Deals

Deals

OTP declines bidding for Splitska

OTP Bank Rt decided not to submit a binding bid for a 99.75% stake in HVB Splitska banka d.d. because...

Deals

Pannonplast establishes plastics venture with Prettl

Pannonplast Rt, a maker of plastic packaging, will form a venture with Prettl Management Service GmbH so the German company...

Deals

Industrial output up adjusted 11% yr/yr in January

Hungary's industrial output rose by a seasonally and working day-adjusted 1.3% in January from December 2005 and was up by...

Deals

OTP to finance 10 new MÁV trains

OTP Bank Rt has won the tender to finance the purchase of 10 new Bombardier Talent trains for Hungarian Railways...

Deals

E.On offers Hungarian assets for Russian gas field

German utilities company E.ON AG has offered Russia's OAO Gazprom a part of its assets in Hungary in exchange for...

Deals

Synergon to sell Voyence in Hungary, Czech Republic

Synergon Rt, the biggest independent Hungarian computer services company, signed a contract with Voyence Inc. to sell the U.S. company's...

Deals

PSzÁF approves appointment of soon-to-be CEO to HVB Bank Hungary board

Hungary's financial market regulator announced on Monday it had approved on February 17 the appointment of Mihály Patai to HVB...

Deals

BÉT to offer gold contracts

The Budapest Stock Exchange (BÉT) plans to start trading futures contracts in gold in the second half of April, business...

Deals

Slight change in balance before elections – Ecostat

Hungary's main balance indicators will probably not improve before the parliamentary elections in April, research institute Ecostat said in its...

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...