Deals

Deals

RZD, Deutsche Bahn AG establish logistics joint venture

Russian Railways (RZD) and Deutsche Bahn AG signed Thursday an agreement to establish and manage a joint venture in transportation...

Deals

China calls for currency fairness

China has called into question international efforts to tackle currency manipulation by saying poorer countries must be treated fairly....

Deals

IMF warns on growing risks in financial markets

IMF chief Rodrigo Rato yesterday warned that some investors are rushing with 'reckless disregard' into increasingly risky assets around the...

Deals

Israeli Nanette Real Estate raises NIS 214 million in debt placement

Housing developer Nanette Real Estate Group yesterday raised NIS 214 million ($52.8 million) through a private placement of debentures with...

Deals

Russia’s UES to sell stakes in OGK-4, TGK-1 in July

Russia's electricity monopoly Unified Energy System intends to sell majority stakes in wholesale generating company OGK-4 and territorial generating firm...

Deals

Russia, Germany, Poland, Belarus set up rail JV

Russian Railways, the country's rail monopoly, said Monday it had set up a joint venture with Germany, Poland and Belarus...

Deals

Alitalia says Aeroflot’s bid for controlling stake still on

Italy's ailing air carrier Alitalia has denied that Russia's flagship airline Aeroflot pulled out of its bid for a controlling...

Deals

EU threatens exclude Gazprom from Nord Stream project

Gazprom may be forced out of the Nord Stream gas pipeline project, said Neelie Kroes, the European Commissioner for Competition....

Deals

PM’s version of health insurance reform – Hungary

There is place for private funding in the healthcare sector; but the change has to be started by establishing regional...

Deals

Shell and Esso to market selected North Sea assets

Interests will include acreage, production licenses and associated infrastructure in Quadrants 210 and 211....

Deals

BMW office opens in Romania

BMW Group will open at the beginning of July its own office in Romania, managing imports, marketing, PR and post-sale...

Deals

Enel to acquire majority stake in Romanian distribution company

Italian utility Enel has said that it will pay €820 million ($1.33 billion) for a 67.5% stake in Romanian electricity...

Deals

London auction houses launch record Russian art sale

A series of auctions featuring imperial and avant-garde art from Russia kicked off in London this week with Sotheby's holding...

Deals

Serbia plans to sell oil monopoly, JAT this year

Serbia will put its NIS oil monopoly and JAT airline up for sale this year, and in the meantime will...

Deals

Rompetrol to start biofuel deliveries in Romania

Rompetrol Rafinare to start delivering Euro 4 grade diesel fuel with a 2% biodiesel content to its domestic market starting...

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...