Deals

Deals

2024 Saw Hungary’s Largest Business Deal to Date

Following a HUF 600 bln deal last year in which the state acquired an ownership stake in Vodafone Magyarország, 2024...

Deals

MVM to Acquire Majority Stake in E.ON Energie Romania

State-owned Hungarian energy group MVM has agreed to acquire a majority stake in E.ON's retail and customer solutions business in...

Deals

Eneos to Buy MOL’s 49% Stake in Eneos MOL Synthetic Rubber

Hungarian oil and gas company MOL and Japan's Eneos Materials Corporation signed a sale and purchase agreement on Friday under...

Deals

Employers, Unions and Gov’t Sign Minimum Wage Deal

Representatives of employers, unions and the government signed an agreement on minimum wage increases over the next three years on...

Deals

Budapest Bourse Partnering With Peers, EBRD

The Budapest Stock Exchange and six of its peers in the region, along with the European Bank for Reconstruction and...

Deals

Corvinus Joins QTEM, a Global Network Specialized on Analytics

With the unanimous support of all QTEM member institutions, Corvinus University of Budapest has officially become a part of the...

Deals

Corvinus Signs Cooperation Deal With Consulting Firm Stratis

Corvinus University entered into a three-year strategic partnership agreement with consulting firm Stratis, the university told the Budapest Business Journal....

Deals

Hungary, Sweden Agree on Gripen Joint Development

An agreement has been reached with the Swedish defense minister on the joint development of the Gripen fighter jet, Minister...

Deals

MOL Group, TPAO Sign MoU on Strategic Partnership

Hungary's MOL Group and the Turkish Petroleum Corporation (TPAO) have signed a memorandum of understanding on a strategic partnership in...

Deals

PwC Acquires Research and Consulting Firm GKID

GKID has entered into an agreement with PwC under which PricewaterhouseCoopers Magyarország Kft. acquires a 100% stake in GKID Research...

Deals

Watchdog Clears Mevinvest Buyout Offer for Akko Invest

The National Bank of Hungary (MNB) has approved a buyout offer by Mevinvest for the shares of Akko Invest, real...

Deals

HungaroControl, Budapest Airport Sign Partnership Agreement

Air traffic control company HungaroControl and Budapest Airport, the operator of Ferenc Liszt International, signed a strategic partnership agreement in...

Deals

Akko Invest Board Recommends Refusing Mevinvest’s Share Purchase Offer

The Board of Directors of Akko Invest Nyrt. has provided its opinion on the mandatory public offer made by Wing...

Deals

Hungary to Acquire Controlling Stake in GySEV

The state of Hungary could acquire Austrian construction company Strabag's stake in GySEV, giving it a majority holding in the...

Deals

VGD Hungary Audit and HLB Hungary to Merge

As of January 1, 2025, VGD Hungary Audit Ltd., one of Hungary’s leading audit advisory firms, is to merge 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...