Deals

Deals

Fireplace maker launches HUF 3.6 bln expansion

Wamsler, Central Europeʼs biggest maker of fireplaces and stoves, laid the cornerstone of a HUF 3.6 billion expansion at its...

Deals

Opus to buy out Czech partner from Mátrai Erőmű

Just days after announcing completion of the indirect acquisition of a 72.66% majority in power station Mátrai Erőmű through a...

Deals

Waberer’s buys out minority partner, but private placement fails

Waberer’s International had a busy day on Wednesday regarding the acquisition and attempted sale of company stakes, with one offer...

Deals

Eyewear startup enters partnership with optician chain

Two years after starting production, Hungarian custom-fitted and 3D-printed spectacles maker Forma Eyewear has announced its acquisition by FHO (First...

Deals

CIG Pannónia expands to Baltic states

Hungarian insurer CIG Pannónia is making inroads into markets in two of the Baltic states through its general insurance unit...

Deals

Hungaryʼs Solvo Biotechnology sold to French investor

Franceʼs Citoxlab Group has obtained a majority stake in Solvo Biotechnology, a Hungarian company that is a global leader in...

Deals

Romaniaʼs central bank vetoes OTP acquisition bid

In a surprise move, the National Bank of Romania has rejected a request for approval by the Romanian unit of...

Deals

Trade finance professionals head for Budapest

The Association of International Credit and Trade Finance Professionals (ICTF) will be hosting its International Credit Professionals Symposium at the...

Deals

Men earn over 20% higher salaries than women in Hungary

According to data gathered from 13 European countries by international salary portal paylab.com to mark International Womenʼs Day on March...

Deals

OTP Real Estate Fund raises stake in Appeninn

Holding company Konzum on Monday said it sold 4.94% of the shares of property holding company Appeninn, more than two...

Deals

Hungarian M&A market value up 150% in 2017, says EY

The value of Hungarian mergers and acquisitions (M&As) rose 150% to USD 4 billion last year, data compiled by consultancy...

Deals

Konzum moves to BÉT Prime category, discloses acquisition

Listed holding company Konzum on Wednesday said it would acquire a number of tourism properties on Lake Balaton with the...

Deals

New managing director to head Canon Hungária

As of January 1, a new managing director, Jaap van ’t Ooster has been in post at Canon Hungária Kft....

Deals

CEPOL executive director concludes 8-year term

Ferenc Bánfi, the Executive Director of CEPOL, the Budapest-based European Union Agency for Law Enforcement Training, concluded his eight-year term...

Deals

Immofinanz suspends merger talks with CA Immo

The supervisory and executive boards of commercial real estate company Immofinanz AG decided Wednesday to continue to suspend detailed discussions...

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...