Deals

Deals

State utility to hold nat’l gas, electricity distributors

State-owned utility company ENKSZ, which is operating under the new name NKM Nemzeti Közművek, will acquire 100% of the shares...

Deals

Hungary’s industrial output down 3% in April

Industrial production in Hungary dropped by 3% in April compared to the same month a year earlier, according to raw...

Deals

Gross household assets reach HUF 90 tln, says MNB

Hungarian householdsʼ gross assets reached HUF 90 trillion at the end of 2015, while the sectorʼs indebtedness remained among the...

Deals

Hungaryʼs 4G network claimed as worldʼs third fastest

Hungary has the worldʼs third fastest 4G/LTE network, according to the latest report by OpenSignal, the secretariat of the governmentʼs...

Deals

Refurbished metro carriages withdrawn from circulation

Refurbished metro carriages supplied recently by Russian company Metrowagonmash have been temporarily withdrawn from circulation on Budapestʼs Metro 3 line,...

Deals

‘Unstable’ Croatian gov’t obstacle to MOL’s sale of INA stake

The lack of stability of the Croatian government poses problems for the possible sale of Hungarian oil and gas company...

Deals

HVCA’s 19th conference sees further investment in the region

Participants at the 19th annual conference of the Hungarian Private Equity and Venture Capital Association (HVCA) on Private Equity, Venture...

Deals

MNB orders oversight commissioner at Dimenzió after court suspends licence revocation

The National Bank of Hungary (MNB) yesterday said it has ordered an oversight commissioner at insurance association Dimenzió after a...

Deals

Konzum fund manager to acquire 49% of MKB Bank

The investment manager of holding company Konzum will acquire a 49% stake in MKB Bank, Hungaryʼs fifth biggest lender, Konzumʼs...

Deals

Coca-Cola HBC Hungary restructures commercial branch

The commercial branch of Coca-Cola HBC Hungary is being restructured, while the company is appointing two new people to two...

Deals

Italian chamber holds business lunch in Debrecen

The Italian Chamber of Commerce in Hungary (CCIU) organized a business lunch on May 15 in Debrecen with the intention...

Deals

CTP acquires Rozália Park in Biatorbágy

Real estate firm CTP has acquired the 57,800 sqm logistics scheme Rozália Park from Challenger, at Biatorbágy to the west...

Deals

Hotel in Párizsi udvar set for completion in 2018

Parizs Property, a member of Mellow Mood Group, confirmed on Friday that it is building a five-star hotel for HUF...

Deals

CPI mandates CBRE with managing Campona, Pólus Center

After acquiring the Campona and Pólus Center shopping centers in Budapest, CPI Property Group has once again exclusively entrusted real...

Deals

CBRE envisages ‘major deals’ this year

The Hungarian investment property market can expect major business deals this year, according to a recent analysis sent to the...

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...