Deals

Deals

Gerald Grace named Invitech CEO

Business IT solutions provider Invitech has announced the appointment of Gerald Grace as Chief Executive Officer. Gerald succeeds David Blunck,...

Deals

Automotive sector continues to drive industry in December

Production volume of Hungaryʼs automotive industry - accounting for about 27.1% of total manufacturing output - rose 9.9% year-on-year in...

Deals

Mátrai Erőmű books after-tax loss but pre-tax profit in 2018

Mátrai Erőmű, which operates Hungaryʼs second biggest power plant, booked a HUF 817 million loss last year because of a...

Deals

HB Reavis enters German market

Regional real estate development company HB Reavis has announced its entry to the German market by acquiring two strategically important...

Deals

Mazars names CEE head of business development

Audit, accounting and consulting group Mazars has announced the appointment of András Bagyura as head of business development in the...

Deals

Buy OTP and MOL in 2019, Equilor Says

Amid slowing economic growth and rising inflation foreseen for Hungary in 2019, equity investors are in search of the next...

Deals

Uncertainties fail to stunt M&A market – Allen & Overy

International law firm Allen & Overy’s freshly released “Global Trends in Private M&A” report says that political uncertainty is not...

Deals

OTP agrees to acquire SocGen unit in Moldova

OTP Bank said Wednesday it has agreed to acquire an 87.85% stake in MobiasBanca, the Moldovan unit of Franceʼs Société...

Deals

Noerr appoints associated partner at Budapest office

Full-service law firm Noerr has announced the appointment of Viktor Füzi as associated partner at its Budapest office, according to...

Deals

E-marketplace for express delivery firms launches

Startup fuvar.hu has launched an online marketplace for express delivery companies in Hungary, according to a report by state news...

Deals

ReneSola secures financing for projects in Hungary, Poland

China-based solar project developer ReneSola Ltd. has announced it has closed a bridge finance deal with the Eiffel Energy Transition...

Deals

AEW enters Hungarian market with EUR 18 mln acquisition

One of the worldʼs largest real estate investment managers, AEW has announced its first acquisition in Hungary, a retail-led asset...

Deals

Orbán meets IIB chairman in Budapest

Prime Minister Viktor Orbán held talks with Nikolay Kosov, chairman of the Moscow-based International Investment Bank (IIB), in Budapest on...

Deals

Audi Hungaria strike has knock-on effect on German plant

As an announced week-long strike over pay continued at Audiʼs base in Győr (NW Hungary), the German carmaker was forced...

Deals

Audi Hungaria union starts week-long strike

The Audi Hungaria Independent Trade Union (AHFSZ) on Wednesday called a week-long strike over wages starting from 6 a.m. on...

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...