Deals

Deals

M&A Market 2019: Restructured Telecom Sector, Strong State Presence

While international economic uncertainties still persist as an obstacle for mergers and acquisitions’ activity, such worries seem to be diminishing...

Deals

INA boards clear USD 600 mln refinery upgrade

Hungarian oil and gas company MOL on Thursday said the boards of its Croatian unit INA approved a HRK 4...

Deals

AutoWallis signs coop deal with Iniciál Group

Listed auto trader AutoWallis has concluded a cooperation agreement with the founder of Western Hungary’s automotive retailer, the Iniciál Group,...

Deals

Köki shopping mall to undergo renovation

The buyer of Köki Terminal shopping mall, Adventum International announced large-scale renovations for the South Pest shopping center. Real estate...

Deals

PRoPART Projectʼs automotive RTK solution demo successful

After 24 months of work, H2020 project "PRoPART", funded by the European Global Navigation Satellite System Agency (GSA), was successfully...

Deals

4iGʼs T-Systems Hungary acquisition falls through

Talks on the sale of T-Systems Hungary to 4iG have been terminated, T-Systems Hungary parent Magyar Telekom and 4iG said...

Deals

Magyar Posta launches HUF 4.2 bln letter tracking system

Hungaryʼs minister without portfolio for managing state assets has announced the rollout of a real-time electronic tracking system for registered...

Deals

E.ON boosts stakes in ELMŰ, EMÁSZ in mandatory offer

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

Deals

Budapest Becoming a top Spot for Winter Travel

Budapest can look forward to a strong Christmas and winter tourist season, with flight bookings to the Hungarian capital from...

Deals

Innovative Recruitment Solutions on a Transforming Market

The SSC sector experienced a stable period in 2019. The dynamic growth that defined the previous years slowed down and...

Deals

Many webstores risk serious penalties

As online retailers multiply annually, so too do infractions in an effort to keep supply, and Hungary is no exception...

Deals

EUR/HUF exchange rate of 340 incoming, ING says

According to a forecast by Amsterdam-based multinational banking and financial services company ING, the Hungarian forint is set to weaken...

Deals

Severe weather warning in effect as winter arrives

The Hungarian Meteorological Service (OMSZ) released orange (grade two) severe weather warnings for several counties due to the possibility of...

Deals

CIG Pannónia, Opus to cease cross-ownership

Insurer CIG Pannónia and holding company Opus Global on announced plans to cease their cross-ownership, state news wire MTI reports....

Deals

Swiss Sika acquires Romania’s Adeplast

The Swiss producer of specialty chemicals for construction and industry Sika Group says it has agreed to buy Romanian mortars...

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...