Deals

Deals

Croatian oil company Ina plans to invest $2.6 billion by 2011

Croatia's oil company, Ina Industrija Nafte d.d., will invest about $2.6 billion in upgrades and research in the next five...

Deals

Permira Fund, VCP acquire combined 92.9% of BorsodChem in buyout offer

First Chemical Holding, a Hungarian purchase vehicle set up by private equity fund Permira announced late on Monday that it...

Deals

Romania hires local firm Bostina to advise on Antibiotice sale

Romania hired local law firm Bostina & Asociatii to advise it on the sale of Antibiotice Iasi SA, the country's...

Deals

Pannonplast reduces stake in Synergon, top performer in Index

Pannonplast Nyrt, a Hungarian maker of yoghurt pots and plastic packaging, cut its stake in computer services company Synergon Nyrt...

Deals

Hewitt offers services to domestic clients

HR outsourcing and consulting company Hewitt Associate (HA) opened a European Center to support its pension-actuary division of its growing...

Deals

Immoeast profit almost triples on value of properties

Immoeast Immobilien Anlagen AG, an Austrian real-estate company, said fiscal Q2 profit almost tripled as the value of property assets...

Deals

Developments in Záhony to be seen in 2-3 years

Sándor Kálnoki Kis, who was recently appointed by the Prime Minister to oversee the development of a special economic region...

Deals

Britain’s Thatcher role model for Hungary’s Economy Minister

Britain's Margaret Thatcher provides the inspiration Hungary needs to tackle the European Union's largest budget deficit, Economy Minister János Kóka...

Deals

Former Transelektro unit changes name

Transelektro Asset Management Kft, the former property unit of troubled Hungarian engineering company Transelektro, has changed its name to T-2006...

Deals

Erste Bank appoints new CEO; parent bank decides on transformation into holding company

Edit Papp has been appointed CEO of Erste Bank Hungary, effective January 1, 2007, the bank announced on Wednesday....

Deals

Hungary’s Magyar Telekom buys content firms for Ft 1 bln

Hungary's largest telecom group, Magyar Telekom Nyrt, owned by Germany's Deutsche Telekom AG, has announced on Wednesday it has signed...

Deals

Biggeorge lauches property fund

Real estate firm Biggeorge’s Group has been granted approval by the State Financial Supervisory Authority (PSzÁF) to launch the Biggeorge’s-NV...

Deals

Fujitsu Siemens sales in Hungary jump 50% in January-September

Fujitsu Siemens’ sales in Hungary rose 50% in January-September compared to the same period a year earlier, business daily Napi...

Deals

Hungary’s first nanotechnology center opens in Szeged

Hungary's first nanotechnology research and training center was opened at the Szeged University on Wednesday....

Deals

Sydinvest buys majority stake in Bookline.hu

Sydinvest Zrt bought 1 million shares of Bookline.hu Nyrt in two days, the online bookshop company announced....

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...