Deals

Deals

Horizon names business development director

Real estate developer Horizon Development has announced the appointment of Tamás Ádány, ex-CEO of OTP Real Estate Plc., to the...

Deals

Csányi tops Hungary rich list

OTP Bank Chairman-CEO Sándor Csányi leads this yearʼs list of the "100 Richest" Hungarians with wealth of HUF 360 billion,...

Deals

HUF 1.6 bln earmarked for cycle path upgrade

Budapest Mayor István Tarlós has announced that the central government will match HUF 800 million in funding that will support...

Deals

Kravtex-Kühne Group to present new bus model

Hungaryʼs Kravtex-Kühne Group will add a new, domestically developed low-emission bus model, the Credobus Inovell 13+, to its product line,...

Deals

Associate partner appointed at Horizon Development

The Horizon Development board is now complete after the appointment of Gabriella Sasvári as associate partner, the company has told...

Deals

Wing acquires, renames Strabag PFS

Leading Hungarian-owned property developer Wing Zrt. has bought out the 51% stake of Elitur Invest Zrt., its partner in Strabag...

Deals

Erste Bank Hungary to pay HUF 20 bln dividend

Erste Bank Hungary will pay its owners a HUF 20 billion dividend on last yearʼs earnings, the lender said on...

Deals

Blue- and White-collar Employees Harder to Find

While some sectors appear to carry the right amount of talent supply, others face a serious labor shortage in Hungary,...

Deals

Takarék Group to launch universal commercial unit in May

Hungarian banking group Takarék Group will launch its new universal commercial bank unit Takarékbank on May 6, the group told...

Deals

John McLaughlin: Guitarist who set World on its Ear

Talk to legendary guitarist, bandleader and composer John McLaughlin and what shines through right away is his lust for life....

Deals

New partner appointments at Process Solutions

Independent accounting business Process Solutions Kft. (PS) has announced the appointment of four new partners, within the framework of an...

Deals

CIB Lízing appoints new CEO

CIB Lízing Group has announced the appointment of Csaba Fekete as its new CEO as part of ongoing structural reorganization,...

Deals

József Vida in talks to acquire TV2

Hungarian banker and businessman József Vida is in advanced talks, through an agent, on the acquisition of commercial television broadcaster...

Deals

OTP eyes three more banks, then break

OTP Bank wants to acquire three more banks in the region, after which it will take a break from a...

Deals

Hungarian Fashion and Design Agency produces industry strategy

The state-owned Hungarian Fashion and Design Agency has completed the working draft of a strategy to boost the local creative...

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...