Deals

Deals

London economists: MNB not under pressure to tighten

The National Bank of Hungary (MNB) is not under pressure to tighten monetary policy, though some policy guidelines at this...

Deals

Blockchain technology still in its infancy in Hungary

Some 84% of executives globally say their organization has some involvement in blockchain technology, yet only a narrow layer utilizes...

Deals

ASB Group appoints Dan Ledvinka to head business development

ABS Group, a professional outsourcing provider, has appointed Dan Ledvinka as its new group head of business development and marketing...

Deals

Holiday house market booming

The holiday houses market (covering dwellings used mainly on weekends for recreational purposes), has not expanded significantly until now. But...

Deals

Konzum Group acquires MKB employee shares

Listed holding company Konzum said on Monday that it would indirectly acquire a 9.62% stake in MKB Bank from the...

Deals

Hungarians increasingly shopping with bank cards

Hungarians are using their bank cards to make purchases more frequently, thanks in part to government subsidies for point-of-sale (POS)...

Deals

Prime ministerʼs son-in-law expands business rapidly

Listed property holding company Appeninn announced on Thursday that Konzum Private Equity Fund has sold all its shares in Appeninn...

Deals

Prague to host Marketing to China conference

H8 Education & Consulting, the co-producer of an e-commerce series of events for managers and executives, has announced its Marketing...

Deals

4iG shareholders reject buyout offer

No shareholders of IT company 4iG accepted the mandatory public purchase offer for remaining shares made by a consortium of...

Deals

ODELUS acquires Ukrainian business

ODELUS-Construkt Kft., a Hungarian investment and real estate development company based in Győr, northwest Hungary, announced today that it has...

Deals

Magyar Posta appoints new CEO

Andrea Bártfai-Mager, Hungaryʼs minister without portfolio in charge of managing state assets, has appointed György Schamschula CEO of state-owned postal...

Deals

MOM Park sale transaction completed

Real estate developer and investment company Wing Zrt. announced on Friday the sale of the MOM Park shopping mall and...

Deals

Government deficit reaches 109.6% of full-year target

The government deficit, which had already surpassed the full-year target in June, has increased by a further 5%. The cash...

Deals

Hungarian coupon fans spend more, more wisely

The once hugely popular coupon business still exists, but has changed dramatically. Customers today are looking for quality rather than...

Deals

Hungaryʼs OTP to acquire units of Société Générale

OTP Bank yesterday said it had agreed to buy a 99.74% stake in the Bulgarian unit and an 88.89% shareholding...

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...