Deals

Deals

Cordia raises HUF 37.6 bln from BGS bond sale

Hungarian property developer Cordia raised HUF 37.6 billion in proceeds from the sale of a corporate bond auctioned on Thursday,...

Deals

Kométa signs strategic agreement with gov’t

Italian-owned cold cuts producer Kométa 99 Zrt., based in Kaposvár (185 km southwest of Budapest), has signed a strategic cooperation...

Deals

Hungary to pay USD 45 mln F1 hosting fee in 2021

The state of Hungary will pay a USD 45,035,553 fee to host the 2021 Formula 1 Hungarian Grand Prix, state...

Deals

Volánbusz ownership transferred to MÁV

The ownership of state-owned bus company Volánbusz is being transferred on Wednesday to state-owned railway company MÁV to strengthen their...

Deals

Shares of Sundell Estate listed on Budapest bourse

The shares of real estate investment company SunDell Estate were listed onto the Budapest Stock Exchange on Monday, according to...

Deals

MVM and Rosatom establish joint venture

State-owned Hungarian Electricity Works (MVM) has formed a joint venture with Rusatom Service, a unit of Russiaʼs Rosatom, named European...

Deals

MVM agrees to acquire Innogyʼs Czech business

The state-owned Hungarian Electricity Works (MVM) has signed an agreement to acquire 100% of the Czech unit of German energy...

Deals

OrienTax, Szabó Kelemen & Partners adopt Andersen brand

Hungarian tax consulting company OrienTax Zrt. and Szabó Kelemen & Partners Attorneys will adopt the Andersen brand in Europe and...

Deals

Croatia’s Meritus, U.K.-based Concentric Technologies agree to set up JV

Croatian business process outsourcing services provider Meritus Ulaganja (M+ Group) said that its Meritus Upravljanje unit plans to establish a...

Deals

AutoWallis Group to acquire 40% stake in Iniciál Autóház

AutoWallis Group announced that it agreed to acquire a 40% stake in Iniciál Autóház Ltd., a company with 25 years...

Deals

GalCap Europe buys Rumbach Center for German Fund

GalCap Europe, a real estate asset and investment manager specializing in Austria and Central Europe, has acquired the Rumbach Center...

Deals

Cordia to book immediate profits of EUR 38.2 mln from Polnord takeover

Cordia International Zrt., has recently acquired 93% of Warsaw listed Polish residential developer Polnord S.A. through a combination of capital...

Deals

Scope affirms Cordia rating

Scope Ratings has affirmed the "BB" issuer rating, with stable outlook, of Hungarian property developer Cordia International, Cordia said in...

Deals

GKI forecasts 5.7% economic contraction in 2020

Economic research institute GKI projects Hungaryʼs economy will contract 5.7% this year, if there is no second wave of coronavirus...

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...