work on a €11 million ($15.1 million) investment to expand capacity at its plant at Moravska Trebova...

Deals

Hungary less appealing to foreign investors

Hungary ranked 11th on the list of European countries targeted by the most foreign capital investments, a slight drop compared...

Deals

Finnish Fortum fights Gazprom over TGK-1

The Finnish energy giant Fortum is ready to cash out €240 million ($329.6 million) for additional shares in the main...

Deals

Italy set to bail out bank after huge derivatives losses

Board members of the Italian bank Italease were in emergency session last night amid reports that the central bank may...

Deals

Mol bolsters defenses for fight with OMV

Hungarian oil and gas group, Mol Nyrt yesterday announced new share buy-backs that brought the level of company shares under...

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...