Deals

Deals

Vodafone appoints CEO of Hungarian unit to head Turkish acquisition

Attila Vitai, the head of Vodafone's unit in Hungary, has been appointed CEO of Turkey's Telsim, which Vodafone acquired at...

Deals

Mol completes sale of gas units to E.ON

Hungarian oil and gas company Mol Rt completed the sale of two gas units to Germany’s E.ON AG on Friday,...

Deals

ING to use Hungarian unit to set up subsidiary in Bulgaria

Dutch insurer ING announced on Thursday it would use its Hungarian unit, ING Insurance Rt, to set up a subsidiary...

Deals

Credit Suisse BUBOR Plusz Fund assets reach Ft 2.5 bln

Assets in the Credit Suisse BUBOR Plusz Fund, started by the Hungarian fund manager of Credit Suisse Asset Management (CSAM)...

Deals

Budapest takes out Ft 25 bln OTP loan

The Budapest City Council announced Friday that it signed on for a Ft 25 billion loan contract with OTP Bank...

Deals

Group IDs takeover risks for OTP

OTP Bank Rt will have to face a potential takeover by an international heavyweight in the future unless it can...

Deals

Fotex boosts stake in Domus to 98.64%

Retailer and holding company Fotex Rt announced on Wednesday it had raised its direct and indirect stake in furniture unit...

Deals

MÁV officially signs with Bombardier

Hungarian state railways MÁV Zrt yesterday formally signed a deal with Canadian-German Bombardier to buy 10 of its Talent suburban...

Deals

Raiffeisen International reduces stake in Synergon

Raiffeisen International Bank AG's Hungarian unit reduced its stake in Synergon Rt, the country's biggest independent computer-services company....

Deals

Erste unit Portfolio raises stake in Synergon to 5.14%

Portfolio, a 100% subsidiary of Erste Bank investment arm Erste Bank Befektetési, has raised its stake in IT company Synergon...

Deals

Central bank leaves key rate unchanged at 6%

The National Bank of Hungary (MNB) left its 6% benchmark interest rate unchanged for a sixth month at its Monday...

Deals

Hollóház expects small profit in 2006

Majority state-owned porcelain maker Hollóház expects a small profit in 2006, after four years of losses, business daily Napi Gazdaság...

Deals

Albacomp CEO to resign

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...