Deals

Deals

Lukoil to buy Conoco stations, bid for Czech refinery

OAO Lukoil, Russia's largest oil producer, plans to buy 376 filling stations in Europe from shareholder ConocoPhillips and may buy...

Deals

Finalyse opens regional center in Hungary

Finalyse, a leading implementation consultancy specialized in value, risk and performance solutions, has appointed Keve Müller as Partner and General...

Deals

Hama expects 12% revenue rise in Hungary in 2006

Hama Kft, the Hungarian unit of German IT and photo equipment company Hama AG, expects to close 2006 with revenue...

Deals

HTCC announces changes to board of directors

Hungarian Telephone and Cable Corp. today announced that Kim Frimer has resigned as chairman of the board of directors of...

Deals

Investment fund assets fall 0.4% in November

Assets in Hungarian investment funds fell 0.4% to Ft 2,531 billion in November from the previous month, the Association of...

Deals

Hellman & Friedman to sell Axel Springer shares for €122 each

Axel Springer said Hellman & Friedman, a private-equity firm, plans to sell its shares in Europe's biggest newspaper publisher for...

Deals

KBC targets growth in earnings per share of at least 12%

KBC, Belgium's second-largest financial-services company after Fortis, is targeting average growth of at least 12% for earnings per share, driven...

Deals

Hungary raises Ft 37 bln from Mol stake sale

Hungary raised about Ft 37 billion ($194 million) from selling its last shares in Mol Nyrt, eastern Europe's largest oil...

Deals

Croatian oil company Ina sells further 2% of shares

The Croatian oil company Ina Industrija Nafte d.d. will allocate another 2% of its shares to institutional investors after selling...

Deals

GE Money Bank acquires ownership in Baltic Trust bank

GE Money Bank, the owner of Hungary’s Budapest Bank, has acquired 98% ownership of Latvia’s leading Baltic Trust Bank (BTB)....

Deals

Fidesz calls for state auditors to examine gov’t quarter project

Main opposition party Fidesz has called on the State Audit Office to examine the government's plans to build a new...

Deals

Ina starts test production of natural gas from field in Syria

Ina, Croatia's largest oil company, said its started test production of natural gas from its Palmyra field in Syria, as...

Deals

Magyar Telekom board announces Ft 73 dividend per share

The board of Magyar Telekom Nyrt will propose payment of a Ft 73-per-share dividend on 2005 profits to a general...

Deals

Sale of military properties expected to generate Ft 33 bln

Hungary's Ministry of Defense expects the sale of more than a hundred former military properties around the country to generate...

Deals

Axel Springer agrees to acquire 25% stake in Polsat

Axel Springer agreed to buy a quarter of Poland's Polsat for €250 million ($332.7 million), the second purchase of a...

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...