Deals

Deals

MOL Group signs two-year deal with IBM

The MOL Group has selected IBM’s integrated technology services to accelerate business growth and improve its efficiency, the company said...

Deals

MOL signs EUR 110 mln Schuldscheindarlehen agreement

Hungarian oil and gas company MOL announced yesterday that it had signed a EUR 110 million Schuldscheindarlehen (SSD) Agreement, becoming...

Deals

Waberer’s closes acquisition of Polish peer

Hungarian road haulage company Waberer’s has closed the acquisition of its Polish peers Link and Link Services for a combined...

Deals

State to sell stake in Granit Bank

The state of Hungary will sell its 36.5% stake in Granit Bank, Minister for National Economy Mihály Varga said yesterday,...

Deals

ÁKK mandates Bank of China, HSBC for China’s ‘panda’ bond

Hungaryʼs Government Debt Management Agency (ÁKK) has mandated Bank of China and HSBC to organize an issue of yuan-denominated "panda"...

Deals

MNB fines insurance broker for not cooperating with arbitration board

The National Bank of Hungary (MNB) today said it levied a HUF 200,000 fine on insurance broker CLB Független Biztosítási...

Deals

Net sales of retail gov’t securities reach HUF 89 bln in June

Net sales of forint denominated government securities targeted at retail investors came to HUF 89 billion in June, bringing total...

Deals

New personal loans reach ten-year peak in Hungary

Banks disbursed new personal loans worth HUF 111 billion in Hungary in the first five months of this year, up...

Deals

Tesco commits to double-digit wage rises in 2017

In an apparent response to news earlier this week that workers will demonstrate Saturday and may subsequently call a strike...

Deals

Wabererʼs shares trade for first time on Budapest bourse

Shares of Hungarian road haulage and logistics company Wabererʼs International traded at HUF 5,165 on the Budapest Stock Exchange around...

Deals

Budapest transport faces bus driver shortage

Labor shortages, which experts say are becoming graver than ever in several Hungarian sectors, have reached the bus drivers of...

Deals

György Wáberer turns from road haulage to property

Businessman György Wáberer is plowing the proceeds from the sale of his stake in the road haulage company that bears...

Deals

Skanska names new projects director

Mariusz Wieczorek has been appointed new Projects Director of Skanska Property Hungary, according to a press release sent to the...

Deals

BKV suspends metro train refit until contractor remedies problems

Budapest public transport company BKV said it will stop sending old metro trains for refurbishment until Russiaʼs Metrowagonmash, the manufacturer...

Deals

About 100 investors participate at HIPA forum in New York

About 100 U.S. investors were present at an investment forum organized on Wednesday by the Hungarian Investment Promotion Agency (HIPA),...

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...