Deals

Deals

Hungarian AI car project receives significant investment

AImotive, a self-driving technology startup headquartered in Budapest, has announced the closing of a USD 38 million/EUR 32 mln Series...

Deals

Patrik Molontay new owner-MD of HumanField

Following a management buyout at executive search company HumanField, Patrik Molontay, who formerly led the company as deputy managing director,...

Deals

Hungarian govʼt sells stake in Gránit Bank

The government has sold its stake in Granit Bank to the lenderʼs chairman-CEO Éva Hegedűs, Minister for National Economy Mihály...

Deals

Opus Global expands into alternative fuel

Listed holding company Opus Global said on the Budapest Stock Exchange on Wednesday that a company in which it has...

Deals

Konzum set to acquire majority in Appeninn Holding

Konzum Investment and Asset Management Nyrt., Konzum Private Equity Fund and Konzum Management Kft. are jointly set to acquire a...

Deals

Párizsi Udvar hotel opening suffers delay

Due to unforeseen technical difficulties, the inauguration of the new Párizsi Udvar Hotel in downtown Budapest will be delayed by...

Deals

Opus Global makes television acquisitions

Listed holding company Opus Global on Monday said it has acquired indirect stakes in a television content provider and a...

Deals

Government to buy own fleet of aircraft

János Lázár, the minister in charge of the Prime Ministerʼs Office, confirmed on Thursday that the government will buy a...

Deals

Opus, EPH partner to acquire majority in Mátrai Erőmű

Opus Global, a listed company among the interests of Lőrinc Mészáros, the business oligarch and close ally of Prime Minister...

Deals

Konzum ups capital for insurance, hotel investments

Holding company Konzum aims to acquire a 24.85% share in insurer CIG Pannónia by raising capital at the insurer through...

Deals

Deficit above 140% of full-year target

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1.639 trillion deficit at the end of November, lifted...

Deals

GE layoff numbers set for Hungary

Following the recent announcement that it would lay off 12,000 employees worldwide, GE has now made public its plans for...

Deals

Magyar Posta, Mid Europa bid for Romanian courier

Magyar Posta, Hungaryʼs state-owned postal services provider, is among three companies shortlisted for the acquisition of Romanian courier company Urgent...

Deals

SEED appoints Business Development Director

The School for Executive Education and Development (SEED), based in Budapest, has appointed András Kárpáty as Business Development Director, according...

Deals

Orbán: Hungary seeks ‘fair deal’ on sale of INA stake

Hungary wants to resolve the matter of oil and gas company MOLʼs involvement in Croatian peer INA with a "fair...

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...