Deals

Deals

GE and Helios strike €175 mln deal in Romania

GE Real Estate Central & Eastern Europe and Helios Phoenix have created a JV to undertake €175 million ($238 million,...

Deals

EBRD takes equity stake in KazInvestBank

The EBRD is taking an equity stake of up to 25% in KazInvestBank, valued at up to 2.5 billion Tenge...

Deals

Nestle wins EU conditional approval to buy Novartis nutrition business

The world's biggest food and beverage company Nestle won conditional approval from the European Union on Friday to buy the...

Deals

Mol to sell stake in INA

Hungary's oil and gas giant Mol may sell its shares in INA, a Croatian oil-firm, to stop further acquisitions by...

Deals

Poland ranked second only to China for production investment

Poland ranked second only to global Goliath China in 2006 in terms of attracting foreign direct investments in production and...

Deals

New office for LEWIS opens up in Budapest

Global agency, LEWIS PR, expands with openings in Budapest, Barcelona, Brussels and Frankfurt....

Deals

Kraft makes € 5.3 bln offer for Danone Biscuit operation

It does not include Groupe DANONE’s stakes in Biscuits businesses in Latin America (Bagley) or India (Britannia), and could lead...

Deals

MOL rumors fuel bourse trading in Budapest

Approximately 70% of yesterday's Ft 53 billion ($292.7 million) trading volume at the Budapest Stock Exchange involved the shares of...

Deals

Fitch upgrades Rosneft to BBB-, outlook positive

Fitch Ratings upgraded Monday Russia's state-controlled oil company Rosneft's long-term foreign and local currency ratings from BB+ to BBB-, with...

Deals

Microsoft to introduce test versions of free services

Microsoft will introduce test versions of two new free services: Windows Live Folders and Windows Live Photo Gallery, media reported...

Deals

Lukoil plans spinning off low-margin assets into new company

Russian oil major Lukoil plans to spin off its low-margin assets into a separate company, Lukoil President Vagit Alekperov informed...

Deals

OMV seeks €13.5 bln credit from JP Morgan, Barclays for MOL purchase

OMV AG is in talks with JP Morgan and Barclays on arranging a credit line of €13.5 billion, enough for...

Deals

New World Bank head to help bank’s reputation – Russian official

Robert Zoellick, the World Bank's new president who assumed office July 1, will help normalize the bank's work after a...

Deals

Rosneft wants to catch up with world’s mayor energy companies

State-controlled Russian oil extraction company Rosneft intends to catch up with the world's mayor energy companies within the next few...

Deals

Deutsche Bahn ‘sniffing around’ Hungary’s MÁV Cargo – extended

The acquisition of the UK's largest rail freight operator and purchase of a stake in a Spanish logistics company have...

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...