Deals

Deals

Lord Black fraud trial to begin

The trial of media tycoon Lord Conrad Black is due to get under way at a US federal court in...

Deals

Eurasia Gold, like GV Gold, delays London share sale

Eurasia Gold Inc., a Kazakh-based company in which billionaire Viktor Vekselberg has a stake, became the second miner from the...

Deals

Pay to „race ahead” in Asia and Eastern Europe

The pay gap between professional staff and managers employed in emerging Asian and Eastern European economies and those working in...

Deals

Moody’s „volte face” on bank ratings fuels derision – extended

Banks led by Royal Bank of Scotland Group Plc and Dresdner Kleinwort derided Moody's Investors Service for raising Iceland's three...

Deals

Lehman Brothers buys €175 mln of 2.5% Orco bonds

Lehman Brothers Holdings Inc., the fourth-largest US securities company, bought €175 million ($230 million) of Orco Property Group SA bonds...

Deals

European fund assets rose 15% in 2006 on inflows, market gains

Europe’s mutual fund assets rose 15% last year as investors added money and markets gained, according to a trade group....

Deals

Exxon sees capital spending rising to $21 bln

Exxon Mobil Corp., the world's biggest oil company, plans to spend almost $21 billion exploring for oil and expanding refineries...

Deals

Hungary’s fiscal deficit preliminary Ft 34 bln down on forecast

Hungary's preliminary fiscal deficit was Ft 216.9 bln (€0.85 bln) in February after Ft 196.1 bln in January, the Finance...

Deals

US, EU will accept global financial reporting rules

US and European regulators pledged by 2009 to recognize each other's rules for how companies report financial data, a move...

Deals

Citigroup offers $10.8 bln to buy Nikko Cordial

Citigroup Inc. offered ¥1.25 trillion ($10.8 bln) to buy its investment-banking partner Nikko Cordial Corp., the company's biggest takeover bid...

Deals

Inter-Europa Bank to retain all 2006 profits

Sanpaolo IMI Internazionale S.p.A. as the main owner of Hungary's Inter-Europa Bank asked the bank's board to propose shareholders to...

Deals

Bahrain’s International Bank sells $409 mln London block

International Investment Bank, a closely held bank in Bahrain, sold an office block in London's Belgravia for $409 million (€310.9...

Deals

Unified Energy board backs plan to break up utility

OAO Unified Energy System, Russia's national power utility, said its board of directors yesterday approved a plan to break up...

Deals

Yukos’s Gazprom Neft stake, gas assets go to auction

Russia will auction off OAO Yukos Oil Co.'s natural-gas assets, including a stake in OAO Gazprom's oil arm, in a...

Deals

Slovenia sells 55.35% of Steelmaker to Koks of Russia

The Slovenian government sold a majority stake in steelmaker Slovenska Industrija Jekla for €105 mln ($138 mln) to ZAO Koks...

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...