Deals

Deals

US-based Brink’s completes buy of G4S’ cash ops in Czech Republic, Romania

U.S.-based cash management company Brink’s, Inc. says that it has completed the acquisition of G4S plc’s cash operations in Czech...

Deals

Govʼt expects transfers of HUF 100 bln from Brussels in coming weeks

The government expects European Union transfers of HUF 100 billion to arrive from Brussels in the coming weeks, state news...

Deals

MOL closes acquisition of stake in Azeri oil field

Hungarian oil and gas company MOL said it closed the acquisition of a 9.57% stake in the Azeri-Chirag-Gunashli oil field...

Deals

Zentiva closes takeover of Alvogen’s business in Romania, Bulgaria, Croatia

Pan-European pharmaceutical company Zentiva Group said on April 7 that it has completed the acquisition of U.S.-based Alvogen’s Central and...

Deals

MOL withdraws 2020 EBITDA guidance

Hungarian oil and gas company MOL on Wednesday said it is withdrawing its guidance for 2020 EBITDA because of uncertainty...

Deals

Need for Liquidity Apparent in Investment Market

Will the perception of the Central European region as a relatively low risk, high yielding investment option survive in the...

Deals

United Group receives Commission’s nod to acquire Bulgaria’s BTC

The European Commission said on April 6 that it has cleared the acquisition of the Bulgarian Telecommunications Company (BTC) by...

Deals

PACCAR extends factory closures until April 20

PACCAR announced extending the suspension of truck and engine production at its factories worldwide until April 20, 2020....

Deals

Hungary puts 2020 deficit at 2.9% of GDP

Hungary has put its 2020 general government deficit, calculated according to the European Unionʼs accrual-based accounting standards, at 2.9% of...

Deals

Richter secures agreement to sell Myovant drug relugolix

Healthcare company Myovant Sciences and pharmaceutical company Gedeon Richter announced that they have entered into an exclusive license agreement for...

Deals

Trends in Translation: AI is Here, but Transcreation is on the Rise

According to independent market research firm Common Sense Advisory (CSA), the global translation industry is set to grow to USD...

Deals

Cordia International raising HUF 12 bln in capital

The shareholders of Cordia International Zrt. decided to increase the capital of the company by HUF 12 billion, according to...

Deals

Kodály Phili Aiming to be Debrecen’s Most Important Cultural Pillar

The Budapest Business Journal speaks with Budapest-born but Debrecen-based music director Dániel Somogyi-Tóth about the cultural plans of the city,...

Deals

Pork prices plummet

Over the past few days, the price of live pigs has fallen, having previously peaked due to African swine fever...

Deals

MVM acquires Mátrai power plant for HUF 17.4 bln

The state-owned Hungarian Electricity Works (MVM) has acquired Mátrai Erőmű, the countryʼs second-biggest power plant, for a price of HUF...

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...