Deals

Deals

Sberbank lures investors in $10 bln Russian bank stock sale – extended

OAO Sberbank, Russia's biggest lender, is attracting investors to a $10 billion sale of shares that are almost 40% more...

Deals

EU to fine elevator makers at least €900 mln

European Union regulators plan to fine four of the world's biggest elevator makers at least €900 mln ($1.2 bln) for...

Deals

Exxon must bid for Sakhalin reserves in Russia as output peaks

Exxon Mobil Corp., the biggest oil company by market value, will have to bid for new oil and gas reserves...

Deals

Capital Group buys 5% stake in Hungarian drugmaker Egis

Capital Group Cos., a Los Angeles-based investment company whose units include American Funds, has bought a 5.05% stake in Egis...

Deals

Poland aims to sell 51% of newspaper distributor Ruch this year

The Polish government wants to sell a controlling stake in Ruch SA, the distributor of almost half the country's newspapers,...

Deals

Antibiotice Iasi 2006 net income rose 27% ahead of state sale – extended

Antibiotice Iasi SA, the state-owned Romanian drugmaker scheduled to be sold this year, said its 2006 profit rose 27%, without...

Deals

Insurance helps ING to 6.7% rise in 2006 profit

Dutch financial services group ING Groep NV posted a stronger-than-expected 6.7% rise in 2006 net profit on Thursday, as a...

Deals

Indesit profit rises 56% after relocating production

Indesit Co., the Italian maker of Hotpoint cookers and refrigerators, said fourth-quarter profit rose 56% after it introduced new products...

Deals

Cisco reclaims top spot in web-based phone-equipment

Cisco Systems Inc. recaptured the lead in the Internet-based phone-equipment market last quarter as Avaya Inc.'s share slipped to its...

Deals

Unified Energy seeks to require investors to upgrade generators

OAO Unified Energy System, Russia's national power monopoly, will require investors in generating companies to upgrade and expand capacity to...

Deals

Hungary fines Pannonplast executives over insider trading

Hungary's financial regulator fined executives at Pannonplast Nyrt, a Hungarian plastic packaging maker turned stock-market investor, because of insider trading...

Deals

Danubius Hotels says 2006 profit increased on currency effect

Danubius Hotels Nyrt, which operates spa hotels across Eastern Europe and has a hotel at Regent's Park in London, said...

Deals

Five bidders now eyeing Alitalia

Italy has shortlisted five bidders for the auction to buy Alitalia....

Deals

International Marketing profit rises, meets estimates

International Marketing & Sales Group Plc, said full-year profit rose by half, meeting analysts' estimates, after the marketing company completed...

Deals

Cinema City to open new movie theaters in three Romanian cities

Cinema City International NV, central Europe's largest multiplex cinema operator, will open new movie theaters in three Romanian cities as...

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...