Deals

Deals

Industrious industrial parks

The industrial real estate market can be referred to as pleasantly stable, for it does not react sensitively to market...

Deals

EU threatens to sue insurers that quash competition

European Union antitrust regulators threatened to sue insurers and challenged industry practices such as long-term contracts and standard policies after...

Deals

Bayerische Landesbank invests €1.72 Mln in Hungarian Unit MKB

Bayerische Landesbank, Germany's second-biggest state-owned bank, invested Ft 435.2 mln (€1.72 million) in its Hungarian unit Magyar Külkereskedelmi Bank Nyrt,...

Deals

Russia may sell 25% of Rosneft in secondary share sale

OAO Rosneft, Russia's state oil company, may sell as much as 25% of its shares, after raising $10.6 billion last...

Deals

Billionaire Iorich’s Pala plans investment in gold miners

Pala Investments Holdings Ltd., a $900 million (€694.7 million) investment fund started by Russian billionaire Vladimir Iorich, is studying further...

Deals

Unified Energy seeks changes to breakup strategy

OAO Unified Energy System, the Russian power utility in the process of being broken up, wants the state-run Federal Grid...

Deals

Ablon, Hungarian property developer, will list shares on AIM

Ablon Group, a Hungarian property developer with units in Prague and Bucharest, wants to raise some £100 million (€151.9 million)...

Deals

Allianz offers €9.8 bln for rest of AGF unit

Allianz SE, Europe's biggest insurer, agreed to buy the rest of Assurances Generales de France for €9.8 billion ($12.7 billion),...

Deals

Rosneft to spend $2 bln building oil refinery on Black Sea

Rosneft, Russia's second-largest oil producer, plans to spend $2 billion building a new oil refinery alongside its Tuapse facility on...

Deals

Hungary meets budget deficit target for last year

Hungary, which has the European Union's widest budget deficit, said it met last year's revised target and expects the January...

Deals

Nemetschek offers Ft 2,273 a share for rest of Graphisoft – extended

Nemetschek AG, a German maker of software used in construction and real-estate businesses, offered Ft 2,273 ($11.6) share to buy...

Deals

Budapest bourse counts on foreign IPOs to lift turnover in 2007

The Budapest Stock Exchange (BÉT) is relying on foreign companies including Orco Property Group to join the market and boost...

Deals

Siemens sees technology unit in „promising position”

Siemens AG said its new technology services unit, which started today, is in a „promising position” as the division will...

Deals

EBRD withdraws plan to finance Gazprom-led Sakhalin-2 project

The EBRD has canceled plans to provide loans to Russia's Sakhalin-2 oil and gas project now that state-run OAO Gazprom...

Deals

Budapest office rent among cheapest in region

Office space in Budapest can be rented for just a fifth of the price of that in London and rent...

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...