Deals

Deals

More Complex Roles are Coming in the SSC Sector

Budapest is still a popular location for SSCs (Shared Services Center) although due to the significant amount of government support,...

Deals

GE to invest HUF 8 bln in Digital Development Center

General Electric is planning to invest HUF 8 billion in Hungary through opening a Digital Development Center here, according to...

Deals

MNB clears Konzumʼs takeover bid for Appeninn

Holding company Konzum on Tuesday said the National Bank of Hungary (MNB) has cleared its public purchase offer for all...

Deals

Richter appoints new CEO; Bogsch remains chairman

The board of Gedeon Richter appointed COO Gábor Orbán as the drugmakerʼs new CEO at a meeting on Monday, Richter...

Deals

Csaba Szende to head Eaton’s BSC in Budapest

Csaba Szende has been named as site leader/managing director of Eaton’s Europe, Middle East and Africa (EMEA) Business Service Center...

Deals

OTP Bank gears for new acquisitions

OTP Bank has been preparing for two decades to take advantage of proper merger and acquisition opportunities in the region....

Deals

GKI projects GDP growth of 3.8% in 2017, 2018

Given the high rate of investments in Hungary, economic research institute GKI has raised its GDP growth forecast from 3.5%...

Deals

Europa Capital sells its Budapest office portfolio

Europa Capital has concluded the sale of the Kalvin Portfolio in Budapest, which comprises two city center office buildings with...

Deals

Granit Polus names new head of international investments

With extensive management and director-level experience in property and asset management, Simona Ioana Ion has been promoted to head of...

Deals

Conference to discuss role of media in Russia-Europe relations

In the latest of an international series, a conference entitled “Russia and Europe: Topical Issues of Contemporary International Journalism” will...

Deals

Eight new prisons to be built in two years

Public procurement procedures are under way for the construction of eight new prisons in Hungary, with the first of the...

Deals

Hungarian ICT firms to get training for exports

The Hungarian National Trading House (MNKH) on Thursday launched an "ICT export academy" targeted at SMEs in the information and...

Deals

SSCs and BSCs: An Explainer

You come across the term Shared Services Center (SSC) or Business Services Center (BSC) ever more often now. Large multi-unit...

Deals

Innovation and Tradition in Confectionery

Tradition and innovation combines well in the personality of master confectioner László Zila. He is an inventor, who continuously seeks...

Deals

CPI Property Group issues European market bonds

Moody’s has assigned a first-time "Baa3" long-term issuer rating to Luxembourg-based CPI Property Group with a stable outlook. The same...

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...