Deals

Deals

Penthouse gets new publisher in Hungary

US publisher General Media Communications has signed a contract for publishing men's magazine Penthouse in Hungary with Sportlife Media after...

Deals

Commercial property developments total €365 mln in Budapest in H1

Office, industrial and commercial property developments worth a combined €365 million were carried out in Budapest in the first half...

Deals

Gov’t approves sale of MFB’s Transelektro stake

A cabinet meeting on Wednesday approved the sale of a 42% stake in troubled holding company Transelektro by the Hungarian...

Deals

Crompton Greaves to buy Transelektro for €35 mln

The Belgian unit of India's Crompton Greaves has agreed to buy troubled Hungarian holding company Transelektro for €35 million, India's...

Deals

Yukos in trouble

Deals

Richter signs distribution deal with ProStrakan

Hungarian drug manufacturer Richter Gedeon Rt concluded a distribution agreement with ProStrakan Group (PSK), a Scotland-based specialty pharmaceutical company, to...

Deals

GVH fines total Ft 2.28 bln in first half

The Competition Office (GVH) levied a combined Ft 2.278 billion in fines in the first half of 2006, 2.073 billion...

Deals

Synergon gets Ft 180 mln order from NHH

Synergon Nyrt, a Hungarian computer services company, won an order to supply and install software worth Ft 180 million for...

Deals

GVH slaps Auchan with Ft 50 mln fine

The Competition Office (GVH) fined French-owned hypermarket chain Auchan Hungary Kft Ft 50 million for misleading consumers, the GVH announced...

Deals

Mol shuts down petrol stations in Czech Republic

Hungarian oil and gas company Mol Nyrt has failed to achieve economy of scale on the Czech Republic's retail vehicle...

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...