Deals

Deals

Europe’s west still best at attracting inward investment

Fears of investment being diverted from a high-cost EU into Eastern Europe and India are challenged by a new study...

Deals

ARQUES Austria takes over internationally operating Rohé Group

ARQUES Austria, the Austrian subsidiary of the Starnberg-based equity investment company, ARQUES Industries AG, has taken over all shares in...

Deals

UNIQA takes over Romanian Astra insurance

The Austrian insurance group UNIQA has taken over the Romanian insurer Astra S.A., UNIQA said in a press release on...

Deals

Russian pipeline operator Transneft fined by regulator

Russia's industrial safety regulator will fine pipeline monopoly Transneft after finding 15 violations in the company's East Siberian oil pipeline...

Deals

US SEC launches investigation against financial products – extended

The US Securities and Exchange Commission has opened about a dozen investigations involving complex bundled financial products, The Wall Street...

Deals

Current account deficit remains solid – Hungary

The current account balance deficit in Q1 2007 is estimated at €1.2 billion ($1.6 billion) on average by market analysts...

Deals

Hungary hoping to thwart takeover plans of MOL oil company by Austria’s OMV

Hungary is hoping to block Austrian energy company OMV AG from taking over Hungarian oil and gas producer MOL Nyrt,...

Deals

GE Real Estate and Helios Phoenix create €175mln Romanian warehouse development joint venture

GE Real Estate Central & Eastern Europe and Helios Phoenix have announced the creation of a joint venture to undertake...

Deals

Day of records at Hungarian bourse – extended

Budapest Stock Exchange (BÉT) rose by 836.9 points to a historical record of 29.441 points yesterday. Over 90% of the...

Deals

Rosneft to buy former Yukos filling stations for $630 mln

Russia's state-controlled oil giant Rosneft said Tuesday its subsidiary Neft-Aktiv would purchase a network of filling stations owned until recently...

Deals

St. Petersburg opens up for TriGranit

Sándor Demján, Chairman of Trigranit Development Corporation and Matvienko Valentina Ivanovna; the Governor of St. Petersburg together signed an agreement...

Deals

Austria’s OMV raises stake in Hungary’s Mol to 18.6%

OMV AG, the leading Central European oil and gas group, has purchased several blocks of MOL shares, which, as understood...

Deals

Pécs to sell airport – Hungary

The municipality of Pécs is in talks with three strategic investors about selling or leasing its international airport, city mayor...

Deals

Torex Retail taken over by Cerberus Investments

Cerberus European Investments LLC announced the purchase of all of the businesses and trading subsidiaries of Torex Retail, through Torex...

Deals

GTC invests €130 million in a 1.300 apartment complex in Romania

Real estate developer Globe Trade Center Romania (GTC), with Israeli capital, will build 1,300 apartments in a residential complex close...

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...