Deals

Deals

Siemens boss rules out resigning

Siemens CEO Klaus Kleinfeld has ruled out resigning over a corruption probe at the German company....

Deals

Siemens, 15 others get record fine by Czech regulator

Siemens AG, Europe's biggest engineering company, and 15 other makers of electricity network equipment were fined a record 979 mln...

Deals

Bridgepoint hires advent’s Tan for Central European expansion

Bridgepoint Capital Ltd., manager of a €2.5 bln ($3.3 bln) European buyout fund, hired Advent International's Poland chief Khai Tan...

Deals

Romanian 2006 trade deficit widens as leu gains boost imports

Romania's trade deficit widened last year as the leu strengthened against almost all other world currencies, making imports cheaper, and...

Deals

Kazakh property firm Chagala seeks $120 mln in London IPO

Chagala Group Ltd., a Kazakhstan property company, is seeking to raise as much as $120 million in an initial public...

Deals

Coloplast net falls 13% on costs from mentor purchase

Coloplast A/S, Europe's largest maker of colostomy products, said Q1 profit fell 13% on costs related to the purchase of...

Deals

Croatia calls new tender for steelmaker as investor backs out

Croatia will invite new bids for its unprofitable steelmaker, Zeljezara Split d.d., after a Ukrainian investor the government chose for...

Deals

Orco plans share sale, listing in Warsaw, Budapest

Orco Property Group SA, a real-estate developer mainly operating in eastern Europe, said it plans to sell new shares and...

Deals

GE Money and Al-Futtaim Group joint ventura in UAE

GE Money, the global consumer-lending unit of General Electric Company and Al-Futtaim Group, the leading UAE business conglomerate, today signed...

Deals

Hungarian competition regulator starts banking market probe

Hungary's Competition Office said it started an investigation of the country's banking market to determine whether lenders make it too...

Deals

Croatian asset-sales agency sells stakes in nine companies

Croatia's asset-sales agency sold minority stakes in nine companies, including seed manufacturer BC Institut d.d. Zagreb and meat producer Puris...

Deals

Sitronics raises $402 mln in initial share sale

OAO Sitronics, the technology unit of Vladimir Yevtushenkov's AFK Sistema, raised $402 mln in an initial public offering, the fifth...

Deals

E.ON may sell Gazprom stake to finance Endesa bid

E.ON AG may sell its 6.4% stake in Russia's state-run natural-gas company, OAO Gazprom, to finance a €41 billion ($53...

Deals

PKN’s Unipetrol eyes two „major” purchases, CEO says

Unipetrol AS, the largest Czech oil company, is considering two „major” acquisitions in addition to efforts to buy a refinery...

Deals

Hungarian developer raises £87.5 mln in share sale

Ablon Group Ltd., a Hungarian real estate developer, raised £87.5 million ($172 million) in an initial public offering in London...

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...