Deals

Deals

Plotinus launches share buyback ahead of delisting

Holding company Plotinus announced on Monday the launch of a share buyback program as part of the gradual delisting of...

Deals

Opus Global to secure majority in KALL Ingredients

Holding company Konzum said Tuesday it has agreed to acquire a 45% stake in KALL Ingredients, and to transfer the...

Deals

Former MOL CEO Mosonyi passes away at 69

György Mosonyi, chairman of the supervisory board of Hungarian oil and gas company MOL, and a former CEO who oversaw...

Deals

Management buys out MET Group majority share

Benjámin Lakatos, the CEO of energy trader MET Group, has bought out his partners in the company to become majority...

Deals

China Smart Expo starts May 31 in Budapest

The Experience Center in District 15 of Budapest will host the 9th edition of the China Smart Expo from May...

Deals

Prologis receives logistics real estate award

Prologis has been named the strongest European real estate developer brand for 2018 in the “Logistics” category at the Real...

Deals

MKB Bank set to list shares on bourse in 2019

MKB Bank plans to sell a stake of between 20% and 30% on the Budapest Stock Exchange (BÉT) next year...

Deals

Vác cement factory becomes environment-friendly

Duna-Dráva Cement Kft., widely known as the Vác Cement Factory, says it has invested HUF 7 billion in renovating the...

Deals

General govʼt deficit close to 80% of full-year target

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1.081 trillion deficit at the end of April, the...

Deals

Wallis enters stock exchange by acquiring Altera

The Wallis Group’s automotive trading and service provider companies will enter the Budapest Stock Exchange by acquiring control of listed...

Deals

New appointments at Invitech

As of May, a well-known professional in the Hungarian ICT market, Csaba Bőthe, will take over the marketing and business...

Deals

MNB approves share acquisition in CIG Pannónia by Konzum

The National Bank of Hungary (MNB) yesterday gave approval to holding company Konzum acquiring a 24.85% stake in insurer CIG...

Deals

Budapest council raises taxi fares

The municipal council of Budapest today voted to raise regulated taxi fares in the capital from July 1. The council...

Deals

Aldi to make 150 new hires in Hungary

The Hungarian unit of German discount chain Aldi plans to increase headcount by more than 150, seeking to fill various...

Deals

Mattheisen departs Magyar Telekom after long spell at top

Magyar Telekom on Tuesday announced the resignation of its CEO Christopher Mattheisen. He will leave the company as of July...

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...