Deals

Deals

South African firm buys Arena Plaza for EUR 275 mln

The second biggest shopping mall in Budapest, Arena Plaza, has been sold to NEPI Rockcastle, a South African real estate...

Deals

Erste Bank Hungary to merge investment, private banking arms

Erste Bank Hungary is merging its investment and private banking activities into a single division from September, Deputy CEO László...

Deals

FlixBus opens regional office in Budapest

German long-distance bus transport company FlixBus, having entered the Hungarian market last year, has recently opened a regional office to...

Deals

K&H bank card transactions growing

Retail bank card transactions through K&H Bank rose 33% in the first five months of 2017 compared to the equivalent...

Deals

GKI raises economic growth forecast to 3.8%

Economic research institute GKI has raised its GDP growth projection to 3.8% for 2017, a quarterly forecast released on Friday...

Deals

Auchan targets CAPEX of HUF 17 bln in 2018

The local unit of French supermarket chain Auchan plans capital expenditures of HUF 17 billion next year, Auchan Hungary told...

Deals

MOL celebrates 8 decades of domestic oil and gas production

This year MOL celebrates 80 years since it started domestic hydrocarbon production. The first well started operating at Budafapuszta (240...

Deals

Konzum makes Appeninn buyout offer at HUF 261 per share

Holding company Konzum announced its compulsory public buyout offer for all remaining shares in property company Appeninn Holding on Monday,...

Deals

Konzum group to acquire dominant stake in Appeninn Holding

Konzum Investment and Asset Management and Konzum Private Equity will together acquire a 49.02% stake in Appeninn Holding, the companies...

Deals

eTruck Motor planning major e-lorry production investment

Hungaryʼs eTruck Motor plans to build almost EUR 10 billion of production capacity for electric lorries around the country, business...

Deals

Kinstellar advises Hiventures on Global Web Solutions investment

Kinstellar, which brands itself as Emerging Europe and Central Asia’s leading independent law firm, advised regional venture capital investor Hiventures...

Deals

Apple Maps now covers Hungaryʼs mass transit services

iPhone users in Hungary will now be able to use a new feature in Apple Maps, which allows them to...

Deals

National network of intermodal container terminals planned

The government plans to set up a national network of intermodal container terminals (OIKH) and would establish a 100% state-owned...

Deals

Konzum takes over HUF 11.9 bln real estate fund from Diófa

Konzum Investment Fund Management has agreed to take over the HUF 11.9 billion real estate fund of peer Diófa, pending...

Deals

Erste Real Estate Fund buys Buda’s Krisztina Palace

Krisztina Palace, a landmark office building of the Buda side, was sold to Erste Real Estate Fund by Union Investment,...

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...