Deals

Deals

GKI sticks to 3.8% GDP growth forecast for 2018

Economic research institute GKI has left its projection for this yearʼs GDP growth unchanged at 3.8% in a fresh forecast,...

Deals

Skanska Commercial Development Europe welcomes new VP

Real estate developer Skanska Commercial Development Europe has appointed Stuart Beety senior vice president of its business development department. He...

Deals

Coca-Cola to build giant plant in Dunaharaszti

Coca-Cola HBC Magyarország is increasing by half the area of its manufacturing base in Dunaharaszti, on the southwestern outskirts of...

Deals

General govʼt deficit confirmed at 169% of 2017 target

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1.974 trillion deficit at the end of December, thus...

Deals

Szentkirályi founder, Pasquales acquire PepsiCo interests

Levente Balogh, who founded the Szentkirályi mineral water brand in 2003, has teamed up with his Italian partners, the Pasquale...

Deals

Special Effects announces Zsolt Kassai as general manager

Event production company Special Effects International welcomed the New Year by appointing a new general manager. After 15 years in...

Deals

Hungarian IT firm bought for estimated USD 100 mln

One Identity, the ID and access management unit of U.S.-based Quest Software, has acquired Hungarian-owned Balabit, the latter announced on...

Deals

New partner joins Amrop Kohlmann & Young

Effective from the beginning of January, Nora Ruszkai has joined leading international executive search firm Amrop Kohlmann & Young as...

Deals

Budapest flat rental price growth stagnates in January

According to data compiled by property listing site ingatlan.com, flats for rent in Budapest under HUF 100,000 per month are...

Deals

SAS Hungary welcomes new managing director

Starting from January 1, Tibor Loncsár has taken over the position of managing director at SAS Hungary, the local office...

Deals

New issues, issuers key to stock exchange strategy in 2018

The Budapest Stock Exchange (BÉT) needs new issues and new issuers as it continues to build up Hungaryʼs capital market,...

Deals

Smokers undeterred by fines at bus and tram stops

The law banning smoking at public transport stops seems to have failed to have its desired effect. In five years,...

Deals

Appeninn to acquire office building in central Budapest

Property holding company Appeninn said on the Budapest Stock Exchange that it plans to issue new shares to Konzum II....

Deals

Altera shareholders authorize max. 20-fold capital raise

An extraordinary general meeting at Altera Wealth Management Plc. has made a decision about a possible increase in the founding...

Deals

IT specialists, automotive engineers expect generous salaries

The minimum monthly salary expected by an experienced IT specialist in Hungary is HUF 650,000. Below this, a specialist with...

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...