Deals

Deals

ÁPV calls tender to organize sale of remaining Mol shares

The State Privatisation Holding Rt (ÁPV) has invited four bidders to organise the sale of the remaining 1.7% state-owned stake...

Deals

Magyar Telekom landline chief quits

Magyar Telekom Nyrt announced on Thursday that Christopher Mattheisen, chief operating officer of the company's landline services business, has resigned...

Deals

T-Mobile to invest up to Ft 10 bln in 3G, wireless networks in 2006

Wireless services company T-Mobile, the mobile unit of the Magyar Telekom group, plans to invest Ft 8 billion-Ft 10 billion...

Deals

K&H first-quarter profits slip on one-off items, risk provisions

K&H Bank Rt had after-tax profit of Ft 3.9 billion in the first quarter of 2006 under International Financial Reporting...

Deals

CEDC buys Hungarian drinks distributor

Central European Distribution Corporation (CEDC) announced it had signed a Memorandum of Understanding with Remy Cointreau and DELB for the...

Deals

Mol, INA reach agreement to buy Bosnia’s Energopetrol

Hungarian oil and gas company Mol Rt and Croatia's INA Industrija Nafte DD agreed with a Bosnian commission on the...

Deals

Bajnai resigns from Zwack supervisory board

Zwack Unicum Rt, Hungary's most famous spirits company, announced on Friday that Gordon Bajnai, a member of its supervisory board,...

Deals

PM announces 8% fiscal deficit projection

Prime Minister Ferenc Gyurcsány said Hungary's public finance deficit will amount to 8% of GDP this year and pressed for...

Deals

Ecostat projects industrial production growth of 8.8% yr/yr in October

Ecostat, the research arm of Hungary's Central Statistics Office (KSH), forecasts twelve-month industrial production growth of 8.8% in October 2006,...

Deals

Takarékbank to provide forex service

Savings bank Magyar Takarékszövetkezeti Bank Rt (Takarékbank) is launching its online foreign currency trade system today....

Deals

Transelektro fails to reach agreement with creditors

The owners of troubled holding company Transelektro failed to reach an agreement with creditors by the May 31 deadline, which...

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...