Deals

Deals

MediCall startup gets HUF 200 mln investment

MediCorp Hungary Zrt., the firm behind MediCall, a smartphone app launched two years ago in Hungary aiming to combat the...

Deals

BDPST Group prepares to renovate Adria Palace

After buying a significant portion of the property, developer the BDPST Group is set to conduct a complex renovation of...

Deals

OTP board proposes option of separate chairman, CEO

Shareholders of OTP Bank will vote to give the board the power to separate the positions of chairman and chief...

Deals

BÉT announces changes to BUX, BUMIX indices

The Budapest Stock Exchange (BÉT) has announced changes to its main BUX and mid-cap BUMIX indices following a biannual review,...

Deals

Plotinus trades as Akko Invest from Wednesday

Listed holding company Plotinus will trade under the new name Akko Invest from Wednesday, state news agency MTI reported, citing...

Deals

Széchenyi Fund to invest HUF 70 bln up to 2022

The Széchenyi Venture Capital Fund (SZTA), an EU-supported investment fund established by the state to fund SMEs, will invest HUF...

Deals

GKI raises 2019 GDP growth forecast to 3.5%

Economic research institute GKI has raised its projection for this yearʼs GDP growth to 3.5%, up from 3.4% in a...

Deals

Hungaryʼs ’advertisement cake’ grows 7.77% in 2018

The Hungarian Advertising Association (MRSz), with its partner associations, presented Hungaryʼs so-called "advertisement cake" for 2018 at the Evolution conference,...

Deals

Hungary to set up booth at MIPIM

The local government of Budapest, the Hungarian Investment Promotion Agency (HIPA) and the Real Estate Developersʼ Roundtable Association (IFK) are...

Deals

Appeninn GLA up 47% in 2018

The gross leasable area (GLA) of listed holding company Appeninnʼs commercial property portfolio grew 47% to 93,000 square meters last...

Deals

Szentkirályi-Kékkuti celebrates year of record sales

Mineral water and soft drinks company Szentkirályi-Kékkuti Ásványvíz Kft. closed 2018 with HUF 17.2 billion in revenues, up almost 10%...

Deals

Investment fundsʼ net asset value up 5% in 2018

Net asset value (NAV) of investment funds in Hungary rose 5% to total some HUF 6.932 trillion in the twelve...

Deals

New WestEnd Property Management general manager named

Gránit Pólus Group has announced the appointment of Simona Ioana Ion as general manager of WestEnd Property Management Ltd., according...

Deals

Hungary posts 3rd highest growth in Chinese tourist arrivals

The EU remains an attractive destination for Chinese tourists, and while the U.K. is still the most popular looking at...

Deals

Microsoft Hungary names Mattheisen new general manager

Microsoft Hungary has announced the appointment of former Magyar Telekom CEO Christopher Mattheisen as general manager, effective March 4, 2019,...

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...