Deals

Deals

Croatia to auction three hoteliers starting at 153 mln Kuna

Croatia is auctioning majority stakes in three hoteliers for a minimum 153 mln kuna ($28 million) as it steps up...

Deals

Nemetschek acquires 54% of Graphisoft shares, plans public offer in January

Nemetschek AG, a German maker of software used in construction and in the real-estate business, exercised an option to acquire...

Deals

Gold has biggest annual gain since 2002 on dollar’s decline

Gold had its biggest annual gain since 2002 as declines in the dollar spurred demand for the metal as an...

Deals

Mol purchases BaiTex from VE-NEFT, RusOil to expand in Russia – extended

Mol Nyrt, Hungary's largest energy company, said it bought BaiTex LLC from VE-NEFT Development LLC and RusOil LLC to expand...

Deals

Budapest Stock Exchange sees higher revenue on record trading

The Budapest Stock Exchange (BÉT) said revenue probably rose about 20% in 2006 after a fifth consecutive year of record...

Deals

EDFI approves conversion of Démász into closed company

Electricite de France International (EDFI), which boosted its stake in Hungarian regional electricity distributor Démász to 100% in a recent...

Deals

Gazprom grabs Sakhalin gas stake

State-owned Russian energy giant Gazprom has wrested control of a massive oil and gas field from Anglo-Dutch rival Shell....

Deals

GVH fines Allianz Hungária and partners

Hungary's Competition Office (GVH) on Thursday announced it had fined insurance company Allianz Hungária and its partners a combined Ft...

Deals

Gazprom may revise blue stream tract

Russian energy giant Gazprom signed a statement of intent with Serbia earlier this week to build 400 kilometers of natural...

Deals

Parliament approves 2007 budget act

Hungary's Parliament approved the 2007 Budget Act in a final vote with a 208 vote and 163 against with no...

Deals

MKB Bank sets up insurance companies

Hungary's MKB Bank and Germany's Bayern LB and Versicherungskammer Bayern (VKB) are setting up a life insurance company and a...

Deals

Credit Suisse manager freed from Romanian jail during probe

A Romanian court freed a Credit Suisse Group manager after he spent three weeks in jail while authorities investigate alleged...

Deals

Gold prices gained in New York, rises in London – Extended

Gold rose for a third straight day in London, in New York climbed the most this month after a drop...

Deals

Hungarian Egis says new law may cut profit by Ft 3-8 bln

Hungarian drug producer Egis estimates that a recent law on drug subsidies may cut its profit by Ft 3 billion...

Deals

Kopint-Datorg projects GDP growth of 2.8% in 2007

Kopint-Datorg expects Hungary's economy to expand 2.8% in 2007 and consumer prices to rise 6.4%, the economic think tank said...

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...