Deals

Deals

New CEO at Ariston Thermo Hungária

As of this year, Gábor Pavek heads heating technology company Ariston Thermo Hungária as CEO. Pavek has been working at...

Deals

Opus shares up over 10% after equity boost annnouncement

Holding company Opus Global on Thursday disclosed a plan to raise net assets by HUF 60-80 billion through the in-kind...

Deals

Strabag still leads local property management market

Strabag Property and Facility Services Zrt. remains the market-leading service provider with a market share of 2.2%, a study by...

Deals

RSM names head of new M&A business unit

Professional services firm RSM Hungary is expanding its business to include a mergers and acquisitions, company assessment and financing unit,...

Deals

Few families can afford Hungaryʼs international schools

Parents in Hungary unhappy with the public education system can choose to have their children follow the courses of international...

Deals

Museum of Fine Arts offers peek of renovated Romanesque Hall

Budapestʼs Museum of Fine Arts will open its Romanesque Hall to the public, restored to its former glory after an...

Deals

Appeninn continues real estate acquisitions

In two days, property holding company Appeninn has announced the purchase of 18 commercial properties currently leased by supermarket chain...

Deals

Change in Hungarian management at S IMMO AG

As of March 1, 2018, Géza Barabás will head the subsidiary in Budapest of Austrian real estate investment firm S...

Deals

eBay increasingly attractive for Hungarian entrepreneurs

E-commerce is booming in Europe, new data released by the eBay online marketplace shows. Close to 10,000 Hungarian sellers have...

Deals

Retail sales up 4.8% in 2017

In December 2017, the volume of sales in retail shops increased by 4.7% according to raw data, and by 5.9%...

Deals

DVM group restructures leadership

The founder and managing partner of DVM group, Attila Kovács, has given group sales director Tamás Sellyey the leadership tasks...

Deals

Lőrinc Mészáros officially takes control of Konzum

Hungaryʼs Competition Office (GVH) said Thursday it has approved the takeover of sole direct control of fund manager Konzum Investment...

Deals

Szallas.hu acquires Polish peer

Hungaryʼs Szallas.hu, an online service for booking commercial accommodation, has acquired Polish peer Spanie.pl; the two companies are expected to...

Deals

GVH inquiry seen having little impact on MTel shares

An inquiry launched by Hungaryʼs Competition Office (GVH) concerning suspected collusion in tenders between telcos Magyar Telekom (MTel) and Telenor...

Deals

Forum to discuss gender pay gaps in Hungary

Although certainly not unique to Hungary, the shortfall in pay for women compared to men in numerous sectors and jobs...

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...