Deals

Deals

Obton to buy 15-MW ReneSola portfolio

Solar project developer ReneSola has agreed to offload a 15-megawatt (MW) solar portfolio in Hungary to Denmark-based renewables investor and...

Deals

New managing director at Ford Hungary

Ford announced the appointment of Attila Szabó as the new managing director of Ford Hungary, starting this month, replacing Viktor...

Deals

Lime users travel 1.3 mln km in Budapest since July

E-scooter company Lime says that its users in Budapest have traveled some 1.3 million kilometers (more than three times the...

Deals

Greater support for families with type 1 diabetes arrives

Support for families with children who have type one diabetes came into effect last week, Ildikó Horváth, the State Secretary...

Deals

Industrial producer prices rise by 2.1% in November

Industrial producer prices as a whole were 2.1% higher in November 2019 than in the same period of the previous...

Deals

GVH fines imaging diagnostic tools manufacturers for cartel activity

Hungaryʼs competition office GVH has fined a number of companies manufacturing and marketing imaging diagnostic products (like MRI, CT and...

Deals

Digi, AMC seal last minute deal

Digi and AMC Networks International – Central and Northern Europe (AMCNI CNE) announced a last-minute agreement involving the distribution of...

Deals

Hungarians buy fewer sausages for New Yearʼs Eve

While frankfurter-style sausages remain a staple of the Hungarian New Yearʼs Eve party menu, sales are decreasing considerably, according to...

Deals

Opus signs contract on sale of Mátrai Erőmű to MVM

Listed holding company Opus Global on Monday said it signed a contract on the sale of its 72.66% stake in...

Deals

E.ON Hungária further boosts stakes in ELMŰ, EMÁSZ

The local unit of German utilities giant E.ON has raised its stakes in regional electricity distributors ELMŰ and EMÁSZ with...

Deals

Lottery company Szerencsejáték to raise prices

State-owned lottery company Szerencsejáték is raising the base price of its most popular games from the end of 2019 to...

Deals

TV2’s credit rating to be reviewed

Scope Ratings GmbH is reviewing a credit rating previously issued for TV2 Group after the broadcaster informed the agency of...

Deals

Record-sized defense budget incoming in 2020

The Ministry of Defense will have a total budget of HUF 616 billion next year, Parliamentary State Secretary Szilárd Németh...

Deals

New law to boost private investment, expert says

A "Christmas surprise" is coming for private investors and their asset managers in Hungary, because the institutional structure will loosen...

Deals

OMV Petrom buys stake in Bulgarian offshore project from parent company

Romania’s top oil and gas group OMV Petrom will take over the 30% stake in an offshore project in Bulgaria...

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...